Market Pulse
CYBG ups medium-term financial guidance
CYBG, the holding company of the Clydesdale and Yorkshire Bank, has hit its targets for the first year since flotation and upped its guidance for loan growth and cost-cutting for the next three years.
London pre-open: Stocks seen higher on dovish Brainard
London stocks were set to open higher on Tuesday, rebounding from the previous session’s losses and taking their cue from a positive close on Wall Street following dovish comments from Federal Reserve governor Lael Brainard.
JD Sports knocks out another record first half
Sports, fashion and outdoor brand retailer JD Sports Fashion posted its interim results for the 26 weeks to 30 July on Tuesday, with revenue up 20% to £970. 57m compared to the first half of last year.
Tuesday newspaper round-up: Jobs boost, Brainard caution, recovery 'mirage'
Britain’s employers have refused to panic following the referendum vote, but new jobs are likely to become increasingly scarce as concerns over Brexit talks undermine business confidence. Recruitment agency Manpower said that, on the surface, the EU referendum had done little to dampen firms’ immediate recruitment plans. Official figures show employment is steady and the number of people claiming jobseeker’s allowance is falling. - Guardian.