Market Pulse
London Stock Exchange sees good growth in third quarter
London Stock Exchange posted its interim management statement for the third quarter to 30 September on Thursday, with total income from continuing operations excluding assets sold and held for sale up 19% to £414. 6m.
Senior warns over 2016 performance
Senior warned on Thursday that its performance for the full year 2016 is likely to be lower than previously expected amid challenging market conditions in truck and off-highway and oil and gas markets.
Rio Tinto trims iron ore guidance after third quarter slip
Rio Tinto lowered its iron ore shipment guidance slightly after it fell 5% to 80. 9m tonnes in the third quarter, reduced by port and rail maintenance.
London pre-open: Stocks seen flat ahead of UK retail sales
Stocks in London were set to open little changed on Thursday as investors looked to the release of UK retail sales data and the European Central Bank rate announcement.
Thursday newspaper round-up: Pensions, tax avoidance, EDF
Pressure is growing on the government to let companies water down their pension promises to millions of workers, as rising inflation threatens to push up the cost to employers. A report by the trade body for 1,300 schemes — including those of Tesco, British Airwaysand Marks and Spencer — has said that allowing salary-linked pensions to pay less generous inflation rises could help keep them solvent. – Financial Times.