Market Pulse
London open: Stocks flat as investors mull retail sales; Britvic surges
London stocks were steady in early trade on Friday as investors mulled the latest retail sales data and consumer confidence reading.
UK retail sales rise more than expected in May
UK retail sales rose more than expected in May, according to figures released on Friday by the Office for National Statistics.
London pre-open: Stocks seen flat as investors mull retail sales
London stocks were set for a flat open on Friday as investors mulled the latest retail sales data and consumer confidence reading.
Friday newspaper round-up: Royal Mail, council tax, GSK
The owner of Royal Mail is facing a near £900m class action claim over accusations it abused its “dominant position” in the market for sending out bulk mail, including bank statements and weekly magazines. International Distribution Services (IDS) has been served with an £878m action by a newly formed company that said it represents an estimated 290,000 customers who claim they were overcharged as a result of Royal Mail’s behaviour. – Guardian.