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Market report: Barclays and WPP up on strong third quarter but Synthomer plunges

After a flat open, the FTSE 100 is drifting with investors nervous over what today’s political events will bring. The European Union is considering the UK’s request for an extension while at the same time MPs are mulling over the merits of a general election in December. Markets dislike uncertainty, and the FTSE 100 has given up 0.3% or 20 points to 3,307 while the FTSE 250, generally ...

Market report: Metro Bank jumps on possible £500m sale, Whitbread down as it returns £2bn to investors

UK stocks start the week flat with the FTSE 100 opening at 7,509, little changed from Friday as investors weigh up the political environment. Ahead of Boris Johnson’s likely appointment as the new prime minister tomorrow investors seem to be acting cautiously with uncertainty over a 'no-deal' Brexit set to go up a notch. Heightened tensions in the Gulf, as well as a possible interest rate ...

Market report: Carpetright plunges into the red, takeover confusion grips Inmarsat

Struggling British floor coverings retailer Carpetright (CPR) plunged into the red for year to 28 April 2018 and underlying sales have continued to fall since, the company confirms on Tuesday. Warm weather and stock shortages have been particularly fierce challenges that saw the company report an underlying pre-tax loss of £6.4m, versus a £14.4m profit last time, roughly in-line with recent ...
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