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Market Report: Merlin pressure rises as activist calls for action, Serco jumps on naval acquisition

UK stocks are in sharp reverse in early trade on Thursday as growing tensions between the US and China, and doubts over Theresa May's government leadership because of Brexit continue to gnaw away at investor confidence. The benchmark FTSE 100 slumps more than 80 points, or roughly 1.2%, to 7,247.66, although a swathe of companies going ex-dividend today (when new shareholders lose the right to ...

Market report: RBS finance boss goes, Italy fall out goes on, former WPP man Sorrell back

The political crisis engulfing Italy continues to rattle investor cages across Europe and elsewhere around the globe, with Asian markets hit hard overnight. The UK’s FTSE 100 is making an unsettled start to trading on Wednesday, early modest gains being gradually whittled away to trade around 5 points lower at 7,627.65. It follows a 1.3% fall on Tuesday as investors took fright at the ...
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