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Market report: Dixons Carphone plunges after massive profit drop, weather boosts Dunelm

As the US Federal Reserve keeps interest rate rises on ice, the UK’s FTSE 100 leading basket of stocks was up 0.4% to 7,433.88 with global markets reacting positively to the decision from America’s central bank. In the FTSE 100, shares in Russian miner Evraz (EVR) have had a tough morning, falling 4.6% to 645p after it said a group of investors had finally sold their 1.7% stake in the ...

Market report: Fast fashion retailers in the spotlight as resources drag on FTSE 100

On the day that the top job is advertised at the Bank of England it is figures from fast fashion businesses Boohoo (BOO:AIM) and Primark, and its owner Associated British Foods (ABF) that are likely to grab investor attention. Primark-owner AB Foods has reported half year revenue of £7.5bn and adjusted operating profit of £639m, largely flat year-on-year but it is the low cost fashion arm ...
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