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Market report: Boohoo sparkles, McBride warns on profits, Gambling Commission bans use of credit cards

UK stocks opened slightly lower today with the FTSE 100 off 0.17% at 7,600.4 while the FTSE 250 index was flat at 21,720. Gambling stocks were on the back foot following the banning of credit cards which comes into effect on April 14. GVC (GVC) was trading off 0.24%, William Hill (WHM) was 2% lower while Flutter Entertainment (FLTR) shares were 0.8% softer. Online fashion retailer Boohoo ...

Market report: Sainsbury’s slumps on CMA slap-down as investors laud Lloyds’ £4bn capital return

London’s FTSE 100 firms 18.7 points to trade at 7,197.8 on Wednesday, boosted by share price gains from the banking and mining sectors, while markets across mainland Europe and Asia also take a step forward. Supermarket J Sainsbury (SBRY) slumps 15.3% to 244p as the Competition and Markets Authority (CMA) says its planned £7.3bn takeover of Walmart-owned Asda could push up prices and reduce ...
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