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Market report: Debenhams rebounds on Sports Direct bid, Ocado ripens on Australian deal

London’s FTSE 100 firms 29.4 points to 7,207 on Tuesday, the blue-chip benchmark bouncing back from two sessions of losses as exporters benefited from a weaker pound following MPs vote to take control of the Brexit process. Bombed-out department store operator Debenhams (DEB) rebounds 42% to 2.2p following ‘a possible offer’ from Mike Ashley’s Sports Direct (SPD) for the remaining ...

Market report: Ashtead advances on earnings beat, WPP up on new growth plan

UK markets are starting to bounce back after yesterday’s Brexit calamity. The FTSE 250, which is considered the benchmark index for UK-focused companies, nudges up 0.2 points to 17,493, although that still leaves it trading well below the 21,324 year-to-date high. The FTSE 100 achieves a stronger lift, advancing 24 points to 6,746 off the back of gains in the mining and oil sectors, plus support ...
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