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Burberry tops FTSE 100 on profits jump but market remains dogged by trade war and Brexit worries

Luxury brand Burberry (BRBY) shot to the top of the FTSE 100 leader board on Thursday after reporting a rise in half year profit as new collections boosted sales. Shares in the company rallied close to 7% in early trading to £22.02 as the £9bn business delivered an 11% hike in pre-tax profit to £193m for the 26 weeks ended 28 September, although the UK fashion brand said it expected a ...

Market report: Weakened pound gives FTSE 100 push, National Grid probe, BHP sees raw material demand soften

UK markets make further gains in early trade on Tuesday as investors rally around more declines for the pound and the impact on large overseas earnings for many of the FTSE 100 companies. That comes as energy regulator Ofgem announces a probe into the recent power blackout and National Grid’s (NG.) part in it. Sterling fell 0.4% against the dollar, taking cable (the nickname given to the ...
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