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Market report: Marks & Spencer slumps on poor Christmas clothing sales, Card Factory collapses on profit warning

London’s FTSE 100 started Thursday on the front foot, gaining 31.4 points to top the 7,600 mark as tensions between the US and Iran seemed to cool overnight. Corporate news was dominated by a flurry of festive updates from the hard-pressed retail sector, with the British Retail Consortium (BRC) stating that annual sales dipped in 2019 for the first time since 1995. Embattled retail giant ...

Market report: FTSE falters, Barratt bullish, recruiters struggle after Page warning

UK stocks open weaker on Wednesday with the FTSE 100 index of leading stocks drifting off by 0.2% to 7,522 due to softness in Beverages, Personal Goods, Tobacco and Utilities Housebuilder Barratt Developments (BDEV) delivers a positive trading update for the year to 30 June and forecasts annual pre-tax profit above the current market consensus of £884m thanks to a big improvement in operating ...
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