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Market report: GVC jumps on earnings upgrade, Baillie Gifford Japan beaten by benchmark

The FTSE 100 got off to a decent start this morning as a fall in the pound boosted the exporter-heavy index. Sterling has dipped as a deal between the UK and the European Union ahead of the Brexit deadline becomes ever more unlikely. Just before 9am, the UK’s benchmark index stood almost 30 points, or 0.4%, higher at 7,172.73. Sports betting company GVC Holdings (GVC) jumped 3.4% to ...

News in brief: Conviviality, Zotefoams, Fevertree, LiteBulb, Renewable Energy, Premaitha

Conviviality game-changer Bargain Booze owner Conviviality Retail (CVR:AIM) is currently suspended at 155p pending a potential reverse takeover. Conviviality, whose finals (13 Jul) showed progress across its franchised estate, is in talks to buy pub drinks distributor Matthew Clark in what would be a game-changing deal. (JC) Visibility bubbles at Zotefoams At 322p a trading update ...
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