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FTSE 250 movers: Sports Direct slides; IP Group gains ground
London’s FTSE 250 was up 0. 2% at 19,598. 29 in afternoon trade on Monday.
FTSE 100 movers: Antofagasta rallies; Micro Focus slumps as chairman dumps shares
The FTSE 100 was up 0. 3% at 7,531. 14 in afternoon trade on Monday as investors digested mixed Chinese data and earnings from Citigroup across the pond.
Circor shares tumble as Crane says it won't extend offer deadline
Circor shares slumped on Monday after Crane Co said it would not extend its offer for the US flow control technology company if there is no "substantive engagement" this week.
Real Good Food promotes cake decoration boss to group CFO
Diversified food business Real Good Food has promoted the finance director of its cake decoration division, Maribeth Keeling, to the role of group chief financial officer with immediate effect.
London midday: Stocks tick higher as Antofagasta rallies; US earnings season eyed
London stocks had ticked a little higher by midday on Monday as investors mulled mixed Chinese economic data and looked ahead to the start of the US earnings season.
Ogden rate change dents insurers
London-listed insurers were under pressure on Monday after the Ministry of Justice said it was changing the Ogden discount rate used to calculate compensation for personal injuries to -0. 25% from -0. 75%.
Micro Focus slumps as chairman dumps shares
Micro Focus slumped on Monday as it emerged that chairman Kevin Loosemore sold 650,000 shares in the business last week, pocketing £11. 6m.
Core UK bakery business underpins sales at Finsbury Food
Finsbury Food posted a jump in full-year sales on Monday thanks to strength in its UK bakery division.
Sports Direct delays results, warns on guidance
Sports Direct said it was delaying the publication of its preliminary results as it pointed to the "complexities" of integrating House of Fraser and warned that the guidance given back in December could be "materially" affected.
London open: Stocks edge up as investors mull China data; US earnings season eyed
London stocks nudged up in early trade on Monday as investors mulled mixed Chinese economic data and looked ahead to the start of the US earnings season.
Chinese economic growth slows to 27-year low
Chinese economic growth eased to its weakest pace in 27 years in the second quarter, according to data released by the country’s statistics bureau on Monday.
London pre-open: Stocks set for muted open after mixed China data
London stocks were set for a muted open on Monday as investors digested some mixed Chinese economic data.
Monday newspaper round-up: UK shoppers, Chinese growth, Boeing
Shoppers deserted UK high streets during June as the washout weather and continuing Brexit uncertainty helped drive store visits down to a seven-year low for the month. The “summer slump” took a particularly heavy toll on high streets, with shopping centres also badly affected, according to the British Retail Consortium’s (BRC) monthly footfall tracker for the period from 26 May to 29 June. - Guardian.