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Smiths Group sales improve as new strategy kicks in, further disposals eyed
As it makes early progress with a new strategy, engineer Smiths Group reported improved revenues in the second quarter and an unchanged full year outlook.
Ted Baker can cut a dash in challenging market, says Jefferies
Jefferies said it was confident Ted Baker can outperform and maintained its 'buy' recommendation after shares in the clothing retailer fell when it issued some cautious words about the US trading outlook.
UK housing market faces pressure as banks approve fewer mortgages
British banks approved a smaller number of mortgages last month, according to the British Banking Association's monthly report on Friday, putting some pressure on the housing market.
National Grid a good 'hedge against Trump rally', JPMorgan says
National Grid has a strong investment case as its earnings momentum accelerates and represents a hedge to a reversal of the ‘Trump’ rally, JPMorgan Cazenove said on Friday.
BBA's consumer credit slowdown likely to relieve Bank of England
UK consumer borrowing in the form of personal loans and overdrafts slowed in February, according to data from the British Bankers Association, which tied in with the slowing retail spending reported this week.
UK's Brexit bill will be around £50bn, EC President Juncker says
Britain's bill for exiting the European Union will be close to £50bn and "must be honoured", European Commission President Jean Claude Juncker said, but he is not approaching the impending divorce proceedings in a hostile mood.
End of BHP's Escondida strike does not impress market much
Striking workers at BHP Billiton's Escondida mine in Chile agreed to end their 43-day industrial action on Thursday, but management are reportedly unhappy and analysts were unimpressed.