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Thursday preview: CBI survey to ease, Saga and Chemring report
Thursday should be a quieter day on the UK financial calendar, with the CBI industrial trends survey providing macroeconomic data and little in the way of scheduled results apart from updates from mid-sized names including Saga, Chemring and Go-Ahead Group.
Queen's speech sees embattled May change tack, DUP demands to the fore
In the Queen's speech to formally open parliament, Prime Minister Theresa May's minority government announced an intention to "provide certainty" over Brexit and maintain a "deep and special" alliance with the EU, as well as proposing a review of terror laws, technical education and mental health care.
St Modwen JV sells Nine Elms Square to China's Wanda
St Modwen Properties expects to receive £190m from the sale of the Nine Elms Square in Battersea, London after it was sold to Chinese buyers on Wednesday.
UK budget deficit falls to decade low but expected to rise this year
UK public borrowing declined more than expected in May, providing encouraging reading for Chancellor Philip Hammond, although the budget deficit is still expected to increase over the rest of the year as the economy weakens.
Whitbread sales froth up at Costa and Premier in first quarter
Whitbread booked in a strong start to its new financial year, with revenues at its Premier Inn hotels accelerating and Costa coffee shops sales returning to like-for-like growth.
Berkeley Group hoists profits 53pc, remains confident despite headwinds
Housebuilder Berkeley Group lifted annual pre-tax profits 53% and while it warned the business was facing "a number of headwinds and a period of prolonged uncertainty" around its core London housing market, it had £2. 7bn of forward sales booked and remained confident of delivering its profits guidance for the next four years.