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Moneysupermarket interims boosted by energy switching, acquisition
Price comparison website Moneysupermarket posted a jump in interim profit and revenue on Thursday as it helped more customers to switch energy after the implementation of the price cap.
SSE maintains guidance even after lower renewables output
SSE said its outlook for the current 2020 financial year remained unchanged from what it gave in May on Thursday, despite lower-than-forecast renewable energy output in the first three months.
London pre-open: Stocks seen lower amid Sino-US worries; Netflix disappoints
London stocks were set for a weaker open on Thursday amid ongoing worries about Sino-US trade relations and following the release of uninspiring results from Netflix, with all eyes on the release of UK retail sales data.
Anglo American lowers production guidance at De Beers, SSE maintains outlook amid lower renewables output
London open The FTSE 100 is expected to open 29 points lower on Thursday, having closed down 0. 55% at 7,535. 46 on Wednesday.
Anglo American lowers De Beers guidance; Q2 overall production up 2%
Anglo American said it was lowering full year production guidance to the bottom end of forecasts at its De Beers diamond operation in response to weaker market conditions.
Thursday newspaper round-up: Netflix, Woodford, De La Rue
The City watchdog has admitted that its rules are so complex that even its staff may not understand which investment products come under its jurisdiction. The chairman of the Financial Conduct Authority made the concession during a tempestuous annual public meeting in London on Wednesday, where consumers criticised the regulator for failing to protect them from a growing list of scandals. – Guardian.