Property investment and development company Segro reported a 10. 8% improvement in adjusted pre-tax profit in its full-year results on Friday, which it said reflected a record year of development completions, high customer retention rates, like-for-like rental growth and a low vacancy rate.
South West Water said it would not take its latest price settlement to competition authorities despite several utilities saying they planned to do so.
Frasers Group, the owner of Sports Direct, has called on the government to take urgent action to reduce the burden of business rates on retailers by overhauling transitional relief.
Stocks slipped in early trading as traders grappled with the difficulty of pinpointing how far along China really was in controlling the outbreak of a new coronavirus in the country.
Stocks are being called to start the session slightly higher even as traders continue to grapple with the difficulty of pinpointing how far along China is in controlling the outbreak of a new coronavirus in the country.
Sajid Javid quit as chancellor in protest at a No 10 power grab yesterday and warned that Boris Johnson risked wrecking the Treasury’s credibility. The prime minister backed Dominic Cummings, his senior adviser, in demanding that Mr Javid sack his entire team of aides in the reshuffle. Instead the 50-year-old former leadership contender resigned and questioned the “character and integrity” of those around Mr Johnson. - The Times.
London open The FTSE 100 is expected to open 19 points higher on Friday, having closed down 1. 09% at 7,452. 03 on Thursday.
Stocks finished lower on Thursday afternoon on the back of news of an upward revision to the number of confirmed coronavirus cases in China.