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Halma makes 'good progress' in H1
Safety equipment company Halma said on Thursday that it has made "good progress" in the first half of its trading year despite the ongoing "challenging" operational environment.
JD Sports H1 pre-tax profits fall, PZ Cussons Q1 LFL sales rise
London pre-open The FTSE 100 was being called to open 57. 3 points lower ahead of the bell on Thursday after closing 0. 63% higher in the previous session at 7,237. 64.
Thursday newspaper round-up: UK debt, living wage, Newport Wafer Fab
Britain’s mounting debts will be unsustainable if the government presses ahead with sweeping tax cuts in a mini-budget on Friday, according to the Institute for Fiscal Studies thinktank. Fuelling concerns that the UK’s precarious financial position will spark a run on the pound, the chancellor, Kwasi Kwarteng, is expected to reverse an increase in national insurance payments and cut corporation tax at a cost to the Treasury of £30bn. – Guardian.
US close: Dow slides as Fed signals further, faster rate hikes
Wall Street stocks turned negative by the close on Wednesday, with the Dow losing more than 500 points, after the Federal Reserve locked in another 75-basis point rate hike and signalled more was to come.