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Wood Group rejects third takeover offer from Sidara, Abrdn CEO stepping down
London open The FTSE 100 is expected to open 79 points lower on Friday, having closed down 0. 37% on Thursday at 8,339. 23.
AJ Bell founder Andy Bell sells 7.5m shares in placing, raises £28.1m
AJ Bell said on Friday that founder Andy Bell sold 7. 5m shares in the investment platform in a placing at 375p each, raising around £28. 1m.
London pre-open: Stocks to fall after US and Asian losses; retail sales in focus
London stocks were set to fall at the open on Friday following heavy losses in the US and Asia, as investors mulled a bigger-than-expected drop in UK retail sales.
Friday newspaper round-up: Energy price cap, Mike Lynch, News Corp
The energy price cap in Great Britain will fall to the equivalent of £1,568,a year this summer after a drop in wholesale gas prices. Set by the energy regulator, Ofgem, the cap reflects the average annual dual-fuel bill for 29m households and takes effect from July until the end of September. The cap, which is set quarterly, will fall £122 in July from its current level of £1,690, easing the pressure on household finances. – Guardian.