Market Report
London pre-open: Stocks to rise ahead of Carney speech
London stocks were set to open higher on Friday, taking their cue from a positive session on Wall Street as investors eye a speech by Bank of England governor Mark Carney.
Close Brothers selling retail finance division, Wetherspoon posts profits slightly ahead of forecasts
London open The FTSE 100 is expected to open 27 points higher on Friday, having closed down 0. 43% at 7,281. 57 on Thursday.
Friday newspaper round-up: RBS, Carillion, house prices, Allianz
The Royal Bank of Scotland chief executive has been accused of withholding information from MPs investigating the bank’s mistreatment of small businesses. In a frosty exchange with Nicky Morgan, the Treasury committee chair, Ross McEwan rejected the suggestion that he had misled MPs at an evidence session into heavily criticised practices at the lender’s Global Restructuring Group. – Guardian.
US close: Markets finish higher as Apple surges on new phone range
Trading on Wall Street finished on a positive note on Thursday, with shares of Apple well into the green the way as investors welcomed the latest developments between the US and China on the trade front.