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Brexit chaos causes sterling to tumble
The pound plunged 10% on Friday and today fell again to US$1.3218 - a new 31 year low - as the globe looks at the UK and sees uncertainty and potential recession ahead.
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LON:EZJ
EasyJet is engaged in the provision of a low-cost airline service on short-haul and medium-haul point-to-point routes principally within Europe.
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The pound plunged 10% on Friday and today fell again to US$1.3218 - a new 31 year low - as the globe looks at the UK and sees uncertainty and potential recession ahead.
EasyJet says uncertainty caused by EU vote outcome is likely to reduce second-half revenue
International Consolidated Airlines Group "no longer expects to generate an absolute operating profit increase similar to 2015.” Other airlines follow the descent.
Investments and investor services
That's it from us for a very volatile Friday, more Brexit reaction to follow on Monday.
Having held its own for most of the week, the top shares index finished down on the week, laid low by fears over a UK exit from the European Union
Investments and investor services
All but two of the top-share index's constituents were in the red
Budget airline carried 6,861,040 passengers during the month, up 5.7% from 6,490,974 a year ago
The bank says the stock appears affected by downward momentum as underlying sales are falling at a crucial time.
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Marks shares tanked 8% on Wednesday as the firm warned that turning around its struggling clothing arm would hit profits
Chilean miner is biggest riser of the session as it sells silver-zinc-lead project
Investments and investor services
The FTSE 100 opened with a slight dip then recovered 47 points to 6161
Budget carrier blames currency volatility and terrorism for first-half losses
easyJet's profits flat on a constant currency basis. Capita on track to meet consensus expectations.
Updates are also expected from Summit Therapeutics, Maxcyte and Hiscox
Shares in London fall back late on despite solid start
News flow for the drugs developer has been nothing but positive this year
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Also, Reckitt Benckiser, Fresnillo, Diamondcorp...