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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Food & drink

FIVE at FIVE: Diageo dumps Dublin, Imperial makes gains; FTSE 100 closes higher; London tenants stung; Tesco’s massive profits

Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news

1. Guinness supplier Diageo dumps Dublin listing

The £80bn drinks corporation has decided to delist its shares from the Dublin and Paris stock exchanges following a review of the trading volumes, costs and administrative requirements for the Euronext listings.

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2. Imperial Brands on track for full-year revenue and profit growth

The tobacco and vapour products manufacturer added that is continuing to make good progress on implementing its five-year strategy to transform the business, according to a pre-close statement for the six months to 31 March 2023.

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3. FTSE 100 closes in positive territory again

At the closing bell, the FTSE 100 had finished the day in positive territory at 7,843 points for a gain of 0.2% on the day.

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4. Tesco's £2.6bn profit branded 'astonishing corporate greed' as customers struggle

The FTSE 100 group reported an adjusted operating profit of £2.63bn, which dipped from the £2.83bn a year earlier, while cash flow rose 4% to £3.75bn, allowing the group to pledge another £750mln share buyback for investors.

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5. London renters getting stung by plummeting house prices

The cost-of-living crisis has only exasperated the problem, with energy bills still high despite near-term relief.

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The Markets
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