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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

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FIVE at FIVE: Qatari Man U bid, Record bank withdrawals; FTSE 100 down; Thames in deep water; Virgin Galactic commercial flight

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

1. Qataris edge closer to Manchester United takeover

Sheikh Hamad Al-Thani and his inner circle have reportedly begun communicating their confidence and believe an official announcement is on the horizon.

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2. Record withdrawals from UK banks as savers search for higher interest savings

A record £4.6bn was taken out of savings from banks and building societies in May, according to figures from the BoE today.

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3. FTSE 100 suffers as utility sector and higher yields weighs on stocks

At the close, the FTSE 100 was down 29 points at 7,472 points for a 0.4% loss on the day.

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4. Thames Water has "significant issues to address" claims Ofwat

In a statement, Ofwat said: "We have been clear that Thames Water has significant issues to address - their environmental record and leakage performance, for example, are poor."

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5. Virgin Galactic launches first commercial space flight

Carried beneath Eve's wings will be the Unity rocket containing the company's first three paying passengers, which for this debut flight are from the Italian Airforce on a scientific research mission for the National Research Council of Italy.

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The Markets
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