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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

Financial Services

FIVE at FIVE: FTSE 100 drops; Threads kills Twitter; Currys tough trading; higher interest warnings; Jet2 news mixed

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

1. FTSE 100 deep in the red at the close

The FTSE 100 had sunk like a stone at the end of Thursday trading, losing 161 points to finish at 7,281 for a 2.2% loss on the day.

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2. Twitter killer Threads hits 10 million users in debut hours

Mark Zuckerberg’s brand-new Twitter-rivalling social media platform Threads smashed milestones in a matter of hours.

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3. Currys shares bomb after results as bargain hunters make the buy case

Shares in the electronics retailer dropped following the cancellation of the company's dividend in the face of tough trading.

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4. UK interest rate of 7% may be needed

The Bank of England may have to push interest rates as high as 7% and trigger a “hard landing” for the UK economy, analysts warned.

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5. Jet2 results please but shares hit on chairman departure

The airline's return to profitability was hindered by news that chairman Philip Meeson would depart.

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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK