1. FTSE 100 down on inflationary fears
London’s blue-chip benchmark closed Tuesday’s session down 117 points or 1.57% changing hands at 7,389.
2. M&S leaps after beating forecasts on strong food and clothing sales
The retailer said the first 19 weeks of the year had seen continued market share growth in an unscheduled trading statement.
3. Barclays finally lifts savings rates
Though the bank is bumping up rates by as much as 1.05 percentage points, the increases come over a month after some rivals made the move.
4. Legal & General falls on lack of buy-back
The life and general insurer's operating profit in the six months to 30 June 2023 was down 2%, but above City hopes.
5. ITV becomes pharma investor
The initial £2 million investment in pain relief brand Flarin is its first in consumer healthcare. It is also most likely the first for any television company.