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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

Hardware & electrical equipment

FIVE at FIVE: easyJet slams NATS; Arm cuts valuation; insurers shun Wegovy; petrol price soars; FTSE 100

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

1. easyJet leads grilling of air traffic control after week of chaos

Airlines have effectively been left in the dark following the air traffic control failure, which affected around 300,000 people saw thousands of flights axed.

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2. Arm lowers valuation ahead of IPO

Arm Holdings is targeting a valuation of between US$50-55 billion ahead of its New York float, down from the US$64 billion valuation given initially.

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3. ‘Miracle’ weight-loss drug will not be issued through major insurers

Several prominent UK-based insurers will not cover the costs of the newly launched weight-loss drug, Wegovy, under their private medical insurance policies.

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4. Petrol prices jump at fastest rate since 2000

August's rises in the price of petrol and diesel marked the fifth and sixth-largest monthly hikes respectively in 23 years.

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5. FTSE 100 fades to close in negative territory

The FTSE 100 index closed down 11.78 points, 0.2%, at 7,452.76.

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The Markets
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