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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: FTSE 100 surges; BP goes external; Sainsbury’s misleading prices; Tata Steel funding; Games Workshop dividend

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 surges

At the close, the main London markets were in the green, with the FTSE100 finishing 38 points higher at 7,711.

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2. BP will consider external candidates for CEO

The former CEO stepped down due to undisclosed relationships with colleagues. Chairman Helge Lund, who also chairs the nomination committee, confirmed the initiation of the selection process during a staff webcast.

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3. Tesco and Sainsbury’s providing 'misleading' loyalty card prices, says Which?

Analysis of 141 Clubcard and Nectar card prices at Tesco and Sainsbury’s over a six-month period found that nearly a third of the products were priced at their supposed ‘regular’ price for less than half of the time.

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4. Tata Steel funding package to involve big job cuts

A £500 million funding package for the Tata-owned Port Talbot steelworks might involve 3,000 job cuts.

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5. Games Workshop makes payout after better-than-expected trading

Updating investors ahead of today’s AGM, the Warhammer gaming miniatures group said trading for the three months to 27 August was ahead of the board's expectations.

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The Markets
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