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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 down; Nokia job cuts; Tesla sinks; Rolls-Royce contracts; Hipgnosis review

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 falls again while the FTSE 250 hits a one-year low

At the close, London's lead index was down 88.47 points, 1.2%, at 7,499.53 while the FTSE 250 fell 190.32 points, 1.1%, at 17,213.14

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2. Nokia to cut thousands of jobs as profits slump

Cuts will see the company cut its workforce from 86,000 to between 72,000 and 77,000.

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3. Tesla stock drops after earnings miss

The electric vehicle company posted earnings of US$0.66 per share on revenue of US$23.35 billion, missing expectations.

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4. Rolls-Royce job cuts prompt calls for government to stand by contracts

West of England mayor Dan Norris urged the government to commit to contracts to prevent staff in Bristol from being hit with redundancies.

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5. Hipgnosis Songs relationships 'breaking down', say analysts

Launching a strategic review today is a strange move, analysts said.

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The Markets
by Proactive
Proactive UK has moved.
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