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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 motors; Shell hikes returns; Sainsbury's scores; BT backs outlook; Interest rate sticks

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 motors on as investors take the view interest rates have peaked

The FTSE 100 index closed up 104.10 points, 1.4%, at 7,446.53

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2. Shell hikes returns despite fall in profits

The oil giant unveiled a US$3.5 billion buyback, alongside US$2.2 billion in quarterly dividends.

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3. Sainsbury's scores strong food sales and market share gains

Grocery sales volumes jumped as customers were taken with Sainsbury's offerings.

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4. BT backs outlook after modest rise in sales

Revenue notched higher in the first half as fibre-enabled product sales grew, aided by inflation-linked pricing.

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5. Bank of England leaves interest rates unchanged

The Monetary Policy Committee voted 6-3 to leave rates at 5.25% - the highest level in 15 years.

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