1. Scottish Mortgage starts down recovery path- perhaps
“We will have periods when we underperform the market, and the six months in question was one,”
Plus: Scottish Mortgage Investment Trust revival rests on private valuations
2. Prudential upbeat as growth in China drives strong performance
Strong growth in new business and sales was seen in the first nine months of the year - brokers liked it
3. FTSE 100
At the close, the FTSE100 was little changed.
At the close, London's blue-chip index was flat at 7,417.76 while the FTSE 250 closed down 236.37 points, 1.3%, at 17,747.47.
4. Melrose climbs after expanding GE partnership
GKN Aerospace business has signed a major new agreement with GE Aerospace
5. British Steel to close Scunthorpe furnace
Up to 2,000 jobs might be lost plus UK's ability to make raw steel