1. British Land lifts rental growth outlook after first-half acceleration
Simon Carter, CEO, said he was “pleased” with the performance with profits rising on the back of another strong period of leasing and good cost control.
2. BAE Systems backs outlook amid buoyant order book
Charles Woodburn, BAE Systems chief executive, said: “Trading has been in line with the upgraded guidance we issued at the time of our 2023 half-year results.”
3. FTSE 100 closes near best levels for the day
The FTSE 100 closed up 65.28 points, 0.9%, at 7,425.83 while the FTSE 250 rose 60.56 points, 0.3%, at 17,913.65.
4. Royal Mail facing gargantuan legal claim from Whistl
Royal Mail is accused of using anti-competitive practices to squeeze out Whistl, which was forced to significantly reduce its workforce and operations nearly a decade ago.
5. Dr Martens plummets as footwear stocks get the boot on both sides of the pond
Shares of the iconic German-founded British boot brand hit a new all-time low on Monday, taking the FTSE 250 constituent 75% below its 2021 flotation price.