1. AB Foods sees 'year of meaningful progress' with Primark back on track
Associated British Foods PLC (LSE:ABF) delivered revenues of almost £6.9 billion, up 2.8%, or 5.4% at constant currencies.
2. Morrisons scraps four-day week
Morrisons has abandoned its four-day working week for head office employees due to staff not wanting to work weekends.
3. UK's 99% mortgage idea criticised by brokers
The government is reportedly mulling the backing of a 99% mortgage scheme for first-time buyers.
4. FTSE 100 closes little changed
At the close, London's blue-chip index was down 1.98 points at 7,485.73 while the FTSE 250 was down 78.82 points, 0.4%, at 18,996.82.
5. Bitcoin slides below $40,000 as sell-off continues
The leading cryptocurrency has fallen 6.8% over the past week and 9.5% over the month as interest fades away over the launch of Bitcoin ETFs