1. FTSE 100 rallies as jobs data raises rate cut hopes
Come Tuesday's close, the FTSE 100 was up 78 points at 7,747.
2. CVS plunges and Pets at Home dragged down by CMA probe
Shares in the pet firms plunged after the CMA said a probe would be launched on concerns pet owners were often uninformed of pricing and could be left overpaying.
3. Persimmon profits more than halve but dividend maintained
Insisting it was “well placed to manage the ongoing uncertainty”, the housebuilder added that 2024 would be another challenging year.
4. Earlier Bank of England rate cut expected after cooler UK jobs report
Hopes grew over an initial rate cut after official jobs market data showed softening in several areas, including weaker wage growth.
5. L&G boss calls for ‘home bias’ in British investing culture
Chief executive Nigel Wilson said there was cause for optimism for the UK capital markets, but that cultural changes were needed.