1. FTSE 100 live
Shares zoom higher
2. Frasers flies as profits impress despite lower sales
For the new financial year to April 2025, the FTSE 100-listed group said it expects adjusted profit to grow to somewhere between £575 million and £625 million.
3. AJ Bell sees uptick in people trading in shares
International dealing activity was "particularly strong" said Michael Summersgill, the wealth platform's chief executive, adding recent stock market performance has boosted confidence among retail or D2C customers.
4. SSE’s outlook supported by Labour’s renewable investment policies
SSE said renewables output surged 60% year on year in the quarter, “reflecting a return to more normalised weather conditions over the period, in addition to year-on-year capacity increases”.
5. Royal Mail makes solid progress; eyes a return to profitability
Addressed letter volumes, excluding election mail, fell by 4%, but total letter revenues grew by 11% due to election-related mail and stamp price hikes.