Skip to main content
The Markets by Proactive
Go to Proactive UK
Proactive UK has moved. Proactive’s coverage of London’s small caps continues on proactiveinvestors.com Go there →
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Archive

FTSE moves higher in muted start; UK public deficit swells - Market Report

FTSE moves higher in muted start; UK public deficit swells - Market Report

London's FTSE 100 ticked up as trading got underway, regaining some ground lost after a slump on Tuesday.

The cautious start came as official data showed the UK’s public deficit in July reached its highest for the month since 2021, climbing more than expected to £3.1 billion.

Among companies, Waitrose unveiled plans to open 100 new convenience stores over the coming five years as part of a £1 billion investment drive.

NatWest was confirmed to have lost its title as a public company following the government’s steady sell-down of its stake in the bank, which fell below 25% in June.

Whitbread’s Premier Inn faced a blow as an advert boasting £45 a night rooms was banned by regulators in the UK over misleading claims.

And construction company Costain jumped early on after unveiling a new £10 million share buyback in results showing first-half profit doubled.

Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK