1. Prudential profit hammered by poor investment returns, but guidance maintained
New business profit saw a 1% year-on-year dip to $1.47 billion, although this was against a strong year-on-year comparative of 45% new business profit growth in the first half of 2023.
2. Water firms warn cap on bill hikes risks failures
This comes as London’s supplier, Thames Water, has emerged on the brink of renationalisation after racking up over £15 billion worth of debt.
3. Ryanair calls for airport drink restrictions as flight incidents rise
Speaking to the Telegraph, O’Leary said that drunken incidents were weekly occurrences on flights especially if other substances were involved.
4. FTSE 100 Live
Index regains.
5. Housebuilders boosted as buyer demand builds on mortgage rate cuts
House prices are up 1.4% over the first seven months of the year so far and by December, the index suggests house prices are on track for a 2.5% increase since the start of the year.