1. Rightmove urged to ‘engage now’ bidder REA ramps up hostilities
REA has clearly become frustrated with the Rightmove board’s refusal to cooperate, with the Aussie-listed business compelling management to “engage now” before the 30 September deadline.
2. Retailers see sales grow at fastest pace since May
Retailers also saw prospects improving in October, with the balance of those expecting an uptick in sales over the month climbing to 5%, against previous expectations of -17%.
3. LVMH secures seat on Moncler board via ‘opportune’ luxury acquisition
“Moncler has been one of the most significant entrepreneurial success stories in the industry over the past twenty years,” said LVMH patriarch Bernard Arnault.
4. FTSE 100 Live
Stocks climb
5. Mortgage rates drop every day this week as Barclays latest to cut
As of Friday, the rate on average five-year fixed mortgages sat at 5.40%, according to comparison site Moneyfacts.