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

Finance

FIVE at FIVE: FTSE 100 tumbles; Rightmove deal buried; Rolls-Royce electric flight wind down; Frasers bids for Mulberry; House prices jump

1. FTSE 100 live

Stocks tumble.

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2. 'Disappointed' REA walks away from Rightmove bid

In a statement, REA said the proposed combination would have provided Rightmove shareholders the opportunity to meaningfully participate in a fast-growing, diversified, global leader while "receiving value certainty in an operating environment challenged by increased market competition".

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3. Rolls-Royce reportedly set to wind down electric flight business

This follows a wider restructuring effort since chief executive Tufan Erginbilgic took the helm early last year, which has seen Rolls-Royce refocus on its core businesses.

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4. Frasers makes bid for Mulberry to avoid ‘Debenhams situation’

The 2.6% pre-market fall in the Redmond megacap’s share price is due to revenue concerns in its Azure cloud-computing segment.

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5. UK house prices see biggest jump in two years

House prices have climbed 0.7% since last month and 3.2% since last year, according to data from Nationwide, up from an annual rate of 2.4% in August and the fastest rate of growth since November 2022.

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In the small-cap space:

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