1. FTSE 100 Live
Index sinks as Vistry sours mood
2. Vistry plunges on profit warning over underestimation of build costs
The FTSE 100-listed housebuilder said the cost overruns would reduce profits by roughly £80 million this year, plus £30 million for next year and £5 million for 2026.
3. Imperial Brands’ loss-making smoking alternatives blaze ahead
'Big Tobacco' firm’s in-roads into the smoking-alternatives industry is gaining pace, although these next generation products (NGPs), as Imperial Brands calls them, remain a small fraction of the group’s total sales.
4. Shein revenue tops £1.5bn in UK as London listing looms
This marked an increase from £1.12 billion over a 16-month period previously, Shein’s second set of results for its UK business showed, as pre-tax profit more than doubled to £24.4 million.
5. Oasis reunion ticket sales help boost non-essential spending
Entertainment spending increased by 14.4% in September, aided by sales for Oasis’ concerts next year, while the likes of clothing, health and beauty transactions picked up.