1. Babcock impresses with profit growth, shareholder returns and new guidance
The defence contractor's shares jumped over 11%, even after more than doubling already this year.
Read the results here and the analysis here
2. WPP leads fallers after AI warning
The advertising group fell after a warning that the industry faces a profound transformation from AI.
3. FTSE 100 falls despite Babcock-led gains for defence sector
Oil and drug heavyweights fell to weigh on London's blue-chip index, which dropped 40 points to 8,718.75.
4. BAE Systems boost as UK plans to buy nuclear-capable F-35s jets
More defence news, as Sir Keir Starmer wants to expand the UK's nuclear deterrent with at least a dozen new F-35 bombers.