FTSE 100 moved higher as Boris Johnson finally agreed to step down as PM. But even here there is a twist, with his staying on until the Autumn when a replacement takes over. London’s blue-chip index was up 47 points at 7,155, suggesting it was expected.
Which? has reported easyJet to the Civil Aviation Authority. Allegedly, passengers were not told about their legal right to compensation and the chance to be re-routed.
Shell is to reverse up to US$4.5bn in write downs on oil and gas assets after it raised its energy prices outlook following Russia's invasion of Ukraine. Its refining margins almost tripled over the period.
Entain lowered its online growth guidance as the cost-of-living crisis affects the amount customers want to bet. It reported that a “weaker macro macro-economic environment is reducing customers' rate of spend.”
SSE has been successful in the UK's fourth Contract for Difference (CfD) Allocation Round and is set to be awarded a low-carbon power contract for 220MW. The contract follows a competitive auction process in Allocation Round 4 (AR4) for 'less established' technologies including Remote Island Wind.
Argo Blockchain increased the amount of bitcoin or equivalents mined in June as its new Texas facility continued to gear up. 179 bitcoin or equivalents were mined, up from 124 in May.
Bidstack told investors first-half revenue was up 160% at £2.1mln meanwhile margins are also up and it ended the half with £3.6mln of cash. A key business highlight was the start of the Azerion Group media sales partnership, said the in-game ad specialist.