1. Reckitt’s departing boss adds more uncertainty
On the back of today’s announcement, shares in the consumer goods company fell 4%, a sign that his departure has not been taken as positive by investors.
2. Scottish Mortgage on alert as Tencent under pressure
Although for the large part, there are still talks taking place to decide which stakes should be offloaded and at what price.
3. BrewDog closes six pubs as costs spiral
Scottish craft beer chain BrewDog has announced the closure of six pubs due to spiralling operational costs and a lack of help from a “clueless government”.
4. FTSE 100 closes firmly lower as September begins
FTSE 100 closed on Thursday around 135 points lower, or 1.8%, at 7,148.
5. NatWest boosted by cash in deposits
NatWest remains on Goldman Sachs conviction list of buys as the US bank said fears of a price war in mortgages due to ring-fencing have yet to materialise.