Skip to main content
The Markets by Proactive
Go to Proactive UK
Proactive UK has moved. Proactive’s coverage of London’s small caps continues on proactiveinvestors.com Go there →
Advertisement
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
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Food & drink

FIVE at FIVE: Concerns mount over Queen's health; Truss scraps fracking ban; Primark lays down the gauntlet; Melrose sinks further

Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news

1. FTSE 100 closes in positive territory

The FTSE 100 finished Thursday up around 24 points, or 0.33%, at 7,262, having been lower earlier this afternoon. There was a sombre mood amid mounting concerns over the health of the Queen.

Read more

2. Truss scraps fracking ban

Truss said the government will ensure the UK is a net energy exporter of energy by 2040 via the adoption of fracking, as well as expanding nuclear and renewable energy generation.

Read more

2. Primark becomes one of the first to say it will not hike its prices

Associated British Foods, which owns the discount clothing store, said it expects profit margins to be lower next year as it battles with the cost-of-living crisis, sending its shares tumbling 9% to 1,322p.

Read more

3. Kim Kardashian launches private equity firm SKKY Partners

Kardashian co-founded the company with one of her previous partners, Jay Sammons, a former executive at the multinational investment firm Carlyle Group.

Read more

5. Melrose Industries sinks further on GKN demerger plan

Melrose Industries shares fell again as the financial engineer announced plans to spin out a big chunk of the GKN business it bought four years ago in a bitterly fought £8bn takeover scrap.

Read more

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