The FTSE 100 index set a new intraday high this morning after recording an all-time record close last night. Today’s top performing London stocks are Primark owner AB Foods after a strong update and JD Sports Fashion following a US acquisition.
Reports last week said Zuber Issa is seeking to sell his 22.5% stake in Asda to private equity firm TDR Capital,
Interest rate cuts are still “some way off”, the Bank of England’s chief economist has warned, as hopes for rapidly falling borrowing costs around the world fade.
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