The rejuvenated FTSE 100 index touched a new record today in a session when the focus turned to UK banking stocks. Lloyds Banking Group kicked off the sector’s reporting season by posting a 28% fall in first quarter profits alongside unchanged full-year guidance. Other companies in the spotlight today included Reckitt Benckiser, Jet2 and the Carex business PZ Cussons.
Britain’s biggest bank predicts three rate cuts this year
The new low for fossil fuels’ contribution to British grid lasted for an hour at lunchtime on April 15, Carbon Brief analysis shows.
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