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.
Susan Crichton, the Post Office’s general counsel before resigning in 2013, agreed it demonstrated an ‘element of smoke and mirrors’.
JD Sports reversed the trend of UK companies falling prey to American buyers by striking a $1.1bn (£900m) deal to acquire a US sportswear chain.
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