The FTSE 100 was flat as a pancake as the downbeat mood of the week continues, even though Wall Street touched record highs again yesterday. London’s main index was unmoved at 7,300 in early trading.
It has emerged than tens of Conservative MPs have second jobs, from gambling firms to private healthcare, earning them millions in additional salary. Only three labour MPs had two jobs compared to over 90 Tory counterparts.
Associated British Foods PLC (LSE:ABF) (Associated British Foods PLC (LSE:ABF)) expects significant progress in profits over the coming months as Primark rebounds strongly. The fast-fashion retailer admitted limited availability on some product lines due to supply chain woes.
Rolls-Royce Holdings PLC (LSE:RR.) has secured £400mln to develop nuclear power generators as part of the UK’s future net-zero energy goals. One single station will provide energy for 1mln homes, plus produce fuels for sustainable aviation and green hydrogen.
Among the small caps, Crossword Cybersecurity PLC (AIM:CCS) has partnered with cyber risk auditor Dark Beam to expand its offering. It will help corporate customers minimising the threats potentially arising from their supply chain.
Induction Healthcare Group PLC (AIM:INHC) has landed a contract to supply its Attend Anywhere platform to the Department of Work and Pensions. The tool is used to set up video consultations between doctors and patients.
Mode Global Holdings PLC (LSE:MODE) has unveiled a partnership with L.K.Bennett, a luxury fashion retailer. The fintech group will provide a digital payment and rewards option for online customers.