|
|
| UK Market Update Archive: |
|
Weak Banks, UK Benchmark Down 2.4%
Jul 15, 5:55 PM EDT |
|
| BT Group fell 5% after it plans to spend 1.5 billion pounds to roll out high speed internet access to most of the households. |
|
| Stocks in London fell after the inflation in June rose at a rate of 3.8% and investors sold stocks of banks. Burberry, the luxury retailer confirmed its earnings guidance and expects to push its stock buyback to the second half of the year. The largest UK food maker, Premier Foods expects to meet annual earnings guidance as it passes on price increase to customers. Rio Tinto Group is expected to release trading update tomorrow. |
|
|
Full Story... |
|
1
|
|
