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Improved UK GDP stokes rate of interest expectations and weighs on FTSE

London’s prime markets slid in worth on Friday as better-than-expected UK financial progress in June and the second quarter of 2023 as an entire fuelled hypothesis of continued rate of interest hikes by the Bank of England.The Office for National Statistics (ONS) recorded a...

Capita swings to a half-year loss after cyber assault

Capita, the outsourcing big that administers London’s Ultra Low Emission Zone and the Congestion Charge, fell to a loss in the present day, after a significant cyber assault final 12 months.But the FTSE 250 firm is assured it has handled the incident in March,...

International shares boosted after US jobs progress slows

The FTSE 100 closed within the inexperienced on Friday after a blended session that noticed new US jobs information give world shares a day enhance.The world’s greatest financial system added 187,000 jobs in July, decrease than economists had been anticipating. It additionally revised down...

Capita drops to loss as outsourcer flags as much as £25m in cyber assault prices

Capita has slipped to a loss because it stated a cyber assault which rocked the agency earlier this yr might price it as much as £25 million.The outsourcing big posted a statutory pre-tax lack of £67.9 million for the six months to June 30,...