After three days of gains, the blue-chip index started Thursday in the red, hampered by Burberry, which warned it might not hit revenue targets. The luxury group fell 9.1%.
Halma jumped 4.6% after it unveiled a higher dividend due to profit growth. Meanwhile, Chocolatier Hotel Chocolat rocketed by 164% after it accepted a 534-million-pound takeover offer from Mars.
Things to read today:
Central banks’ trillion-dollar problem (Financial Times)
Cathie Wood Has a Message for Investors: You’re Worried About the Wrong Thing (WSJ)
UK Secures record orders for bonds as inflation drops to 4.6% (Daily Telegraph)