The FTSE 100 index struggled to regain any confidence in Tuesday's trading after Compass and Rentokil both reported slower profit growth.
The FTSE 100 index only just closed over the 4,700 mark, having dropped 48.3 points or just over 1% to 4,701.5. Rentokil eventually closed down 8.25p or 5.5% to 141.75p – having earlier in the day suffered its biggest fall in six months – after reporting its pest control business has seen profit fall 12% in the first 10 months of this year, with little prospect of improvement. Compass Group shares also fell 9.5p or 3.95% to 231p after the world's largest caterer revealed second-half profit remained stagnant because the firm has several unprofitable school-lunch contracts as well as ad...
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