The FTSE 100 is beginning to claw back some of the sharp fall recorded on opening this morning with retailers at the forefront of gains. The index is currently 19.40 points lower (0.31%) to 6241.60.
Pub group Enterprise Inns is lower following yesterday’s 29% jump on announcing it will convert to a REIT, it is currently 6.13% lower to 478.75. Carphone Warehouse is down after releasing plans to offload a 50% stake in its retail business for £1.1bn. The phone giant is 2.59% down to 291.50. Financials Schroders (non-voting) and Standard Life are struggling this morning, down 2.19% to 936.50 and 2.11% to 255.75 respectively. High street retailer Next is higher despite announcing a 3.9% dip in Q1 sales, it is 5.62% ahead to 1297. Fellow giant Marks & Spencer is also doing well, up 2.47...
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