FTSE 100 Little Changed In Directionless Trade
(RTTNews) - U.K. stocks were little changed on Monday after new data showed U.K. workers are earning more and producing less.
The Resolution Foundation said in a report that the link between productivity and wage growth has been temporarily severed because of falling pension costs and import prices.
The benchmark FTSE 100 was marginally higher at 8,434 after rising 0.6 percent on Friday.
In corporate news, Diploma shares jumped 5 percent after the technical products supplier reported a good set of half-year results and raised its sales and earnings forecasts.
Victrex added 1.3 percent. The high-performance polymers group forecast improvement in the second half after underlying profits dropped by a third in the first half.
Mission Group surged 5.2 percent. The digital marketing agency rejected a takeover proposal from rival Brave Bison.
DuPont To Acquire Donatelle Plastics For Undisclosed Terms
GM Defense Provides Commercial Battery Electric Technology For Future Military Platforms
Heritage Financial Names Bryan McDonald To Succeed Jeffrey Deuel As President And CEO
Carisma Says FDA Grants Fast Track Designation For CT-0525 In HER2-Overexpressing Solid Tumors
Conagra Brands Partners Microsoft And EY To Boost AI Capabilities With Human-Centered Approach
Ford Recalls About 550,000 2014 Model Year F-150 Vehicles
Bay Street May Open Slightly Weak; Inflation Data In Focus
