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Tobacco stocks fall as FDA cracks down on ecig flavours
Tobacco stocks tumbled on Wall Street after US regulators announced new restrictions on flavoured electronic cigarettes and potential bans on menthol cigarettes and flavoured cigars.
London close: FTSE finishes flat as ministers resign over Brexit
London stocks gave up its earlier gains to finish flat on Thursday as the pound tumbled in the wake of Brexit Secretary Dominic Raab's resignation, with banks and housebuilders also hit by concerns about the EU divorce process.
Sector movers: Banks, builders, utilities cower as govt wobbles over Brexit
Banks, housebuilders and utility companies were under the cosh on Thursday as may UK-facing stocks suffered, while miners gleamed.
UK retail sales tumble 0.5%
UK retail sales tumbled last month, official figures revealed on Thursday, confounding expectations for the sector to bounce back from the previous month.
Royal Mail addresses costs as first-half profits fall 25%
Royal Mail nudged up its half-year dividend despite a 25% decline in operating profits for the first half of the year.