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Sports Direct rules out bid for Debenhams
Sports Direct clarified overnight that it does not currently intend to bid for Debenhams, in which it has a 29% stake.
RDI forward funds two Bicester units, sells Edinburgh office
Income-focussed real estate investment trust RDI has completed a forward-funding agreement to acquire two “high quality” distribution units in Bicester totalling 288,000 square feet, as well as completing the disposal of the Lochside office in Edinburgh, it announced on Thursday.
Legal & General completes biggest ever UK bulk annuity with BA pension scheme
Legal & General Group has completed a £4. 4bn buy-in for the British Airways pension scheme, Airways Pension Scheme (APS), covering nearly 22,000 pensioners, it announced on Thursday.
Legal & General completes biggest ever UK bulk annuity, Morrisons more than doubles interim dividend
London open The FTSE 100 is expected to open flat on Thursday, having closed up 0. 55% at 7,313. 36 on Wednesday.
London pre-open: Stocks to edge lower ahead of BoE, ECB announcements
London stocks were set to edge lower at the open on Thursday as investors eyed the latest rate announcements from the Bank of England and the European Central Bank.
Thursday newspaper round-up: Brexit, RBS, Sports Direct, Vodafone
Theresa May’s Brexit plans have been dealt a blow after the Democratic Unionist Party backed a rival plan drawn up by Tory rebels to allow the UK to leave the EU's single market and customs union without a hard border in Ireland. The European Research Group published a paper calling for equivalence of UK and EU regulations and conformity assessment for all agricultural goods on the island of Ireland. - Telegraph .
US close: Markets mixed as Apple fails to fire up investors
Trading on Wall Street finished on a mixed note on Wednesday, as investors poo-pooed tech giant Apple's annual product release event, and reacted to the release of a weaker-than-expected reading on the producer price index for August.