Business

WPP’S hard sell fell on deaf ears as more than £2billion was wiped from the advertising giant’s value after it slashed its growth forecast for the second time this year. Daily Express :: City and Business Feed

BHP Billiton is to offload its US shale oil operations after shareholder pressure. Daily Express :: City and Business Feed

SHARES in doorstep lender Provident Financial plunged by 66 per cent yesterday after a second profit warning in three months. Daily Express :: City and Business Feed

PERSIMMON’S shares hit a 2601p high, up 45p, as it beat profit forecasts. Half-year pre-tax profits at the blue-chip builder grew by 30 per cent to £457.4 million on 12 per cent higher revenue of £1.66 billion. Daily Express :: City and Business Feed

PROVIDENT Financial shares have gone into free fall leaving hundreds and thousands facing financial hardship. Daily Express :: City and Business Feed

ONLINE gambling group GVC has failed with a £3.6 billion takeover punt on bookmaker Ladbrokes Coral. Daily Express :: City and Business Feed

A NEW survey revealing business leaders remain concerned over the economic impact of Brexit and political uncertainty is holding the pound below opening levels against the US dollar this morning. Daily Express :: City and Business Feed

ELECTRICITY distribution companies may have combined revenue of £13.9 million switched off unless they improve customer service, it was announced yesterday. Daily Express :: City and Business Feed

UK PUBLIC sector spending figures have beaten forecasts for July, but the pound is inching lower against the euro as markets remain concerned by the fact borrowing continues to outpace the previous financial year. Daily Express :: City and Business Feed

FRENCH energy giant Total is acquiring the oil business of Danish group A.P. Moller-Maersk in a $ 7.45 billion deal including debt. Daily Express :: City and Business Feed