FTSE 100 Live: THG results, Arm IPO, shares seen higher
FINANCIAL advice group Brooks Macdonald saw funds under management rise by more than £1 billion to £16.8 billion this year and chief executive Andrew Shepherd says more and more people will rely on his services. While there are “short-term macroeconomic headwinds” the longer-term future looks bright, says the group. The John Lewis Partnership fell to another big loss of £59 million for the half-year as Dame Sharon White admitted her “transformation” plan will take two years longer to execute than previously claimed.