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UK business optimism hits five-year high, so why has London slipped?


UK business optimism hits five-year high, so why has London slipped?
Life is slowly returning to the city centre of London, however business optimism in the capital dipped in May after a buzz of excitement of reopening in April (Photo by Hollie Adams/Getty Images)
Economic optimsim across the UK has reached its highest level in five years, but for some London businesses the buzz of reopening has died down.
Optimism nationally regarding the economy climbed five points to 37 per cent, in the Lloyds Bank Business Barometer, the highest since 2016, while firms’ trading prospects rose three percentage points to 28 per cent. ....

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FTSE 100 rises as business confidence in UK economy reaches 5-year peak | 28 May 2021


28 May 2021 | 09:01am
StockMarketWire.com - The FTSE 100 was up this morning as the Lloyds Bank Business Barometer revealed optimism about the economy is at its highest level since before the 2016 Brexit referendum.
Pharma giant AstraZeneca said Tagrisso had been approved in the European Union to treat patients with early-stage epidermal growth factor receptor-mutated non-small cell lung cancer. The approval by the European Commission was based on positive results from the ADAURA phase 3 trial.
AstraZeneca s share price rose by 1.09% to £80.12.
Care-based housing and healthcare REIT Civitas Social Housing said it had completed the acquisition of 10 supported living properties across Hertfordshire, Essex, Suffolk and Wales for £8.6 million. ....

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Futures Jump, Meme Stocks Soar Ahead Of Key Inflation Print


by Tyler Durden
Friday, May 28, 2021 - 07:56 AM
S&P futures rose on Friday after solid economic data and Joe Biden’s leaked $6 trillion federal budget plans spurred a Wall Street rally in cyclical shares ahead of a closely watched inflation report offsetting recent worries about a spike in prices put the S&P 500 on course for its smallest monthly gain since February. At 7:15 a.m. ET, Dow e-minis were up 177 points, or 0.5%, S&P 500 e-minis were up 16 points, or 0.38%, and Nasdaq 100 e-minis were up 48 points, or 0.35%. Treasuries were steady and the dollar strengthened. Markets will be shut on Monday for Memorial Day holiday ....

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