FTSE 100 given a shot by Diageo; Downing a few drinks; taking the P
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Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news
1. FTSE 100 given a shot by Johnnie Walker owner Diageo
The FTSE 100 closed around 84 points, or 1.13% higher at 7,554.31 on Thursday, with traders raising a glass to Diageo as pubs and bars restock
2. Plan B for a booze-up; they’ll be Downing (Street) a few drinks in Whitehall for sure
Plan B restrictions were officially lifted today so wine, dine, dance and be merry.
3. IPO – I’m peed off (and so you should be if you backed these initial public offerings)
2021 was a record year for initial public offerings in the US but sometimes there is a reason why company founders make a grab for the money and run
4. The Fed when it’s not so reserved
The US central bank has signalled its intention to start hiking interest rates again. What does that mean for my holiday in Florida … er … global stock markets?
5. We’re all going on a summer holiday
But we won’t be going by London bus.
Wait! There’s more. There’s an earnings preview of iPhone maker Apple Inc (NASDAQ:AAPL) (spoiler alert: they are still making lots of money) while Amazon.com Inc (NASDAQ:AMZN) has closed down a scheme that paid employees to say positive things on social media about working in the e-commerce giant’s warehouses (“The toilets were amazing the one time I was allowed to use them,” – Ian Continent)
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