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Phoenix sets $1.8 bln new business cash generation target
Tue, 6th Dec 2022 07:13Thomson Reuters
LONDON, Dec 6 (Reuters) - British life insurer Phoenix set an incremental new business long-term cash generation target of around 1.5 billion pounds ($1.83 billion) by 2025 on Tuesday, following strong performance for 2022.

Phoenix said in a statement ahead of an investor day that it remained on track to deliver 2022 cash generation at the top end of its target range of 1.3-1.4 billion pounds.

It expects to deliver around 1.2 billion of incremental new business long-term cash generation in 2022 through organic growth.

OTB is having a good run up to the results this week.

JUP so far proving the expert wrong ,nice

Currys drops Royal Mail due to strike action
Published
16 hours ago

Bookings for the 2023 summer holiday season are running a quarter ahead of their level from before the pandemic. That is according to Julia Lo BueSaid, boss of Advantage Travel. Demand is especially strong for all-inclusive packages for which bookings are up by 30%, according to On The Beach chief customer officer Zoe Harris. By destinations, Turkey was increasingly popular and would likely overtake Spain as the top choice. - Financial Mail on Sunday

excellent dividend and good results and more to come here

yes , more than 20% in four weeks , nice

FTSE 100: called down just 3.69 points at 7,554.80

Britain's John Lewis agrees $611 mln home building joint venture with abrdn
Fri, 2nd Dec 2022 07:16Thomson Reuters
LONDON, Dec 2 (Reuters) - British retailer the John Lewis Partnership said on Friday it has agreed a 500 million pounds ($611 million) multi-decade joint venture with investment company abrdn to build residential rental homes.

John Lewis said the joint venture would help it reach 10% of its ambition to build 10,000 new homes over the next decade. ($1 = 0.8178 pounds) (Reporting by James Davey; editing by Sarah Young)

Friday 2 December

Premier Miton Group PLC Full Year Results

Plan to focus first on metals & mining, renewables sectors

DOCS is heading the right way so far ,up 20p in two days ,nice

Petrofac have been relegated from the FTSE 250 index.

motoring now ,nice

results are next week on 08/12/2022

Index changes also matter from an ETF and index fund flow point of view: FTSE 100, 250 and All Share trackers have to adjust to changes whenever they’re made.

Asset managers also have to buy and sell stocks to make sure they match the benchmark. And as the FTSE 100 is generally more liquid than other indices, inclusion in an index tends to boost flows into a particular stock. As more money moves into passive funds, index changes become more significant over time.

Greater liquidity means that buy and sell prices tend to be closer together (the bid-offer spread), meaning that it’s easier for investors big and small to enter and exit positions.

By Peter Nurse

Investing.com - The U.S. dollar slumped in early European trade Thursday after Federal Reserve chair Jerome Powell pointed to smaller rate hikes ahead, boosting risk appetite to the detriment of this safe haven.

back in at 197p again

waited for a long time to trade Man group again and i am up 1penny so far , lol

The FTSE 100 was called to open 40 points higher at 7,613.