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Wednesday preview: Retail display as Marks, Dixons, Kingfisher all report
Wednesday will see three big UK retail groups reports results: Marks & Spencer, Dixons Carphone and B&Q owner Kingfisher; while the focus Stateside will be on GDP and meeting minutes from the Federal Reserve.
Strong US services growth balances softer industrials, PMI surveys show
US services activity grew faster than expected in May, though manufacturing output slowed on the previous month, according to a purchasing managers' index survey published on Tuesday.
UK deficit set to provide 'significant drag' on GDP growth
UK public sector borrowing in April was much higher than expected, according to initial forecast data, though borrowing for the last fiscal year was revised down.
Entertainment One profits fall as film and TV slates 'evolve'
Entertainment One reported strong profit growth for the year to March and reiterated its confidence in doubling the size of the business in the five years to 2020.
Shaftesbury shares spoils from London's booming West End
As London's West End continued to attract shoppers and tourists in droves, landlord Shaftesbury hiked its half-year dividend 10. 5% as its portfolio grew in value and profits surged.
Tuesday newspaper round-up: Bomb attack, Merkel on euro, energy lobbying
At least 22 people have been killed and 59 injured in what is being investigated as a suspected suicide bombing of a crowded pop concert in Manchester, the most deadly attack in Britain in a decade. - Guardian .
Severn Trent turns up dividend tap after finding new efficiencies
Water supplier Severn Trent declared another chunky dividend and said it planned an enhanced payout for the next three years after spying further efficiencies in the business.