FTSE flat raises pounds in anticipation of Brexit – live update

YesOdd in the morning. The FTSE 100 will remain open despite the UK pushing for Pfizer vaccine approval this week, the report said.

It’s also a big day for the high street as the Arcadia Group’s 13,000 employees across 550 stores await news of the fate of the business.

5 things to start your day

1) Concerns could be ‘Caroline Retail’ by putting Arcadia suppliers on the hook for 250 250 million: On top of that, MPs have called on Sir Philip Green to use his fortune to keep pension funds at the top, with a deficit of as much as 350m.

2) Rescue experts land on EasyJet to tackle: Budget Airlines is struggling with a debt of more than £ 1.4 billion and has called on Alex Partners to help predict cash flow.

3) Former Little Chef owner spreads to pubs: Sister-out fund RC Capital is believed to be among the claimants to auction 42 places following the acquisition of Stigate’s E-Group Buy

4) Weight Surveillance Reduces Coach Running Plans: The Brand Hurt

5) Nuclear looks to hydrogen to secure its future: Global demand for hydrogen is predicted to increase further in the coming decades – and nuclear plants could play a role in its creation.

What happened overnight

World stocks took a break to set a record-boosting month on Monday amid concerns about the prospect of a vaccinated economic recovery next year and immediate concerns from central banks about a more free coronavirus epidemic.

The sentiment was that China had shown signs of shifting factory activity in November, and the country’s central bank was surprised by the help of cheap loans. This leaves the blue chips 1.3pc per day and 7.4pc for the month.

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The MSCI measure of global stocks rose 13 percent for November, while the S&P 500 rose 11 pcs to an all-time high.

As of early Monday, the broader MSCI index of Asia-Pacific shares outside of Japan rose nearly 11 percent for the month, the best performance since late 2014.

Japan’s Nikkei 225 fell 0.4pc, but was up 15.4pc this month for its biggest rise since 1994.

Coming today

Interim results: Civitas Social Housing, Discovery, Drager Esprit, Victoria

Economy: Mortgage approval and nding, customer credit (UK); Unemployment (Japan); Indicators of Public Procurement Directors (China); Inflation (Germany, Italy, Spain); Pending Home Sale (US)

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About the Author: Forrest Morton

Organizer. Zombie aficionado. Wannabe reader. Passionate writer. Twitter lover. Music scholar. Web expert.

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