City Of London
Primark Owner Bumps Returns as Homebuilder Lags: The London Rush
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Chancellor Jeremy Hunt might seek to raise more money from inheritance tax when he announces his spending plans next week. The City, meanwhile, has its own wishlist for the announcement. On the high street, retail sales growth is slowing as more consumers are forced to focus on essentials. While Primark’s owner echoed concerns about inflation, the company also had a surprise for shareholders, putting payouts in the spotlight this morning.
Here’s the key business news from London-listed companies this morning: