The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The FTSE 100 index fell by 39 points to 10,477, despite official data showing a 0.8% growth in UK GDP over a three-month period. The market saw a surge in M&A activity, with takeover bids agreed upon for Rotork, Gooch & Housego, and Ramsdens, while Railpen increased its proposal for IP Group PLC. Additionally, Frasers Group is exploring appointing its CEO Michael Murray to lead Hugo Boss as it pursues a takeover of the German fashion house.