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The FTSE 100 is up 1.6 per cent in early afternoon trading. Among UK companies with reports and updates are Ultra Electronics, RPS Group, Ferguson and Lamprell. Read the the Friday 24 June Business Live blog below.
Britons heading abroad once again endured huge queues at UK airports this morning - with the situation only set to get worse during the summer holidays after British Airways staff based at London Heathrow voted to strike.
More than 700 Heathrow check-in and ground-handling staff voted for industrial action yesterday in a row over pay. The GMB and Unite unions are expected to set strike dates for around July 22, when the school break begins.
Plumbing and heating products supplier Ferguson has begun the latest tranche of a $2billion share buyback programme.
The US-focused business, formerly known as Wolseley, said it had entered into an agreement with brokers from JP Morgan to acquire up to £375million of its shares from now until no later than 10 October.
New data on public opinions and social trends in Great Britain (8 to 19 June 2022) shows over 4 in 10 adults (43%) said they were buying less food when food shopping in the past two weeks.— Office for National Statistics (ONS) (@ONS) June 24, 2022
This has increased, having been around 1 in 10 (8%) in Sep 2021 https://t.co/sY3f9XNWt1 pic.twitter.com/KuS9fmuTwY
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