MARKETS CLOSE: HSBC earnings help nudge FTSE 100 higher; Rolls-Royce shares drop ahead of results



London shares moved higher in another results packed week, which sees a trio of updates from the UK's top banks - HSBC, Royal Bank of Scotland and Standard Chartered.
HSBC has reported a rise in half-year profit as the bank hailed a strong performance across its main divisions. The banking giant said pre-tax profit rose 5 per cent to $10.2billion in the first six months of the year, ahead of expectations. 
The pound is also set for a big week ahead of the  Bank of England's latest policy meeting on Thursday. It has been a year since the Bank cut rates to a record low of 0.25 per cent. ... read more

 
31 July 2017 in Business, Views: 62
Source: Daily Mail
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