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LSE Volume: 10,379 M
Avg Vol: 4,632 M +124%
Unchanged 588

FTSE 250 hit as UK economy contracts

The internationally focused FTSE 100 was up but the more domestic FTSE 250 was down 0.2% to 17,006 as purchasing managers' index data from Markit showed the UK economy contracted at its steepest pace since early 2009.

Vodafone's Q1 group revenue falls 4.5%

Vodafone said its Q1 group revenue fell 4.5% to 13.38bn, from 14.0bn, with that from Europe and AMPA (Africa, Middle East & Asia Pacific) falling 3.2% and 6.2% respectively.

Press Roundup

A brief summary of Friday's main business headlines... Plenty of coverage on the European Central Bank, HSBC's allegedly rogue forex traders, William Hill, Sainsbury, Amazon and Mike Ashley and Sports Direct ...

Accrol's revenue

Accrol (ACRL) said revenue increased by 17% to 118m (2015: 101m) in the financial year to 30 April 2016.

Sprue's sales fall

Sprue Aegis expects sales for H1 2016 to be about 25.9m, from 56.5m, and to report an operating loss of 0.9m, from an operating profit of 9.0m.