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FTSE falls as investors await Brexit news

Amid a lack of news from a key cabinet meeting on the draft Brexit deal, the FTSE 100 was in the doldrums, trading 0.3% lower at 7,033.

SSE books first-half loss; to create new renewable energy company

Power utility SSE, while reporting a first-half loss, said it planned to create a new separate company holding its renewable energy assets.

Workspace Group lifts dividend 20% as rental income boosts underlying profit

Flexible office provider Workspace Group booked an 18% fall in first-half profit, as higher rental income was offset by a lower property valuations gains and reduced profits from asset sales.

Intu suitors given more time to table formal takeover bid

Retail property developer Intu Properties said Wednesday the date by which a consortium backed by Peel Group, the Olayan Group and Brookfield Property Group were required to make a firm offer for the company had been pushed back by a week.

Smiths to jettison medical division as revenue slips

Engineering company Smiths Group said it planed to separate its underperforming medical division from the rest of the company so it could concentrate on its industrial technology assets.

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