FTSE 100 Live 13 June: Index seen lower, Wise and Fuller's post results
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Sir David McMurtry is stepping down as the chairman of Renishaw, ending one of the longest runs at the helm of a major UK company. Virgin Money made profits for the half-year of £372 million before losses on bad debts of £93 million. Wise saw its profits triple to more than £350 million as the London fintech was boosted by higher interest rates. The Federal Reserve's signaling of just one US interest rate cut this year is set to weigh on the London market after yesterday's strong session. The UK's FTSE 100 climbed 67.67 points, or 0.83%, to 8,215.48 on Wednesday.

#Ftse100 #Renishaw #VirginMoney #Wise #FederalReserve

https://www.standard.co.uk/business/ftse-100-live-13-june-virgin-money-wise-fullers-results-b1164037.html