High street sales shine in hot weather – BDO

High street sales at small and medium sized retailers enjoyed their best June for six years, with the warm weather helping clothing and fashion to strut its stuff for the first time this year. 

Broker tips: Barclays, Norcros

Macquarie stayed at 'underperform' on shares of Barclays ahead of the lender's second quarter numbers due on 28 July, telling clients that management's front-loading of expenses – particularly those related to ring-fencing its UK bank – was set to combine with softer revenues at its investment banking arm during the second quarter, weighing on its return on capital. 

Britain's finance industry faces status loss over Brexit

Britain's most powerful financial lobby group warned the UK may lose its status as Europe's top financial centre if it fails to keep its borders open to specialist staff, improve infrastructure and expands links with emerging economies.