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FTSE 100 Rises on Day of Earnings Results - Market Report

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Summary: FTSE 100 rises on a day of earnings announcements , driven by Cendrica 's exceptional performance with a tenfold increase in net cash and 55% jump in adjusted profit . Shell 's $5.5 billion buyback scheme and dividend hike fail to impress investors , leading to a decline in shares. Barclays faces challenges as increasing quarterly pre-tax profits are overshadowed by mounting bad debt provisions . Drax Group 's positive half-year pre-tax earnings do not prevent a slip in shares. BT opens higher on the back of quarterly revenue rise , while Ocado 's shares are impacted by the upcoming retirement of th...

Hamburg shooting: Gunman killed six people and unborn baby

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Hamburg shooting: Gunman killed six people and unborn baby In Hamburg, they're bringing out the dead. People shot where they worshipped. Victims of a man in the shadows, this figure by a window. The hail of bullets shows he had no mercy. An unborn baby, among those gunned down inside a Jehovah's Witness centre. I'm a resident up here and I heard loud gunshots. So I went to the window to get an idea of the situation. Then I saw that a man was shooting out of the window with a firearm. There were people being carried out and there were probably 25 shots at least that I heard. Shots were reported here around 9pm. Police arrived in a matter of minutes, interrupting an horrific attack. Seven dead, including the seven month old unborn child whose mother survived. Shell shock neighbours say officers searched for accomplices before confirming the lone gunman had shot himself. We...

Ofgem energy price cap falls - but average household bills still expected to rise

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Ofgem energy price cap falls - but average household bills still expected to rise The energy watchdog has reduced the energy price cap to £3,280 effective from 1 April. It's currently £4,270. Despite this, bills are still expected to rise by 20% because the Government's energy price guarantee, which caps House or bills at £2,500 annually, will rise to £3,000. The Chancellor, Jeremy Hunt, is facing calls from opposition parties to keep the support at the current level in his spring budget next month. Let's get more on that, should we? And Goprit is here with us. So the ceiling's come down, but our bills are still going to go up. Yeah, it's a bit complicated. But when you add up all the numbers, actually the result is that households and businesses are worse off as a result of it. So this should be good news. Of jam set, something called the energy price cap. It li...