FTSE finishes down 0.7% after corporate disappointments and weak US open

The FTSE 100 finished the week and the month of July on the back foot, although off its lows of the day, trading down 0.65% at 7,032.30 by the close. This followed a negative reaction to some high profile corporate updates and a weaker start on Wall Street where the S&P 500 was down 0.5% at 4,397.53. NatWest Group has reported operating profits before tax of £2.5 billion, compared to an operating loss before tax of £770 million during the same period last year, in its half year results for 2020. NatWest fell 2.7% to 199.4p. Defence company Babcock unveiled... Read More

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