Donald Trump tariff threat hangs over global stock markets – business live

Rolling coverage of markets, economics and business news as shares in Asia fall

9.46am GMT

The top riser anywhere on the FTSE 350 is Mitchells and Butlers, the restaurant owners bucking the struggles of many other consumer-facing companies (cf. Kingfisher today).

These strong results reflect the work we have done over the last few years, first to build sustained sales growth and then to convert that into profit growth. It has been extremely encouraging to see an improvement in like-for-like sales growth across the portfolio during the year, fuelled by our Ignite programme of work.

This puts us in a stronger position as we move forward into the next financial year, in what we expect to remain challenging market conditions.

9.19am GMT

An hour into trading, and blue-chip shares in London are down by 0.9%, accelerating losses from initial exchanges.

The mid-cap FTSE 250 has lost 0.6%.

Continue reading…Rolling coverage of markets, economics and business news as shares in Asia fall 9.46am GMTThe top riser anywhere on the FTSE 350 is Mitchells and Butlers, the restaurant owners bucking the struggles of many other consumer-facing companies (cf. Kingfisher today).These strong results reflect the work we have done over the last few years, first to build sustained sales growth and then to convert that into profit growth. It has been extremely encouraging to see an improvement in like-for-like sales growth across the portfolio during the year, fuelled by our Ignite programme of work.This puts us in a stronger position as we move forward into the next financial year, in what we expect to remain challenging market conditions. 9.19am GMTAn hour into trading, and blue-chip shares in London are down by 0.9%, accelerating losses from initial exchanges.The mid-cap FTSE 250 has lost 0.6%. Continue reading…