Economy

Business news live: FTSE 100 latest as Diageo report profits and UK strikes £19m pork deal with Mexico

Stock markets rose on Monday – Diageo tops FTSE 100 firms reporting today

After steep falls on Friday, stock markets around Europe rose once more yesterday.

The FTSE 100 climbed around 0.4 per cent, led by Lloyds rising having learned they’d need to pay out a lower maximum amount than expected over the car finance mis-selling scandal.

Today the earnings season continues with spirits and beer maker Diageo, which owns Guinness, Smirnoff and other brands, reporting their latest profits.

Diageo shares are down around 29 per cent in 2025 so far and saw the unexpected exit of their CEO last month.

Karl Matchett5 August 2025 07:07

Business news latest – Tuesday 5 August

Good morning and welcome to our daily business news live blog.

Today as usual we’ll bring you the latest from company news, stock market updates and everything surrounding your money.

More to come on the car finance scandal compensation too no doubt.

Karl Matchett5 August 2025 06:58

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