Business news live: FTSE 100 reaction as HSBC and GSK announce latest profits and Microsoft shares jump

Yesterday saw shares in Barclays rise almost 2.5 per cent and AstraZeneca almost 3.5 per cent after reporting strong profits for the half-year so far.

Greggs, however, fell more than five per cent after confirming a disappointing period – and confirming they’d open more stores this year.

Today it’s the turn of more high-profile names to present their latest reports and we’ll get you a rundown from each in the next hour or two.

Mining firm Rio Tinto, Asia-focused bank HSBC, pharma firm GSK and renewable energy firm UK Greencoat Wind are all on the agenda.

Here are the earlier headlines for you from yesterday to catch up on:

Good morning and welcome to our live blog coverage of all the UK’s business and companies news, where we’ll also bring you stock market movements and everything else regarding your money.

Today we start with more high-profile FTSE 100 firms reporting their latest earnings, following US behemoths Microsoft and Meta doing the same last night.