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MORNING NEWS: Scrambles and sunny-side up

In the news this morning, intu’s planned trading update gets the once over after it was brought forward a week.

The general consensus was that the bullish update set out to defend intu’s portfolio of shopping centres and reassure the market as it scrambles to save its planned £3.4bn tie-up with Hammerson.

Elsewhere, a rare sunny day dawned on the high street with both Primark and JD Sports reporting positive results.

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M&S to close warehouse site putting 450 jobs in jeopardy

Record level of over-55s use equity release to cash in on their homes

 

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