It's been a busy week for consumer stocks with Marks & Spencer's results the most high profile announcement, and once again the market has fixated on like-for-like sales, almost to the exclusion of all else.
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OTHER NEWS & REPORTS
Mortgage repayments soar to £8.1bn
Britain's home owners paid off records amounts from their mortgages in the first three months of 2009 as they rushed to take advantage of lower interest rates. Yesterday
FTSE 100 movers: British Airways boosted by cost target
British Airways tops the gainers despite revealing that it carried 3.8% fewer passengers in June. It added it will cut spending by 20% to deal with the challenging market conditions. Yesterday
London close: Stocks tread water
A late swoon saw Footsie relinquish virtually all of its gains, with losses on resource stocks counter-balancing gains made by banks. Yesterday
Bonds round-up: Quiet day for bonds
With the US closed today to celebrate Independence Day it has been a quiet end to the week for government bonds. Yesterday
Friends Provident's F&C demerger goes through
Shares in life assurance company Friends Provident were adjusted downward on Friday as the demerger of the company's 52% stake in F & C Asset Management went through. Yesterday
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