The FTSE100 edged lower with traders looking to Bank of England's credit conditions survey later this morning, along with German and French consumer inflation data,” says AJ Bell Investment Director Russ Mould.
Leisure travel and distribution and logistics group Dart’s shares fell as Brexit uncertainty cast a cloud over its long-term outlook. The group’s revenues for the year to the end of March were up 23% at £1,729.3m and both its businesses are on track. But there are longer terms concerns over Brexit talks and the effect these could have, both on its freedom to fly and on its customers' ability to travel to its leisure destinations. C=Dart’s shares were down by more than 5.4% in early trading.
Go-Ahead Group’s shares edged up after it agreed to spend £13.4m on a package of performance and passenger improvements on its GTR service. The package was agreed after talks with the Department for Transport and the cost is in line with forecasts in the company’s half-year results.
“Online fashion group ASOS has maintained its strong sales momentum and expects full-year profits to be in line with forecasts. Its good performance has been underpinned by advances across all areas of its business including retail, technology, warehousing, delivery solutions and customer care. The group made a smooth transition to its new Eurohub 2 facility in Germany and expects to confirm a new US logistics hub soon.
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