The FTSE 100 eased a few points lower in early trades as investors took stock of the wave of proposals announced by Donald Trump since becoming President.
US markets headed higher again overnight but, in London, the blue-chip index was down two points at 8,542 although still within touching distance of its all-time high.
Primark owner AB Foods was an early faller as it reduced guidance for sales in the fashion chain to ‘low’ from ‘mid’- single digits for the year to September 2025, though the share price drop was slight.
Hut Group owner THG has completed the demerger of its ngenuity e-commerce logistics business, which it says leaves the rest of the group as “a global, cash generative, health & wellness consumer brands group”. A post-Christmas trading update revealed a 7.1% revenue decline in the fourth quarter.
Finally, Klarna, the Swedish buy-now-pay-later leader, is moving closer to a US …