- JD Sports defies gloomy trading on the high street to see annual profits surge
- The AA has said it is fighting a £225 million legal claim from its former boss
- Pound on the rise again as expectations of rate rise firm up and dollar slips
The pound has enjoyed a good start of the week thanks to expectations of an interest rate rise next month and relative weakening of the dollar due to concerns over a the trade dispute with China. It crosses $1.43 yesterday and has its sights set on $1.44 this session. In company news, Primark owner ABF has become the latest retailer to bemoan the ‘Beast from the East’ cold snap seen earlier this year.