Straits Times Index
3,378.29 -15.92 (-0.47%) S&P 500
4,044.96 -25.60 (-0.63%) Dow
33,914.55 -63.53 (-0.19%) Nasdaq
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FTSE 100 (^FTSE)
| Previous close | 7,765.15 |
| Open | 7,765.15 |
| Volume |
| Day's range | 7,718.33 - 7,774.87 |
| 52-week range | 6,707.60 - 7,875.60 |
| Avg. volume | 739,800,330 |
- Financial Times
European stocks and US futures dip ahead of interest rate decisions
Fed expected to raise rates by 0.25 percentage points and the BoE and ECB by half a percentage point this week
- Financial Times
Lobby group calls for slimming down of UK’s ‘door-stopper’ annual reports
The average annual report for a UK-listed company has more words than George Orwell’s 1984 or Jane Austen’s Persuasion, according to research by a lobby group for smaller FTSE companies that calls for an “overhaul” of corporate reporting. Annual reports have expanded in size by 46 per cent in five years to 95,000 words, or 173 pages, said the Quoted Companies Alliance, as boards have adopted new reporting requirements on topics such as pay and governance. The alliance said that every year, reports grew by 5,800 words or almost eight pages, adding that the “excessive complexity” of reporting requirements was “weighing down the UK’s shrinking community of publicly quoted companies”.
