FTSE LIVE: Financial system bounces again within the third quarter to keep away from a recession; Greggs earnings on the rise; Simply Eat bidder ramps up stress
- GDP elevated by 0.3% in third quarter, however annual progress is slowest in a decade
- Greggs shares shoot up as gross sales rise and baker raises full-year revenue forecasts
- Sirius Minerals jumps because it declares revised growth plan; seeks $600m
Excessive avenue bakery chain Greggs continues to be on a roll after it revealed earnings are anticipated to be bigger than beforehand forecast because it continues to shift snacks at a speedy fee.
The Simply Eat takeover saga is coming to a head after South African bidder Prosus instructed shareholders to just accept the £4.9billion provide by 11 December and indicated it might not be keen on shopping for the corporate if it merges with Takeaway.com.
The pound is edging larger on information the UK economic system returned to progress final quarter, avoiding a recession.
