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Evening Standard
Evening Standard
Business
Daniel O'Boyle,Graeme Evans and Michael Hunter

FTSE 100 Live 21 February: UK in record budget surplus, HSBC disappoints despite $30bn profits

HSBC, BAE Systems and Rio Tinto are among the heavyweight London-listed stocks in the spotlight today.

The Asia-focused lender reported a $30 billion profits haul alongside its highest dividend since the financial crisis, while BAE also revealed another strong year.

Meanwhile, a record budget surplus for January has given City economists a steer on how much headroom Jeremy Hunt has for tax cuts at next month’s Budget.

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