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Evening Standard
Evening Standard
Business
City Staff

FTSE 100 Live: FTSE closes up 1%; Ping An finds few friends on HSBC split vote; strong US jobs again

The FTSE 100 index has recovered some lost ground after losing more than 1% for the second time in three days yesterday.

British Airways owner IAG raised its guidance after strong results, while InterContinental Hotels Group said revenue so far this year had exceeded 2019 levels, though it also announced that its CEO will step down.

Elsewhere, there will be eyes on HSBC’s AGM in Birmingham, as a group of rebel shareholders have tabled a resolution that would require it to plan for a potential split from its huge Asian arm.

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