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Evening Standard
Evening Standard
Business
City Staff

FTSE 100 Live: Share rally fades, City IPO warning, strong pound hits Burberry bottom line

Burberry All3Media Luxury

Burberry has revealed a strong start to its financial year as the luxury goods group sees a surge in demand from Chinese consumers.

Other corporate developments include broadcaster ITV’s decision to drop plans to buy Gogglebox maker All3Media.

Wall Street’s results season also gets underway, with JP Morgan and Citigroup among those reporting second quarter figures.

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