OPEC members approved a tiny increase in oil output today in a move some saw as a snub to US President Joe Biden.
Housebuilder Taylor Wimpey today upgraded profits guidance amid signs of continued resilience in the UK property market.
The FTSE 100-listed company reported a 16% rise in interim profits to £334.5 million and said it expects a full-year performance around the top end of current City forecasts.
Chief executive Jennie Daly said housing market fundamentals remain positive: “Demand for our homes remains strong.”