FTSE 100 Rallies on Surprise GDP Beat as Corporate Britain Faces New Headwinds

0.4% — UK GDP growth in July, smashing City expectations for a flat month and sending the FTSE 100 rallying despite oil price turbulence and geopolitical jitters.

Money Moves

• HSBC CFO Pam Kaur to retire — Shares in Britain's most valuable company slipped 1.4%, wiping £3.7bn from its market value as the bank hunts for its next finance chief
• Trainline posts flat ticket sales — FTSE 250 firm blames fare freeze and TfL strikes for stalling...