BUSINESS LIVE: Oil prices up on conflict fears; JD Sports sales record; AO World eyes Music Magpie takeover

The FTSE 100 will open at 8am. Among the companies with reports and trading updates today are JD Sports, AO World, Music Magpie and Shepherd Neame. Read the Wednesday 2 October Business Live blog below.

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MARKET REPORT: Oil price soars as fighting intensifies in Middle East

Brent crude prices have spiked 4.8 per cent in the last 24 hours to $74.61 as investors fear further escalation of the conflict in the Middle East could restrict oil supply from the region.



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