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BUSINESS CLOSE: Frasers defies retail gloom; BAT eyes 4% sales growth

BUSINESS CLOSE: Frasers profits defy retail slowdown; British American Tobacco eyes revenue growth of up to 4%; On The Beach boss to step down

The FTSE 100 closed down 0.23 per cent or 17.02 points to 7,472.17 this afternoon. Among the companies with reports and trading updates today are Frasers, British American Tobacco, On the Beach, In The Style Group, Balfour Beatty DS Smith, Tullow Oil and Vertu Motors. Read the Thursday 8 December Business Live blog below.

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