BUSINESS LIVE: B&M enjoys strong Christmas; Hays issues profit warning; GSK to acquire Aiolos Bio

Among the companies with reports and trading updates today are B&M, Hays, GSK, Games Workshop, Oxford Nanopore Technologies and Unite Group.

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Boost for BAE as Germans give green light to Saudi Typhoon jet sales

Germany has dropped its opposition to the sale of Eurofighter Typhoon jets to Saudi Arabia, which could unlock a lucrative deal for BAE Systems.

The defence giant signed a memorandum of understanding to sell the kingdom 48 of the aircraft – a cornerstone of UK defence exports which supports thousands of jobs – back in 2018 for a reported £5billion.

The FTSE 100 Index opened at 7694.19

The pound at 8am was $1.2748 compared to $1.2763 at the previous close.



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