Inchcape plc

Inchcape plc

FTSE 100 Live:

Blue-chip stocks are expected to recede from all-time highs, with the blue-chip index currently 31 points lower at 7,964. Inchcape plc has made the decision to exit its UK retail operations, a move that is likely to have an impact on the market. Additionally, gold prices are falling from their all-time highs.

Mitie Launches £50mln Buyback Programme:

At 9:52am, Mitie announced the launch of a £50 million buyback programme. This news is likely to attract attention from investors and could have an impact on the company's stock performance. Keep an eye on the FTSE 250-listed companies for further developments.