Feb 20, 2017

Unilever fall leaves FTSE 100 struggling

House builder Bovis fell more than 7% after it said annual profits were hit by setting aside £7m to compensate customers who had complained about poor workmanship, and to improve customer service. Royal Bank of Scotland rose more than 5% after saying on Friday that it may no longer seek to sell its Williams and Glyn subsidiary. RBS is expected to report a ninth consecutive annual loss on Friday, although Ross McEwan, chief executive, said the bank would return to the black next year. Rolls Royce rose more than 4% after Goldman Sachs uprated the stock from neutral to buy. Shopping centre owner Hammerson enjoyed a 2% rise in its shares despite reporting a 56% fall in annual profits.

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