UK house asking prices in largest November fall since 2018; Opec insists oil market still strong – as it happened
Rolling overage of the latest economic and financial news, as Rightmove reports prices falling at the fastest rate in five years, for the time of year
The rising geopolitical tensions gripping the world continue to be good business for BAE Systems.
The UK weapons manufacturer has tol shareholders that it has booked 30bn of sales so far in 2023.
Trading has been in line with the upgraded guidance we issued at the time of our 2023 half-year results. We are delivering another year of good sales and earnings growth, together with strong cash flow generation.
Order flow on new and existing programmes, renewals on incumbent positions and progress with our opportunity pipeline remains strong. These underpin our confidence and visibility for good top line growth in the coming years, and we continue to reinforce our value compounding model with a sharp focus on operational performance and disciplined capital allocation."
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