BUSINSS LIVE: Ted Baker set for £211m takeover; BHP Group profits jump

BUSINSS CLOSE: Juicy Couture owner to purchase Ted Baker for £211m; BHP Group profits jump; Unemployment holds at 3.8% as real wages fall

By Live Commentary

Published: 02:37 EDT, 16 August 2022 | Updated: 12:02 EDT, 16 August 2022

The FTSE 100 has closed up 0.4 per cent, or 26.9 points, to 7,536.1, while the FTSE 250 has ended the day down 0.2 per cent, or 46.35 points, to twenty,336.41. Amongst UK firms with reports and updates are Ted Baker, BHP Group, GSK, Harland & Wolff Group and Watches of Switzerland Group. Read the Tuesday 16 August Business Live blog below.

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