Explained in plain English
Who are Balfour Beatty?
Balfour Beatty is a major British construction company. When a company like this raises its profit outlook, it suggests they expect to earn more money than previously thought. This positive news can boost investor confidence in that company and sometimes in the wider market, as seen with the FTSE 250 today.
Stories that explain this
London's blue-chip FTSE 100 index barely moves ahead of American inflation figuresThis explainer came from a news story
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