FTSE LIVE: Jet2 owner warns of Brexit hit; Homebase narrows losses under new ownership; UK stocks slip after hitting 6-month high
- Jet2 owner Dart said its current fiscal year could be hit by Brexit uncertainty
- Losses at Homebase narrowed by nearly £140m in the second half of 2018
- FTSE 100 opened in the red, down 0.18 per cent at 7,456.79
The group behind Jet2, Dart, said that while profits in its last full year will be higher than expected, its current-year performance could be negatively impacted by economic uncertainty in the UK, particularly around Brexit.
Homebase is fixing its act up and, as its turnaround plan starts to bear fruit, the DIY chain stemmed its losses by £140million in the second half of last year.
After hitting a 6-month high on Tuesday, the FTSE 100 opened in the red today, dropping a few points to 7,456.