BP led the way on the markets, following other major energy companies in posting bumper results

FTSE 100 remained relatively flat in early trading, up 6 points to 7,420. Unsurprisingly, BP led the way as it followed other oil & gas and energy companies in posting bumper results.

It said its profits more than tripled in the second quarter amidst peak oil and gas prices. Dividends grew 10% with the company set to launch a multi-billion pound share buy-back.

British Airways halted sales of tickets on all short-haul flights from Heathrow airport until 8 August as disruption continues. This was due to the daily passenger numbers cap.

JD Sports confirmed the appointment of former B&Q executive Régis Schultz as its new chief executive, after the sportswear company’s long-term boss Peter Cowgill stepped down earlier this year.

Kromek, a developer of radiation and bio-detection technology, said increased geo-political tensions are driving sales growth. Revenues jumped 16% in its final year results.

Bango said revenue increased in the first half as it upped investment and attracted “significant new customers”. The group also added 24 new merchants, including major technology company T-Mobile US.

Love Hemp said full-year revenues are ahead of management expectations after securing two new major retail listings and enjoying stronger sales in the fourth quarter. The company said it also made a “significant” reduction in operational and board costs.

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