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FIVE at FIVE: FTSE 100 soars; Lloyds branches cut; Boeing’s space delay; Dechra accepts bid; Ashington eyes float

Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news

1. FTSE 100 soars

At the close, London's biggest index was on strong footing, gaining 1.7% on the day to finish the week at 7,607 points.

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2. Lloyds to axe branches

The latest announcement means 21 Lloyds Bank, 15 Halifax and 17 Bank of Scotland sites will shut their doors for good.

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3. Boeing delays first crewed flight of Starliner space capsule

During testing, Boeing engineers identified new issues relating to a faulty parachute system and wire harness tape.

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4. Dechra Pharmaceuticals agrees multi-billion pound bid

Dechra said it considered the terms “fair and reasonable” and intends "to recommend unanimously” the proposal to shareholders.

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5. Ashington Innovation counts down to London float

Ashington Innovation confirmed its shares will begin trading on the London Stock Exchange on Tuesday 6 June.

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