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Five at Five: FTSE 100 bounces; GDP stalls, L&G underwhelms, Peltz eyes Rentokil, Starling loves London

1. FTSE 100 surges back on US inflation read

Footsie recovered a lot of lost ground as rate cut hopes reignite

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2. UK economy flatlines as rain dampens Sunak's spirits even more

An exceptionally wet month ruined the numbers said the Office for National Statistics (ONS),

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3. Legal & General down 5% as new CEO's reset underwhelms

António Simões was expected to take a more aggressive approach with his revamp of the insurer.

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4. Rentokil shares surge as Nelson Peltz builds stake

The billionaire fund manager and activist investor has bought into the pest control company.

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5. Starling Bank "very committed" to London IPO, says boss

Listing has been a focus for discussions in board meetings and with shareholders

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In the small-cap space:

URA Holdings appoints an auction partner for Gravelotte emeralds

Tungsten West granted processing permit at Hemerdon