FTSE LIVE: Moss Bros issues profit warning; Lloyds of London stung by natural disasters

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FTSE LIVE: Moss Bros issues profit warning as it swings to a loss; Lloyds of London stung by natural disasters; Uber could snap up Deliveroo

Moss Bros has warned today that its full-year profits will be ‘materially lower’ than market expectations after the clothing firm swung to a £1.7million loss in the first half of the year. 

Insurance firm Lloyd’s of London had a poor first-half too as natural disasters in 2017 wiped 50 per cent off its earnings. 

Meanwhile, Uber is in early stage talks to acquire Deliveroo in a multi-billion dollar deal Bloomberg has reported, as the taxi firm seeks to grow its own food delivery division – Uber Eats.

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