Good morning. China’s economy expanded at a record pace in the first quarter as the country continued its rapid recovery from last year’s pandemic-fuelled slump, official data showed on Friday.
Meanwhile the FTSE 100 is within touching distance of 7,000 points, having closed at a 14-month high on Thursday.
5 things to start your day
1) Part-time rail commuting regime revealed: The new system of flexible rail season tickets is designed to entice commuters back to city centres as they split their time.
2) Dublin beats Paris and Frankfurt in post-Brexit City job moves: 135 firms that have relocated business to Dublin due to Brexit – more than those opting for Paris, Luxembourg, Frankfurt or Amsterdam.
3) GSK shares jump after activist hedge fund builds big stake: Elliott Management, which has a long history of buying into firms it sees as takeover targets, has built up a multi-billion pound stake.
4) Hut Group aims to become the new Ocado: FTSE 250 retailer-cum-tech company pins its hopes on an e-commerce platform it sells to other retailers, but growth has…