Good morning. The FTSE is set for a cautious open after Asian markets mostly ticked higher.
5 things to start your day
1) Overseas bosses win exemption from quarantine rules: Executives will be able to jet into UK for important meetings and visits in a boost for the City, prompting protests from small businesses.
2) Brexit Britain throws off chains of Europe’s state aid regime: New subsidy control bill aimed at channeling taxpayer cash towards businesses to meet ambitions on levelling up and net zero goals.
3) Morrisons bidder CD&R should raise offer to £6.5bn, investor says: Shareholder JO Hambro said New York-based bidder Clayton, Dubilier & Rice must pay “a fair price” for Morrisons.
4) Google cracks down on scam adverts: The new measures would come into place from September 6 following pressure from the City watchdog over online financial scams.
5) Chaos for home buyers as stamp duty cliff edge approaches: From Thursday, the stamp duty holiday will be tapered, with the “nil rate” band halving from £500,000 to £250,000.
What happened overnight
Shares were mostly…
