Financial markets' focus over the coming week will be squarely on the release of the official monthly US jobs report.
European shares pushed further into record territory on Friday with investors apparently brushing off data in the US showing quickening inflation.
Personal income growth in the States slowed sharply last month, but only on account of comparison with the previous month, when the Biden administration's mammoth $1. 9trn American Rescue Plan Act kicked into effect.
London stocks remained above the waterline at the close on Friday, shortly before Joe Biden was due to take the wraps off his spending plans as US president, which are expected to be in the region of $6trn (£4. 23trn).
The FTSE 100 ended the week 4. 56 points higher, closing on Friday at 7,022. 61.
A massive bitcoin mine was found in the UK this week following a police raid on a suspected cannabis farm.
Boeing announced on Friday it was providing the US Federal Aviation Administration with more information regarding undelivered 787 Dreamliners.
Trainline said on Friday that non-executive director Duncan Tatton-Brown had acquired 35,410 ordinary shares in the FTSE 250-listed ticketing platform.
Analysts at Berenberg lowered their target price on brewer C&C Group from 345. 0p to 292. 0p on Friday despite stating the group appeared to be positioning itself for recovery.
Wall Street stocks were in the green early on Friday, putting major indices on track for a winning week.
US consumer sentiment deteriorated in May amid concerns about inflation, according to a final reading from the University of Michigan.
Economic activity in the Chicago area unexpectedly improved in May, according to data released on Friday.
London’s FTSE 250 was up 0. 4% at 22,749. 97 in afternoon trade on Friday.
London’s FTSE 100 was up 0. 4% at 7,050. 44 in quiet afternoon trade on Friday, with many traders away from their desks already ahead of the Bank Holiday weekend and half-term next week.
West Africa and India-focussed gold exploration and development company Panthera Resources announced on Friday that the reverse circulation drill rig has arrived on site at the Labola Wuo Land Project in Burkina Faso.
Security and privacy software company Kape has entered into an agreement with its existing bank syndicate of Bank of Ireland, Barclays Bank and Citi Commercial Bank, as well as three new banks being Citizens Bank, BNP Paribas and Leumi Bank, to provide new senior secured bank facilities of up to $220m, it announced on Friday.
Commercial stage pharmaceutical company Shield Therapeutics announced on Friday that Greg Madison has been appointed as its chief executive officer, with effect from 1 June.
Alternative proteins and cultivated meat company Agronomics announced on Friday that its portfolio company CellX had completed its seed financing round.
Real Good Food updated the market on the completed disposal of Brighter Foods on Friday, reporting that major shareholders Napier Brown, Omnicane, and certain funds managed by Downing had each agreed to contribute £0. 18m towards the costs it incurred around the sale.
Mineral exploration and development company Beowulf Mining updated the market on its March quarter on Friday, having increased its ownership of Vardar Minerals to 48. 4% from 46. 1% for £0. 2m, in February.
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