FTSE CLOSE: Boris rules out FlyBe bailout; Ban on credit-card betting; Whisky bosses in US tariff talks; Boohoo boasts soaring sales
The FTSE 100 closed up 4.75 points at 7622.35 and the pound was at $1.30 against the dollar.
Gamblers will no longer be allowed to use credit cards to make bets from April 14. The Gambling Commission hopes the ban will help deal with problem gambling. The news has unsurprisingly hit shares in betting firms.
Representatives from the Scottish whisky industry are heading to the USA over concerns that further tariffs will be imposed on single malts. The US government imposed a 25 per cent tax on Scotch whisky and liqueurs on October 18.
Fashion retailer Boohoo experienced a 44 per cent spike in revenues over the four months to December 31, making £473.7million.