- FTSE 100 follows US and Asia higher, up 28 points
- Tesco sees signs of easing inflationary pressures
- Mortgage rates continue to rise, heading towards 6%
12.40pm: Intel to invest 4.2bn in Polish plant
Computer chip manufacturer Intel Corp announced plans on Friday to build a large factory in Poland to assemble and test microprocessors.
Intel Chief Executive Pat Gelsinger announced plans for the factory in Wroclaw during a visit to the city on Friday.
Gelsinger said Intel would invest around 4.2 billion to build the plant and that the plant would employ about 2,000 highly qualified workers by 2027. Intel also expects that several thousand more jobs will be created indirectly, including at suppliers in the area.
12.12am: Tesco update well …
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