0755 gmt  the ftse 100 falls 05 to 7095 points as investors digest data showing uk economic growth missed forecasts in august and exercise caution ahead of us inflation data and the federal reserves latest meeting minutes later mining shares are top fallers while housebuilders rise after barratt developments posted a wellreceived trading update the uk economy grew 04 monthonmonth in august versus the 06 growth expected in a wsj survey of economists the overall thirdquarter gdp figure is set to come in around half the bank of englands 3 forecast ing economist james smith says the focus now turns to us inflation data at 1230 gmt and the feds minutes at 1800 gmt natwest pledges 136 bln climate and sustainable funding and financing by 2025 natwest group plc on wednesday pledged to provide 100 billion pounds 13588 billion of climate and sustainable funding and financing or csff by the end of 2025 barratt developments plc said wednesday that total forward sales rose 79 at the start of fiscal 2022 and named a new chief financial officer centrica says performance in line with views well hedged for winter and beyond centrica plc said wednesday that performance since july has been in line with expectations and that it is well hedged for the coming winter and beyond thg plc knows no reason for shareprice fall thg plc said wednesday that it doesnt know of any reason for the recent fall in its share price darktrace plc on wednesday reported strong sales performance and improved revenue in its first quarter and broadly reiterated its fullyear guidance though with slightly improved revenue expectations marstons plc said wednesday that overall pub sales in fiscal 2021 fell due to significant coronavirus pandemicdriven disruption but returned to growth in the final quarter rainbow rare earths ltd said wednesday that it is planning to raise 64 million pounds 87 million via a share placing and will use the money towards the phalaborwa and gakara projects as well as to repay a loan man group plc said wednesday that funds under management at the end of the third quarter were 31 higher than at the end of the second quarter and that the board sees positive momentum carrying over into the fourth quarter kerry group plc said wednesday that it has updated its average revenue volume growth target to 46 for 20222026 serabi says gold production on track to meet 2021 guidance serabi gold plc said wednesday that its palito complex project in brazil is on track to meet 2021 production guidance of 3300036000 ounces oxford cannabinoid technologies holdings plc on wednesday reported a widened pretax loss for the fiscal year 2021 as it booked higher costs related to its initial public offering victoria plc said wednesday that its underlying pretax profit will exceed consensus market expectations for fiscal 2022 and that its revenue has increased driven by strong consumer demand for flooring products brickability group plc said wednesday that its expects its firsthalf revenue to triple and earnings to more than double on year following a strong pandemic recovery in the uk building sector centaur media plc shares rose wednesday after it said that it expects its 2021 revenue to be at the top end of market expectations and that its adjusted earnings continue to grow across its brands 0835 gmt  the uk economy grew 04 in august after contracting 01 in july confirming that the rapid gains registered during the reopening phase from the pandemicinduced lockdown are largely behind capital economics chief uk economist paul dales says augusts data add to the evidence that product and labor shortages are restraining economic activity particularly in the manufacturing and construction sectors he says we suspect shortages will be a bigger drag on gdp in september and octoberthe petrol crisis probably prevented some people from getting to work dales says in this context the uk economy isnt expected to rise much in the coming months but growth should accelerate from mid2022 and into 2023 once the current supplyrelated strains ease he says xavierfontdegloriawsjcom just eat takeawaycom business mix shift has reduced its longterm potential 0805 gmt  just eat takeawaycoms thirdquarter order numbers were 8 below rbc capital markets forecast the fooddelivery company expects order growthexcluding the grub businessto exceed 45 for the year and projects gross transaction value including grub to be in the range of eur28 billion to eur30 billion rbc forecasts a gross transaction value of eur286 billion while the company is investing significantly to defend its market position analysts at the canadian bank see continued downside risk to consensus profit expectations beyond 2021 the stocks valuation discount relative to history in our view reflects the shifting business mix towards lessprofitable owndelivery services which has reduced the groups longterm margin potential rbc says anthonyorunagoriainoffdowjonescom 0754 gmt  borrowing costs for the uk ease slightly after official data showed output fell below expectations in august pointing to a slowdown in economic growth the yield on the 10year uk benchmark bond trades last at 1141 having briefly breached the 12 level on monday the highest level since may 2019 according to tradeweb economic activity in august rose by 04 missing expectations in a wsj poll of economists of 06 slower growth could potentially cool expectations of an interest rate rise by the bank of england this year moving too sharply could see the economy go into reverse but the bank wont want to risk losing credibility if prices keep accelerating says hargreaves lansdowns susannah streeter lorenaruibalwsjcom 0734 gmt  the uk debt management offices planned sale of gbp500 million in the 0125 march 2051 indexlinked gilt will test whether there is demand at current pricing levels says rbc capital markets the gilt hasnt seen any concessions ahead of todays auction on microrelative value metrics and it has outperformed comparable gilts of similar maturities over the past two sessions analysts at the bank say what this could suggest however is that there is demand for the bond around current levels on microrelative value they say adding that this measure shows the bond trades almost in line with the level at which it traded before the previous tap on july 7 it outperformed after the tap they add lorenaruibalwsjcom 0730 gmt  barratt developments first quarter trading update was reassuring with no significant disruption to building construction rates inline with fiscal 2022 planned output and no change in guidance for cost inflation jefferies says the house builders relatively cheap price attached to its shares offer strong value as a result the us bank says barratt said it has a substantial net cash balance but there was no reiteration of fiscal 2022 cash guidance and no mention of a possible special dividend next yearlikely reflecting public relations sensitivity ahead of a residential property developer tax in the upcoming uk government budget jefferies says jefferies retains its buy rating and price target of 8680 pence shares are up 34 at 6638 pence josephhoppewsjcom