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Three things you need to know in the financial markets this morning from investment writer, Tony Cross

Robert Walters

Professional recruiters Robert Walters have published a Q1 trading update this morning, showing a solid start to the year. Notably, UK growth remains strong, up 10% despite the ongoing uncertainty that’s caused by Brexit. Other territories are performing well, too, headcount is up and the foot print continues to grow with three new offices having opened in existing markets. 72% of the company’s fee income is now derived from outside the UK.

Rio Tinto

Rio Tinto has announced a further $302 million investment into a copper mining project in Arizona. The company believes this one project alone has the ability to supply almost 25% of the total US demand for the metal, something which is continuing to rise as a key component in the production of electric vehicles. Internalising this supply clearly also has benefits when it comes to mitigating the risk of tariffs.

Kier Group

Construction and property services group Kier has this morning announced the arrival of its new CEO and the launch of a strategic review. The company struggled to complete a rights issue late last year with less than a 50% take up, but the new chief will now lead a strategic review, aimed at simplifying the business, reducing leverage and improving cash generation.

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Please note this article does not constitute investment advice. Investors are encouraged to do their own research beforehand or consult a professional advisor.

Tony Cross

Tony Cross

Tony Cross is a market commentator with over 15 years of experience, producing compelling, insightful copy for journalists and investors alike. Focusing on macroeconomics, UK blue chip equities and inter market analysis, Cross's commentary is well regarded for its clarity and ability to cut through the waffle. He has been quoted in publications as diverse as The Financial Times, The Times, The Guardian and The Sun. He has also been a regular guest on both Share Radio and TipTV.

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