FTSE 250 hits 15

After several weeks of steady growth, the mid-cap FTSE 250 hit a 15-month high today while the pound retreated against the dollar and euro. What else happened today...

• Alibaba shares climb after it raises $11bn in Hong Kong placing
• Pets at Home says it will likely top guidance
• De La Rue boss warns over company’s future after £12m loss
• Sale of LCF-style minibonds to everyday investors to be banned 
• Compass Group and Greencore both fall in food & catering double-whammy
• Citi hit with £44m fine over compliance failures
• Juliet Samuel: Boris Johnson would love to cut taxes – the problem is he daren’t​