Vistry sells 1,750 homes to Blackstone; UK retail sales rise slightly – Business Live Update

Vistry has announced the sale of 1,750 homes to Blackstone, with the properties set to be managed by private rented housing firm Leaf Living. Meanwhile, retail sales in the UK saw a slight increase in May. In the financial markets, both UK and European shares are experiencing losses, with oil prices also falling as investors anticipate an increase in supply later in the year. The FTSE 100 index in London is down by 0.4%, while Germany's Dax and France's CAC have both dropped around 0.3%. Italy's FTSE MiB has seen the largest decline, falling by nearly 0.7%.