Summary

  • FTSE 100 closes up, with Tesco's shares leading the pack

  • Tesco to buy food wholesaler Booker in £3.7bn deal

  • Theresa May to talk trade with Donald Trump

  • BT profits dive 37% after Italy woes

  • Get in touch: bizlivepage@bbc.co.uk

  1. Good morningpublished at 06:00 Greenwich Mean Time 27 January 2017

    Theresa May speaks in the USImage source, Getty Images

    We've got a strong end to a busy week coming up on Business Live. 

    BT will report its latest results. Earlier this week a fifth of the company's stock market value was wiped off after the company warned of slowing demand from business and public sector customers and an Italian accountancy scandal that was worse than previously expected.

    Across the Atlantic, Prime Minister Theresa May will become the first foreign leader to meet Donald Trump since he became President. 

    She has said that a UK-US trade deal must benefit both sides.

    The UK cannot begin formally negotiating a deal until the UK leaves the EU.