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BoE's Haldane warns against 'Chicken Licken' pessimism
The Bank of England’s Andy Haldane has warned against adopting too gloomy a view of the UK’s economic prospects following the Covid-19 pandemic.
3i Infrastructure 'on track' to hit dividend targets
3i Infrastructure said it was on course to meet its full-year dividend target following a strong performance across its portfolio, despite the impact of Covid-19.
Berenberg retains rating on Shell, flags 'challenging' quarter
Berenberg has retained its ‘hold’ rating on Royal Dutch Shell, but warned downgrades to earnings forecasts were likely.
Babcock names former Cobham executive finance chief to role
Babcock International has named David Mellors chief financial officer, the aerospace and defence specialist announced on Wednesday.
CLS secures £154m loan with Aviva Investors
CLS Holdings has secured a £154m loan from Aviva Investors, the listed property investment firm announced on Wednesday.
Qinetiq reinstates dividend after improved second quarter
Qinetiq Group has reinstated both its dividend and full-year guidance after a strong finish to the first half, the defence technology specialist confirmed on Wednesday.
Covid buying boom helps UK house prices hit fresh highs
Annual house price growth surged in September to the highest rate in four years, as the UK property market continued to boom post lockdown.
Shell set to unveil job losses - report
Royal Dutch Shell is reportedly close to announcing potentially thousands of job cuts as it responds to the global slump in oil prices and looks to reposition itself as a green energy provider.
IATA downgrades 2020 forecasts after 'worst-ever' summer
The International Air Transport Association has cut its traffic forecasts for 2020 after a “dismal” end to the northern hemisphere’s summer travel season.
Card Factory swings to a half-year loss
Card Factory became the latest retailer to reveal a tumble into the red on Tuesday, after Covid-19 shut stores and dented trading during key periods, including Mother’s Day and Easter.
Covid-19 pushes Hotel Chocolat into the red
Hotel Chocolat Group swung to a full-year loss, the chocolatier confirmed on Tuesday, after the Covid-19 pandemic closed stores over the key Easter period.
AA extends takeover deadline, interim revenues stall
The AA has extended a deadline for takeover talks, the breakdown and insurance specialist confirmed on Tuesday, as it reiterated full-year guidance despite a slide in interim revenues and profits.
Mortgage approvals surge to 13-year high
Mortgage approvals soared to a near 13-year high in August, official data showed on Tuesday, as the stamp duty holiday helped further boost pent-up demand.
Credit Suisse ups target price on BT
Credit Suisse has upped the price target for BT Group shares, and reiterated its ‘outperform’ rating, after the telecoms group hiked its prices.
Tirupati Graphite mulls London IPO
India’s Tirupati Graphite is looking to debut on the London Stock Exchange, it was announced on Monday.
Uber wins legal battle to continue operating in London
Uber is to continue operating in London, after a judge upheld its appeal against Transport for London’s decision to revoke its operator licence.
Pound strengthens on Brexit trade deal hopes
The pound rose against both the euro and dollar on Monday morning as the final round of Brexit trade negotiations geared up in Brussels.
Full-year revenues set to top £150m, says Numis
Annual profits at Numis Corporation are on course to come in "materially" higher than the prior year, the City stockbroker said on Monday.
Government to top up wages of 'viable' jobs when furlough scheme ends
The government will look to stave off a potential wave of redundancies this autumn by topping up the wages of "viable jobs" when the furlough scheme comes to the end, Chancellor Rishi Sunak announced on Thursday.
US jobless claims little changed, some economists say jobs market stalling
The pace of improvement in US jobless claims slowed last week, government data showed on Thursday, as America's labour market looked to have stalled.