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Hammerson pulls dividend as stores shutter, rents slump by two-thirds
Hammerson pulled its final dividend and guidance as government lockdowns forced many of its tenants to shutter their stores, leaving the company with a two-third decline in quarterly rents.
Melrose warns on profits, pulls dividend
Manufacturing group Melrose issued a profits warning on Monday and pulled its final dividend as it reported a "significan deterioration" in end markets due to the coronavirus pandemic.
easyJet grounds fleet as Stelios threatens over Airbus order
Budget airline easyJet grounded its entire fleet in response to the coronavirus pandemic as founder and major shareholder Stelios Haji-Ioannou threatened to pick off board directors one by one unless the company cancelled a large aircraft order to save cash.
EY quits as Finablr auditor over governance concerns
Travelex owner Finablr said Ernst & Young (EY) had quit as its auditor over concerns about corporate governance at the troubled foreign exchange firm.
FirstGroup awarded GWR franchise until 2023
FirstGroup said it had been awarded a direct contract to continue operating the Great Western Railway franchise until 2023 by the government.
Go-Ahead directly awarded Southeastern rail franchise
Train operator Go-Ahead Group said it had been directly awarded a contract to run the UK's Southeastern franchise until October 2021.