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European stocks were lower in lunchtime trade as London was placed under stricter Covid-19 measures amid tightening restrictions across Europe, while dwindling hopes of another US stimulus deal and a crunch Brexit summit in Brussels also worried investors.
UK home furnishing retailer Dunelm on Thursday reported a 37% jump in first-quarter sales, boosted by higher online demand, as well as a recovery in its stores after Covid-19 lockdowns were eased.
Online electrical retailer AO World said it expected half-year revenue to rise by more than half driven by strong demand in the UK and Germany.
European stocks were firmly in the red in early Thursday trade as investors fretted over tightening coronavirus restrictions across Europe, the dwindling hopes of another US stimulus deal and a crunch Brexit summit in Brussels.
Budget airline Ryanair said it was cutting planned winter capacity by a third due to the latest round of travel restrictions across Europe.