Full List Of Stories
FTSE 250 movers: Essentra slumps; John Laing rises
London’s FTSE 250 was down 1% at 17,563. 93 in afternoon trade on Friday.
FTSE 100 movers: Travel stocks hit; Smurfit gains
London’s FTSE 100 was down 0. 5% at 6,017. 26 in afternoon trade on Friday amid worries about rising coronavirus cases and the imposition of further restrictions.
Ryanair to cut October capacity by 20% as Covid restrictions dent bookings
Ryanair said on Friday that it will cut its October capacity by another 20% as Covid-related travel restrictions continue to dent bookings, and warned that further cuts to the winter schedule are likely.
London midday: Travel stocks pace decline amid Covid concerns
London stocks were still a little weaker by midday on Friday amid concerns about rising coronavirus cases and the introduction of further restrictions, as investors digested the latest UK retail sales data.
LSE in exclusive talks with Euronext over Borsa Italiana sale
London Stocks Exchange confirmed on Friday that it has entered into exclusive discussions with Euronext over the sale of Borsa Italiana, as it looks to get regulatory approval for its acquisition of data provider Refinitiv.
Games Workshop appoints Elaine O’Donnell as chair
Miniature wargames manufacturer Games Workshop has appointed Elaine O’Donnell as non-executive chair with effect from 1 January 2021.
London open: Stocks fall on Covid worries; retail sales grow again
London stocks fell in early trade on Friday amid concerns about rising coronavirus cases and the impact of further restrictions, as investors digested the latest UK retail sales data.
Essentra raises £100m to fund acquisition of US packaging group
Essentra has raised £100m in a placing and subscription to help fund the acquisition of US packaging business 3C!.
UK retail sales grow again in August as recovery continues
UK retail sales grew for the fourth month in a row in August as the post-lockdown recovery continues, according to data released by the Office for National Statistics on Friday.
London pre-open: Stocks seen muted as investors digest retail sales
London stocks were set for a muted open on Friday as investors digested the latest UK retail sales data.
Friday newspaper round-up: Flutter Entertainment, jobs, Arm Holdings
The value of the Queen’s land and property has been written down by more than £500m following a steep fall in rental receipts from shops. The Crown Estate encompasses London’s Regent Street and St James’s as well as malls and retail parks around the country, alongside the rights to seabeds around the British Isles. However, the coronavirus pandemic has forced it to consider the value of its holdings as retailers and office tenants struggle to make rental payments.
FTSE 250 movers: Playtech slumps; IG rallies
London’s FTSE 250 was down 0. 3% at 17,749. 95 in afternoon trade on Thursday.
FTSE 100 movers: Informa hit by downgrade; Next rallies
London’s FTSE 100 was down 0. 4% at 6,053. 61 in afternoon trade on Thursday as investors digested the latest policy announcement from the Bank of England.
IG Group first-quarter revenue jumps 62%
FTSE 250 online trading platform IG Group posted a big jump in first-quarter revenue on Thursday as it continued to benefit from high levels of trading activity and new client acquisition.
London midday: Stocks maintain losses as BoE stands pat
London stocks were still in the red by midday on Thursday after the Bank of England left interest rates and its bond-buying target unchanged but said it was ready to take further action amid economic uncertainty.
Barclays makes long-term call on Compass, upgrades to ‘overweight’
Barclays upgraded catering company Compass Group on Thursday to ‘overweight’ from ‘equalweight’ and hiked the price target to 1,500p from 1,050p.
JPMorgan downgrades Informa as it waits for business travel to return
JPMorgan Cazenove downgraded its stance on shares of Informa to ‘neutral’ from ‘overweight’ on Thursday and slashed the price target to 389p from 528p as it waits for business travel to return.
Co-operative H1 profits rise on ‘exceptional’ food, wholesale performances
The Co-operative Group reported a rise in first-half profits on Thursday as revenue was boosted by the food and wholesale divisions.
Vesuvius pays back Covid-19 debt to BoE
Vesuvius said on Thursday that it has elected to repay £200m of debt issued through the Bank of England’s Covid Corporate Financing Facility earlier than its March 2021 maturity thanks to positive free cash flow generation in recent months and early signs of "marginally improving" levels of business activity.
London open: Stocks fall as investors eye BoE announcement
London stocks fell in early trade on Thursday as investors digested the latest rate decision from the US Federal Reserve and looked ahead to a policy announcement from the Bank of England.