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London’s FTSE 250 was down 1% at 17,563. 93 in afternoon trade on Friday.
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 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 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.
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.
Miniature wargames manufacturer Games Workshop has appointed Elaine O’Donnell as non-executive chair with effect from 1 January 2021.
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 has raised £100m in a placing and subscription to help fund the acquisition of US packaging business 3C!.
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 stocks were set for a muted open on Friday as investors digested the latest UK retail sales data.
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.
London’s FTSE 250 was down 0. 3% at 17,749. 95 in afternoon trade on Thursday.
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.
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 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 upgraded catering company Compass Group on Thursday to ‘overweight’ from ‘equalweight’ and hiked the price target to 1,500p from 1,050p.
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.
The Co-operative Group reported a rise in first-half profits on Thursday as revenue was boosted by the food and wholesale divisions.
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 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.