Full List Of Stories
ASOS posts record interim profit; confirms placing to weather Covid-19
Online fashion retailer ASOS reported record interim pre-tax profits on Tuesday as it confirmed it is "close" to finalising a potential equity issuance and extension to its debt facilities amid the coronavirus pandemic.
Safestyle launches placing to raise £8.5m amid Covid-19 lockdown
Safestyle has announced a placing to raise £8. 5m to strengthen its balance sheet and help see it through the coronavirus outbreak.
FTSE 250 movers: Cineworld rallies; Assura slides after placing
London’s FTSE 250 was up 6. 7% at 15,801. 68 in afternoon trade on Tuesday.
FTSE 100 movers: Carnival cruises higher; Ocado in the red
London’s FTSE 100 was up 3. 3% at 5,763. 97 in afternoon trade on Tuesday, with stocks that have taken a beating of late on the back of the coronavirus pandemic among the top gainers.
House prices flat in March before lockdown - Halifax
UK house prices were steady in March before the coronavirus lockdown came into effect but activity is set to fall "sharply" in the coming months, according to figures released by Halifax on Tuesday.
London midday: FTSE maintains gains amid coronavirus optimism
Equity markets in London were still firmly in the black by midday on Tuesday as investors welcomed signs that the coronavirus spread in countries such as Italy and Spain is slowing, with the stocks most battered by the pandemic pacing the gains.
Treatt hails 'strong' order intake; no impact so far from Covid-19
Ingredients manufacturer Treatt said on Tuesday that order intake in recent weeks has been strong and that the coronavirus outbreak has not impacted its business so far.
Assura raises £185m in placing
Assura said on Tuesday that it has raised around £185m in a placing to fund the development and acquisition of a pipeline that will deliver future GP surgery, primary care and community healthcare buildings for the NHS.
London open: Stocks rise amid coronavirus hopes
London stocks rose in early trade on Tuesday as investors welcomed signs that the coronavirus spread in countries such as Italy and Spain is slowing.
CMA to refer SIG's disposal to Kingspan for in-depth probe
The Competition and Markets Authority said on Tuesday that it could refer SIG’s disposal of its building solutions business to Kingspan for an in-depth investigation as it raises competition concerns in the supply of specialist insulation panels.
Sabre Insurance FY profit falls; special dividend deferred due to pandemic
Sabre Insurance reported a drop in full-year profit on Tuesday as gross written premiums declined, and said it was withholding its special dividend until there is more clarity on the impact of the Covid-19 outbreak.
Victrex H1 trading in line, too early to provide FY guidance
Victrex said on Tuesday that trading in the first has been in line with expectations but that it is too early to provide guidance for the rest of the year amid the coronavirus pandemic.
London pre-open: Stocks to edge up amid coronavirus hopes
London stocks were set to edge higher at the open on Tuesday amid optimism over a slowdown in the numbers of coronavirus cases and deaths in Italy and Spain.
Tuesday newspaper round-up: Lloyds, coronavirus loans scheme, Carnival
Mark Barnett, the protege of fallen investment star Neil Woodford, has been sacked as manager of a £400m investment trust for poor performance. Barnett has been handed six months’ notice by Invesco Perpetual Income and Growth Investment Trust after more than 20 years as its manager. – Guardian.