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London’s FTSE 250 was down 0. 7% at 19,464. 83 in afternoon trade on Tuesday.
London’s FTSE 100 was down 1. 6% at 6,316. 52 in afternoon trade on Tuesday.
Sainsbury’s said on Tuesday that it has received "some very preliminary expressions of interest" in its banking unit.
Plumbing and heating products distributor Ferguson has bought US-based heating, ventilation and air conditioning wholesale distributor Old Dominion and geotextile company Atlantic Construction Fabrics (ACF) for an undisclosed sum.
Shares of Upper Crust owner SSP slid on Tuesday after Morgan Stanley downgraded the stock to ‘equalweight’ from ‘overweight’ and cut the price target to 320p from 330p following the recent vaccine-inspired rally.
Mitie shares rallied on Tuesday after the Competition and Markets Authority approved its acquisition of Interserve’s cleaning and maintenance business.
London stocks had extended losses by midday on Tuesday following another vaccine-inspired rally in the previous session, underperforming their European peers as sterling gained ground.
Naked Wines has appointed Shawn Tabak as its new chief financial officer with effect from 7 December.
RBC Capital Markets downgraded WH Smith on Tuesday to ‘sector perform’ from ‘outperform’ as it said the valuation was up with events.
Telecom Plus reported a small increase in first-half profit on Tuesday and maintained its dividend as it highlighted a "resilient" performance across the business.
London stocks edged lower in early trade on Tuesday as vaccine optimism faded, with worries about rising Covid-19 cases and the impact of tighter restrictions continuing to play on investors' minds.
Aggreko said on Tuesday that full-year profit is expected to be at the upper end of its previous guidance following some recovery in most of its markets, as it set its profit guidance for 2021.
London stocks were set to fall at the open on Tuesday following healthy gains in the previous session on the back of vaccine optimism.
Primary care property investor and developer Assura reported a rise in interim profit on Tuesday as it said rent collections have remained in line with normal patterns despite the Covid-19 pandemic.
The government is exploring options for dealing with a £40bn black hole in the public finances, which would result from a proposed ban on the sale of new petrol and diesel cars within a decade. Boris Johnson is expected to announce this week the cut-off date for the ban will be brought forward by five years to 2030, in a step designed to underscore the government’s commitment to a green economic recovery from the coronavirus pandemic. - Guardian .