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London’s FTSE 100 was down 0. 1% at 6,342. 37 in afternoon trade on Monday.
Video game developer Codemasters said on Monday that first-half revenues more than doubled and operating profit rose as it released three new games.
Specialist cake retailer Cake Box reported a dip in interim profit and revenue on Monday after its stores were forced to close due to Covid-19 restrictions.
Merck has agreed to buy privately-held, clinical-stage biopharmaceutical company OncoImmune for an upfront payment of $425m in cash.
Embattled Cineworld said on Monday that it has secured a new $450m debt facility and that its lenders have agreed to waive its debt covenant until June 2022 to help see it through the Covid-19 pandemic.
London stocks were a little higher by midday on Monday following a positive update on AstraZeneca’s Covid-19 vaccine, as investors digested news that UK business activity shrank in November as the second lockdown took its toll.
Recruiter SThree lifted its full-year profit expectations on Monday as it hailed an improvement in its US and German businesses.
London stocks rose in early trade on Monday following positive news on AstraZeneca’s Covid-19 vaccine, as investors awaited news on how England will come out of lockdown next week.
London stocks were set to rise at the open on Monday as investors await news from Prime Minister Boris Johnson on how England will come out of lockdown next month.
Rishi Sunak has rejected accusations that his planned public sector pay freeze amounts to a return of austerity and insisted that spending plans to be announced on Wednesday will result in more money for health, education and the police. With trade unions demanding that the chancellor do a last-minute U-turn over his clearly signalled intention to clamp down on the state’s wage bill and refusing to rule out strikes, Sunak said there would be significant increases in spending on public services next year.