Latest News
TBC grants '3-month grace period' for payments to customers amid coronavirus crisis
TBC Bank announced a series of contingency measures on Wednesday to try to offset the impact of the COVID-19 coronavirus on the company and its staff and customers including a “3-month grace period” for principle and interest payments.
Thursday preview: Central Banks, coronavirus in focus
The focus on Thursday will be on central banks and the reaction in financial markets to the European Central Bank's latest moves.
FTSE 100 movers: Grocers pace gains, Meggitt hit by air travel woes
Grocers topped gains on the top-flight index amid indications of very strong demand in its stores as Britons made preparations for the coming lockdown.
Coronavirus: UK schools shut until further notice from Friday
Schools in the UK will shut from Friday until further notice to combat the coronavirus pandemic, the government said on Wednesday.
Coronavirus crisis could lead to 25m job losses worldwide- ILO
An initial assessment of the impact of COVID-19 on the global workforce by the International Labour Organization said the effects could lead to almost 25m job losses.
Europe close: Stocks reel amid drag from oil and gas sector
Stocks across the Continent succumbed to heavy selling pressure again as some observers fretted that a proposed US stimulus package might fall short, even while keeping an eye trained on longer-term government bond yields and the price of oil slid again.
Broker tips: Aerospace and Defence, Sage
Those aerospace firms with higher exposure to Defence and enjoying a "strong" cash position are at a lower risk of having to "review" their policies on dividend payouts, Credit Suisse said.
Credit Suisse says not all Aerospace and Defence firm dividends at risk
Those aerospace firms with higher exposure to Defence and enjoying a "strong" cash position were at a lower risk of having to "review" their policies on dividend payouts, Credit Suisse said.
Dart Group withdraws guidance amid 'rapidly changing' landscape
Dart Group updated the market on its trading after markets closed on Wednesday, in the wake of “unprecedented and unforeseen” levels of travel restrictions being imposed by governments across Europe in response to the Covid-19 coronavirus pandemic.
London close: Stocks finish lower as sterling falls off cliff
London stocks maintained their negative distance with the previous session’s close through Wednesday afternoon, with a string of dividend suspensions on the back of the coronavirus giving investors little to smile about.
US open: Dow Jones drops below 20,000 points, United Technologies falls most since 2001
The Dow Jones Industrials was threatening to fall below the 20,000 point mark for the first time since 2017, on the back of steep falls in shares of aerospace giants Boeing and United Technologies, amid 'market chatter' of the possible need of a bail-out for the former.
Ergomed confirms involvement in Italian Covid-19 study
Specialist pharmaceutical services company Ergomed announced on Wednesday the start of a study of ‘siltuximab’, an interleukin-6 targeted monoclonal antibody, for the treatment of patients with Covid-19 who had developed serious respiratory complications.
London set for coronavirus lockdown
London - which has been hit the hardest by the coronavirus outbreak - looked set for a lockdown this week, with the government due to announce stricter measures in the coming days.
Safestore says no 'noticeable' impact yet from Covid-19
Self-storage company Safestore said on Wednesday that it had not yet seen any "noticeable" impact from the Covid-19 outbreak on its key trading performance indicators.
Pennon to sell Viridor for £4.2bn to Planets UK Bidco Limited
Pennon is planning the sale of its recycling and waste business Viridor to Planets UK Bidco Limited for £4. 2bn.
UK facing economic 'emergency' - BoE Governor
Andrew Bailey, the new governor of the Bank of England, has called for calm during the growing coronavirus crisis, insisting that firms should think twice before laying off staff.
Cannacord Genuity stays at 'buy' on Sage, highlights defensive qualities
Analysts at Canaccord Genuity stuck to their 'buy' recommendation for shares of enterprise software maker Sage, telling clients they didn't need to be as worried about its sales as with other companies, because approximately 90% of those were recurring.
LPA Group trading in line, but warns of looming coronavirus impact
LPA Group said its current trading was in line with expectations on Wednesday, and it had not as yet experienced “any undue impact” from the Covid-19 coronavirus pandemic.
Motif Bio struggling to find reverse takeover opportunity
Motif Bio updated the market on its corporate developments on Wednesday, having been reclassified as an AIM rule 15 cash shell.
Coronavirus: Johnson pledges law to protect renters
The government would bring forward emergency legislation to protect private renters from eviction if they fell ill with the coronavirus, Prime Minister Boris Johnson said on Wednesday.