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23 Mar
Card Factory scraps divi, to shut all stores by Monday close

Card Factory said it was closing all its shops by the close of trading on Monday and cancelled its final dividend, in line with efforts to stop people gathering during the Covid-19 crisis.

23 Mar
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Europe open: Stocks drop amid deadlock on stimulus bill in US Senate

Shares have started the morning trading sharply lower after a vote overnight in the US Senate on an emergency stimulus plan failed to pass muster.

23 Mar
laura ashley
Laura Ashley shuts 70 stores

Laura Ashley will close 70 of its UK stores on Monday, putting more than 700 jobs at risk, as administrators start trying to find a buyer for the retailer.

23 Mar
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Asia report: Most markets slide as Covid restrictions ramp up

Most markets in Asia racked up steep losses on Monday, as several countries in the region tightened civil restrictions in the face of a fast-growing Covid-19 coronavirus pandemic.

23 Mar
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Kingfisher scraps dividend but flags positive trading

Kingfisher scrapped its final dividend in response to the Covid-19 crisis but said trading had shown positive trends in the current financial year.

23 Mar
Ted Baker
Ted Baker secures £79m sale and leaseback deal

Ted Baker has struck a £79m sale and leaseback of its London head office, the beleaguered fashion retailer announced on Monday.

23 Mar
Covid-19: UK govt suspends rail franchises to stop firms collapsing

The UK government effectively renationalised the railways on a temporary basis as it suspended all franchise agreements to help train companies avoid collapse due to the coronavirus pandemic.

23 Mar
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Novacyt gets US approval for Covid-19 test

Novacyt said on Monday that the US Food and Drug Administration has issued an emergency use authorisation for its Covid-19 test.

23 Mar
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International PPL reports no Covid-19 effect

International Public Partnerships (INPP) said the coronavirus had no impact on its cashflow and the operational performance of its assets was as expected.

23 Mar
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John Laing agrees sale of French wind portfolio

John Laing Group has entered into a purchase and sale agreement for its French wind portfolio, it announced on Monday.

23 Mar
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Syncona flags delays to clinical programmes amid pandemic

Syncona updated the market on its trading amid the Covid-19 coronavirus pandemic on Monday, reporting that since the start of the outbreak, it had taken measures to protect its employees, primarily centred around remote working, to help ensure it could continue to operate with as minimal disruption as possible.

23 Mar
spire healthcare hospital
Spire Healthcare hands over hospitals to NHS, withdraws guidance

Spire Healthcare said on Monday that it was withdrawing its 2020 guidance as it confirmed it will be making all of its hospitals available to the NHS to help during the coronavirus outbreak.

23 Mar
NewRiver confident in cash position as pub estate closes

NewRiver REIT issued a further update on the impact of the Covid-19 coronavirus pandemic on its business on Monday, following the government announcement on 20 March of the temporary closure of entertainment and hospitality premises.

23 Mar
Hyve pulls guidance, extends event postponement plan

Events group Hyve pulled profits guidance on Monday and extended its postponement programme as the coronavirus pandemic continued to spread.

23 Mar
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Frasers scraps buybacks after underestimating crisis

Sports Direct owner Frasers Group has suspended its share buyback programme after underestimating the impact of government restrictions in response to the coronavirus crisis.

23 Mar
moss brothers, moss, moss bros
Moss Bros warns on profits as it closes stores due to Covid-19

Moss Bros warned on profits on Monday as it announced the closure of its stores amid the Covid-19 outbreak, adding that it would take even more of a hit if Ascot does not go ahead.

23 Mar
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Electrocomponents profit seen at bottom end of forecasts

Electrocomponents warned on Monday that full-year profit will be at the bottom end of market expectations as it takes a hit form the coronavirus pandemic.

23 Mar
FirstGroup pulls guidance as passenger numbers slump

Bus and rail operator FirstGroup said it was no longer able to provide guidance on its results for the rest of the current financial year as passenger volumes slumped further in the UK and North America due to the coronavirus in recent days.

23 Mar
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London open: Stocks plunge again as US stimulus deal stalls

It was a bloodbath again in London's equity markets amid growing concerns about the impact of the coronavirus, with US Senate deadlock over stimulus souring the mood further as investors waded through another deluge of Covid-19 updates.

23 Mar
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AG Barr draws £60m to shore up finances

AG Barr has drawn its full £60m of available credit and frozen new capital projects to strengthen its finances as the coronavirus crisis takes its toll on the UK's hospitality industry.