Latest News
Watches of Switzerland travel & tourism business hit by Covid-19
Watches of Switzerland said on Monday that its travel and tourism business has been hit by reduced footfall due to the Covid-19 outbreak.
Pearson suspends share buyback amid Covid-19
Pearson announced on Monday that, as it managed the impact of the Covid-19 coronavirus pandemic on its business, and with the likelihood of prolonged uncertainty, it had decided it was prudent to pause its share buyback.
Britvic earnings, revenue to take 'material' hit from coronavirus
Drinks company Britvic warned on Monday that 2020 earnings and revenue will take a "material" hit from the coronavirus.
Go Ahead suspends divi; says govt to reveal train franchise changes
Rail and bus operator Go-Ahead Group said the UK's Department for Transport would on Monday announce temporary changes to rail franchise agreements across the UK to support the sector during the coronaviruis crisis and added that it would be suspending its dividend.
ITV scraps dividend as ad revenue falls
ITV scrapped its dividend and withdrew market guidance as the coronavirus crisis ate into advertising revenues and forced the broadcaster to put productions on hold.
Aggreko suspends divi, withdraws 2020 guidance due to Covid-19
Temporary power provider Aggreko withdrew its 2020 guidance on Monday and suspended its dividend due to the coronavirus.
Covid-19: Stagecoach warns on profits, divi as passenger numbers fall
Transport operator Stagecoach issued a profit warning on Monday adding that was unlikely to pay any further dividends as the coronavirus pandemic hit passenger numbers.
IWG suspends dividend, share buyback due to Covid-19
Workspace provider IWG said on Monday that it was suspending its dividend and temporarily halting its share buyback programme due to the coronavirus outbreak.
Shell slashes capex, AB Foods to take hit from Primark closure
London open The FTSE 100 is expected to open 186 points lower on Monday, having closed up 0. 76% at 5,190. 78 on Friday.
Primark closure to cost £650m a month in lost sales
Primark's decision to close its stores will cost £650m a month in lost sales, parent company Associated British Foods said.
London pre-open: Stocks seen sharply lower amid pandemic concerns
London stocks were set for another sharply lower open on Monday, taking their cue from weakness in Asia amid growing concerns about the impact of the coronavirus.
Monday newspaper round-up: Sunak, airlines, ventilators
Pressure is mounting on Rishi Sunak to extend his coronavirus bailout to the UK’s five million self-employed people, with gig workers threatening legal action against the chancellor’s current “discriminatory” policy and a survey suggesting half would keep working if they had symptoms. On Friday, Sunak said self-employed workers could access £94. 25 a week in universal credit, but he gave a far more generous deal to employees of 80% of salaries, capped at £2,500 per month.