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23 Mar
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.

23 Mar
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.

23 Mar
britvic, drinks
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.

23 Mar
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.

23 Mar
love island itv
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.

23 Mar
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.

23 Mar
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.

23 Mar
regus, office, iwg
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.

23 Mar
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.

23 Mar
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.

23 Mar
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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.

23 Mar
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.