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Redrow closes all sites, in talks with banks about more credit
Redrow said on Friday that it was closing all of its sites and offices due to the coronavirus and is in talks with banks about securing more credit.
Meggitt pulls dividend as Covid-19 slams air industry
Defence engineering firm Meggitt pulled its final dividend to save cash as the coronavirus pandemic hit its aerospace market.
Next closes online operations, Rightmove cancels dividend
London open The FTSE 100 is expected to open 90 points lower on Friday, having closed up 2. 24% at 5,815. 73 on Thursday.
London pre-open: Stocks seen lower as caution sets in ahead of weekend
London stocks were set to fall at the open on Friday following gains in the previous session, amid ongoing concerns about the coronavirus pandemic.
Friday newspaper round-up: Housing market, UK car production, fishing
The government has put the brakes on the housing market until the coronavirus restrictions are over, telling people to delay their home moves if possible and not to allow new viewings. In new guidance, the government said it was urging buyers and sellers to “adapt and be flexible” by agreeing new moving dates. – Guardian.
Rightmove pulls dividend, guidance on Covid-19 worries
Online real estate agent Rightmove cancelled its dividend and pulled full year guidance as due to uncertainties caused by the impact of Covid-19.
Next shuts online, warehouse ops after staff express Covid-19 concerns
Fashion retailer NEXT shut its online, warehousing and distribution operations overnight after staff expressed concerns about working during the coronavirus lockdown.