EasyJet's founder Stelios Haji-Ioannou will ask the board whether the airline is a going concern and how many of its shares are controlled by Airbus at a shareholder meeting on Friday.
The market spotlight going into the bank holiday will remain on the UK, with a reading on retail sales for April is due out.
Wall Street stocks closed lower on Thursday as market participants digested another jobless report from the Department of Labor and news that the Senate had passed a bill that would make listings by Chinese firms on US exchanges more difficult led to fears of a ratcheting up in trade tensions between the world's two biggest economies.
Sales of second-hand homes slowed as expected last month, registering their largest one month drop since July 2010, yet prices continued to rise.
London’s benchmark slipped back into the red in late trading on Thursday, having briefly broken above the waterline during the afternoon, amid growing tensions between the US and China, and after Whitbread announced a £1bn rights issue.
Ebiquity revealed on Thursday that interim chief executive Alan Newman had acquired 100,000 ordinary shares in the AIM-listed media agency.
Television content producer Zinc Media Group described “good progress” on its transformation plan during the current Covid-19 pandemic on Friday, with £2. 5m of new business won since the lockdown began, and a “growing pipeline” of proposals which could be produced under social distancing rules across its television labels.
Technology company Cohort updated the market on its financial year ended 30 April on Thursday, saying that with the benefit of a lower tax charge, it was expecting earnings per share to be in line with market expectations.
Strategic Minerals announced on Thursday that its wholly-owned subsidiary Leigh Creek Copper Mine has lodged a draft programme for environment protection and rehabilitation (PEPR) with the South Australian government.
Analysts at Berenberg lowered their target price on consulting services firm First Derivatives from 2,750. 0p to 2,200. 0p on Thursday, stating the firm's underlying performance had become "worrying".
London’s FTSE 250 was up 0. 5% at 16,446. 41 in afternoon trade on Thursday.
Biotechnology company Midatech Pharma announced the closing of its registered direct offering of 1,818,182 American depositary shares (ADS), each representing five of its ordinary shares, at a price of $1. 65 per ADS on Thursday.
88 Energy updated the market on operations at its recently-drilled Charlie-1 appraisal well on the North Slope of Alaska on Thursday, reporting the average API gravity of liquid hydrocarbon in the Torok Formation as around 50 degrees.
Azerbaijan-focussed gold, copper and silver producer Anglo Asian Mining updated the market on its strategy on Thursday, saying it was prioritising discoveries identified by its current exploration to increase production and mine life.
Galileo Resources has completed the acquisition of Botswana-incorporated Crocus-Serv, it announced on Thursday, having satisfied the conditions under the heads of agreement.
Generic drugs manufacturer Beximco Pharmaceuticals announced the launch of the antiviral drug remdesivir under the brand name ‘Bemsivir’ on Thursday.
Wall Street trading began on a mixed note on Thursday as market participants digested another jobless report from the Department of Labor.
London’s FTSE 100 was up 0. 3% at 6,086. 90 in afternoon trade on Thursday.
The UK government announced that free coronavirus antibody tests will be made available on the NHS after stricking a deal with pharmaceutical firm Roche.
Canaccord Genuity has upped its price target on Begbies Traynor Group, arguing that a spike in insolvencies following the Covid-19 outbreak will boost earnings at the corporate restructuring specialist.