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London open: Stocks fall as Sino-US relations sour, new Covid cases rise
London stocks fell in early trade on Thursday as growing tensions between the US and China and a rise in new coronavirus cases weighed on sentiment.
QinetiQ serves up fourth consecutive year of growth
QinetiQ reported its fourth consecutive year of growth on Thursday, with its orders up 25% excluding the LTPA amendment, making for its largest annual order intake in nine years.
Tate & Lyle FY profit rises but April 'mixed' amid Covid lockdowns
Tate & Lyle reported a rise in full-year profit and revenue on Thursday but said trading in April was mixed due to Covid-19 lockdowns in the US and Europe.
Hilton Food trading in line as demand rises
Hilton Food said trading in 2020 was in line with its expectations after Covid-19 lockdowns increased consumer demand for food.
AJ Bell interim profit jumps as customer numbers grow
FTSE 250 investment platform AJ Bell reported a jump in interim profit on Thursday and held its dividend as customer numbers grew.
Intertek to pay dividend after revenue falls
Intertek said it would pay its final dividend as the company reported a 4. 6% fall in revenue for the first four months of 2020.
IP Group nets £51m from Ceres Power share sale
Intellectual property-based business developer IP Group has sold 12. 25 million shares in Ceres Power for 425p each, it announced on Thursday.
London pre-open: Stocks seen lower as Covid cases rise, Sino-US relations sour
London stocks were set to fall at the open on Thursday following a rise in new coronavirus cases as countries around the world begin to lift lockdown restrictions, and amid growing tensions between the US and China.
Whitbread to raise £1bn, easyJet to restart flying on 15 June
London open The FTSE 100 is expected to open 42 points lower on Thursday, having closed up 1. 08% at 6,067. 16 on Wednesday.
Thursday newspaper round-up: Top earners, UK holidays, care homes
The highest paid 1% of British earners received nearly 17% of all the country’s income ahead of the Covid-19 crisis, according to a study making allowance for the concentration of taxable capital gains among the better off. Analysis by Warwick University, the London School of Economics and the Resolution Foundation of previously confidential HMRC data showed that the top 1% had a growing and much bigger slice of income than previously thought. - Guardian.
EasyJet to start flying again on 15 June
EasyJet said it would begin to restart flying on 15 June with extra measures to reduce the risk of infection from Covid-19.