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Unite sells shares at 3.1% discount, hails 'strong' investor support
Unite Group has successfully completed its placing of shares in the company for gross proceeds of approximately £300. 0m.
German consumer sentiment improves more quickly than expected in July, GfK says
The consumer climate was expected to continue improving in July, although the latest Covid-19 lockdowns might act as a drag.
LondonMetric makes two new property acquisitions
LondonMetric Property announced two acquisitions for a total consideration of £72. 9m on Thursday, with both transactions having previously been identified by the company at the time of its recent equity placing.
LSE poaches Johnson Matthey CFO Anna Manz
The London Stock Exchange has appointed Anna Manz - currently chief financial officer of Johnson Matthey - as its new CFO with effect from 21 November.
London pre-open: Stocks set for more losses amid second wave fears
London stocks were set to edge lower on Thursday following heavy losses in the previous session, amid growing concerns about a rise in new coronavirus infections in the US.
Thursday newspaper round-up: Wage subsidies, Tata Steel, Quiz
Labour has warned Rishi Sunak that the Treasury’s one-size-fits-all approach to ending wage subsidies risks a period of mass unemployment that will reverse much of the good done by the furlough. Writing for the Guardian, the shadow chancellor, Anneliese Dodds, called on Sunak to use his planned summer statement next month to extend financial support to vulnerable sectors beyond the October deadline for winding up the scheme. - Guardian.
BAE Systems says H1 profit to fall but demand is high
BAE Systems said first-half profit would fall by about 15% because of Covid-19 disruption but that demand for its services was high and it expects much stronger trading in the second half.
US close: Stocks record heavy losses amid rise in number of new Covid-19 cases
Wall Street stocks closed sharply lower on Wednesday as market participants digested trade rumours and an ever-increasing number of new Covid-19 cases.