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IPF collections, lending increase as Covid-19 lockdowns lifted
Doorstep lender International Personal Finance said it collected more money in June and started to offer more credit as coronavirus lockdowns in Europe were lifted.
High street shows green shoots of recovery despite slide in footfall
Shopping habits started to show tentative signs of recovery in June as lockdown measures were eased, industry data showed on Friday.
Friday preview: US producer prices, French industrial production in focus
The main economic report scheduled for release at the end of the week is for producer prices in the US during the month of June at 1330 BST.
Thursday broker round-up
Hargreaves Lansdown: Berenberg reiterates hold with a target price of 1,830. 0p.
US close: Mixed performance on the Street following jobless data
Wall Street stocks turned in a mixed performance on Thursday, with the Dow Jones crossing below the 26,000 barrier following this week's jobless claims data.
London close: Stocks finish weaker as pandemic fears roll on
London equity markets finished weaker on Thursday, with Rolls-Royce pacing the decline after a first-half trading update, while a firmer pound also weighed on stocks.
Broker tips: Hargreaves Lansdown, Non-Standard Finance
Analysts at Berenberg hiked their target price on asset manager Hargreaves Lansdown from 1,705p to 1,830p on Thursday, stating the firm had experienced a "step-change in customer growth" during the UK's Covid-19 lockdown.
Director dealings: Toople CEO makes share purchase
Toople revealed on Thursday that chief executive Andy Hollingworth had acquired 10. 59m ordinary shares in the London-listed internet services provider.
Angus Energy strikes gas construction deal with National Grid
Angus Energy updated the market on progress made on its interests at Saltfleetby on Thursday, reporting that its wholly-owned subsidiary Angus Energy Weald Basin No. 3 has entered into a gas construction agreement with National Grid.
Allergy Therapeutics pleased with invalidation of B301 trial data
Biotechnology company Allergy Therapeutics announced the outcome of scientific advice from the German Regulatory Authority, the Paul Ehrlich Institute (PEI), over invalidation of the primary endpoint data of the Birch MATA MPL pivotal phase 3 clinical trial, or ‘B301’, on Thursday.
Job losses mount after Sunak's summer statement
Less than 24 hours after Rishi Sunak unveiled his "plan for jobs", Boots, John Lewis and Burger King announced about 7,000 potential job cuts, raising fears about surging unemployment as the Covid-19 crisis takes its extended toll.
Eurostar looks to cut pay costs as rail union calls for govt support
UK rail unions called on the government to protect jobs at cross-channel rail operator Eurostar as the firm looked to cut payroll costs to deal with the impact of the coronavirus pandemic on services.
FTSE 250 movers: Micro Focus loses ground; Grafton gains
London’s FTSE 250 was down 0. 3% at 17,133. 74 in afternoon trade on Thursday.
Shares rally as SAP reports better-than-expected quarter
Shares in SAP rallied on Thursday after the German software giant reported a better-than-expected set of second-quarter figures.
Liberum lowers target price on Non-Standard Finance
Analysts at Liberum slashed their target price on home credit provider Non-Standard Finance from 47p to 24. 3p on Thursday but stood by their 'buy' rating on the group.
US open: Dow falls below 26,000, wipes out Wednesday's gains
Wall Street stocks opened mixed on Thursday, with the Dow Jones crossing below the 26,000 barrier following this week's jobless claims data.
FTSE 100 movers: Rolls-Royce retreats; Persimmon leads housebuilders higher
London’s FTSE 100 was down 0. 8% at 6,109. 37 in afternoon trade on Thursday.
Advanced Medical Solutions expects Covid impact to tail off through second half
Advanced Medical Solutions Group updated the market on its trading on Thursday, reporting “significant progress” in a number of areas, despite the adverse impact of Covid-19.
Berenberg raises target price on Hargreaves Lansdown
Analysts at Berenberg hiked their target price on asset manager Hargreaves Lansdown from 1,705p to 1,830p on Thursday, stating the firm had experienced a "step-change in customer growth" during the UK's Covid-19 lockdown.
John Lewis to close eight stores, putting 1,300 jobs at risk
Up to 1,300 jobs were put at risk on Thursday after the John Lewis Partnership confirmed it would not reopen eight stores post coronavirus lockdown.