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Travis Perkins H1 sales fall 20% due to Covid lockdown
Builders’ merchant Travis Perkins reported a 20% fall in first-half revenues on Tuesday as its performance was dented by the coronavirus lockdown, but trends are improving.
Virgin Money UK yet to see 'significant' increase in credit losses due to pandemic
Virgin Money UK reported a decline in net interest margins during the third quarter of its financial year, even as its deposits and business loans continued growing.
Greencore Q3 revenues decline; agrees sale of molasses businesses
Irish convenience food group Greencore posted a drop in third-quarter sales on Tuesday as it took a hit from the Covid-19 pandemic, and announced the sale of its molasses businesses.
London pre-open: Stocks seen up on positive US cues
London stocks were to rise at the open on Tuesday following a positive session on Wall Street.
First half profits rise for Fresnillo, Reckitt Benckiser interim revenue grows
London open The FTSE 100 is expected to open 16 points higher on Tuesday, having closed down 0. 31% at 6,104. 88 on Monday.
St.James's Place posts better-than-expected 1H FuM, still cautious on payout
Asset manager St. James's Place beat analysts' estimates on many metrics for the second half of its financial year, posting funds under management of £115. 7bn, with both gross inflows and net inflows edging past forecasts.
Tuesday newspaper round-up: Unemployment benefits, stamp duty cut, restaurants, Boohoo
The number of people claiming unemployment benefits per job vacancy in Britain has increased fivefold since the onset of the coronavirus pandemic, according to an employment thinktank. The Institute for Employment Studies (IES) said approximately eight people are claiming benefits support for every job opening, up from 1. 5 people per job before the crisis began in March. – Guardian.