Latest News
London pre-open: Stocks to edge up after retail sales, borrowing data
London stocks were set to edge higher at the open on Friday following losses in the previous session, as investors digest the latest UK retail sales and borrowing data.
Sage lifts dividend, Hochschild reinstates its distribution
London open The FTSE 100 is expected to open four points higher on Friday, having closed down 0. 8% on Thursday at 6,334. 35.
Friday newspaper round-up: Marks & Spencer, Starling, Hinkley Point B
The fashion chains Peacocks, Jaeger, Austin Reed and Jacques Vert have collapsed into administration, putting nearly 4,800 jobs at risk. The retailers are all part of entrepreneur Philip Day’s Edinburgh Woollen Mill Group (EWM), which warned last month it was on the brink of collapse. The Cardiff-based budget fashion chain Peacocks, which Albert Peacock founded as a penny bazaar in Warrington, Cheshire, in 1884, employs 4,369 staff across its 423 stores. - Guardian.
Hochschild reinstates dividend, cuts cost estimate
Hochschild Mining reinstated its dividend and said operating costs in the current financial year would be lower than previous guidance.
US close: Stocks finish firmer even as jobless claims rise
Wall Street stocks closed higher on Thursday, even amid the ever-growing number of fresh Covid-19 cases across the US, and a surprise increase in jobless claims.