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BoE says EU lenders' business unaffected in 'open' London
European Union banks’ branches in London should see no major change in how they are supervised after Brexit came into effect last month, the Bank of England said on Monday.
Annual UK retail sales slump to record low
UK retail sales slumped to a record low in 2020, industry research showed on Tuesday, after the high street saw little festive cheer in December.
Outlook for UK manufacturers in 2021 clouded by Brexit and Covid-19
A third of UK companies see a difficult landscape ahead for investment in Britain as Brexit comes into full force even as Covid-19 continues to obstruct normal trading.
Tuesday preview: US jobs, Fed in focus
Financial markets' focus on Tuesday will be on the US jobs market and the country's central bank.
Iconic bootmaker Dr Martens plans IPO
Classic British boot brand Dr Martens has unveiled plans to float on the London Stock Exchange.
Europe close: Stocks slip as rising Covid-19 infections drag on sentiment
European stocks finished lower on Monday as investors fretted over rising coronavirus cases across the Continent and mainland China and the prospect of tougher curbs hitting economies.
Pfizer and BioNTech boost target for 2021 Covid-19 vaccine output to 2.0bn doses
US drug giant Pfizer and German partner BioNTech have boosted their target for producing Covid-19 vaccine doses in 2021 by more than half.
London close: Stocks finish weaker amid further Covid jitters
London stocks closed in negative territory on Monday amid reports that Covid-19 restrictions in England were set to get even tougher.
Broker tips: Weir Group, Cairn Energy
Credit Suisse has downgraded Weir Group to 'neutral', arguing that the investment case for the engineer is less clear following the agreed disposal of its oil and gas business.
Director dealings: Maintel chairman boosts stake with hefty purchase
Maintel's non-executive chairman picked up a large batch of shares in the cloud and managed services outfit.
Epidemiologist warns France to consider closing borders with UK
French epidemiologist Arnaud Fontanet advised the Elysee on Monday that it should consider closing its borders with Britain and other countries with a strong presence of the new British Covid-19 variant.
US open: Stocks dip, but analysts remain positive pretty much
Stocks on Wall Street were on the back foot in early trading although analysts' comments on the outlook for shares remained constructive.
Novavax bosses sell $46m worth of stock with Covid-19 vaccine still in late trials
Top executives at US biotechnology company Novavax sold roughly $46m worth of the company's stock while its Covid-19 vaccine was still undergoing late stage clinical trials.
Lekoil appoints Michael Ajukwu as its new chairman
Nigeria and West Africa-focussed oil and gas exploration and development company Lekoil announced the appointment of Michael Ajukwu as its chairman on Monday, with immediate effect.
Diaceutics pleased with 2020 performance
Diaceutics updated the market on its trading in 2020 on Monday, reporting that its revenue and adjusted EBITDA for the year ended 31 December were expected to be around £12. 6m, down from £13. 4m, and £0. 5m, down from £2. 2m respectively, with EBITDA breakeven.
Virgin Atlantic to raise $230m via sale and leaseback of two planes
Virgin Atlantic is close to finalising a deal to raise just over $230m through a lease-back sale of two planes, in an attempt to try to sort out its accounts after being severely hit by the Covid-19 pandemic.
FTSE 250 movers: Signature Aviation surges on deal; leisure stocks drop
London’s FTSE 250 was down 1. 2% at 20,802. 66 in afternoon trade on Monday.
Tertiary Minerals upbeat on sampling results from Pyramid Project
Tertiary Minerals updated the market on its Pyramid Gold-Silver Project in Nevada on Monday, as well as some of its other projects, reporting that soil sampling results at Pyramid confirmed historic gold-in-soil anomalies over the minimum one kilometre strike.
FTSE 100 movers: JD Sports rallies on update; miners retreat
London’s FTSE 100 was down 0. 9% at 6,808. 78 in afternoon trade on Monday.
Open Orphan confirms first volunteer dosing of needle-free Covid vaccine
Specialist pharmaceutical services contract research organisation Open Orphan announced on Monday that the first volunteer had been dosed with the Codagenix needle-free intranasal Covid-19 vaccine, ‘COVI-VAC’.