The economic spotlight will be on the US on Tuesday, with durable goods orders figures for June set for release.
The water regulator will permit water suppliers to raise prices for businesses and other non-household customers from next year, in a bid to offset the costs of higher amounts of bad debt amid the Covid-19 pandemic.
Analysts at Berenberg hiked their target price for shares of Ultra Electronics sharply, from 2,730. 0p to 3,500. 0p and labelled the takeover proposal tabled by Cobham "attractive".
Tesco Bank on Monday said it was closing its current account operation from November, leaving 213,000 customers to make new arrangements.
Aon and Willis Towers Watson have abandoned a $30bn merger that would have created the world’s biggest insurance broker, after the US Department of Justice objected on competition grounds.
North Sea-focussed exploration and production company Longboat Energy updated the market on its operations on Monday, reporting that at the Egyptian Vulture exploration well, it had been informed by the operator Equinor ASA that the prospect, where it holds a 15% working interest was on-track to spud in late August, using the West Hercules semi-submersible drilling rig.
DeepVerge updated the market on its operations on Monday, reporting that additional investment from its recent £10m placing had facilitated the completion of a laboratories upgrade in York, providing capacity for processing up to 20,000 ‘Skin Trust Club’ home test kits each month for the UK market, subject only to delivery of gene sequencing machines, which was expected in early September.
TP Group announced the completion of a “detailed review” of its business on Monday, reporting that it had identified a number of opportunities to “significantly improve” performance.
UK online bank Starling said it has bought specialist buy-to-let mortgage lender Fleet Mortgages in a £50m cash and share deal.
Information systems and transport technical services company Journeo has secured a tender valued at £0. 8m for real-time passenger information (RTPI) systems and services for Aberdeenshire County Council, it announced on Monday.
Broadcaster ITV has agreed to invest £2. 5m in cash for a minority shareholding in Live Tech Games, a platform that combines mobile entertainment and live gaming tournaments.
US private equity investor Coast Capital on Monday escalated its war on First Group as it called for the resignation of the transport firm’s chief executive Matthew Gregory, along with two other board members.
US medical diagnostic company PerkinElmer has agreed to buy BioLegend, a provider of life science antibodies and reagents, for around $5. 25bn in cash and shares.
The Environment Agency said on Monday that waste management company Biffa has been found guilty of exporting more than 1,000 tonnes of household waste to Asia.
Engineering and technical recruitment company RTC Group announced its unaudited results for the six months ended 30 June on Monday, with group revenue from continuing operations totalling £40. 5m, up from £39. 9m a year earlier.
K3 Business Technology reported first half results from continuing operations in line with its expectations on Monday, with revenue steady at £23. 2m, compared to £23. 1m a year earlier.
Galantas Gold announced the imminent start of an initial first phase surface and underground exploration programme, comprising 4,000 metres of diamond drilling, at the Omagh gold mine in Northern Ireland on Monday.
Cryptocurrency prices surged on Monday amid market rumours that Amazon could soon accept Bitcoin tokens as payment after the e-commerce giant advertised for a digital currency and blockchain product lead.
Science Group reported record first half results on Monday, ahead of its upgraded expectations, with group revenue growth of 10% to £40. 7m, and 16% on a constant currency basis.
Video games developer TinyBuild said on Monday that its first half performance was in line with expectations, as it signed seven new games, taking the current pipeline to 26.