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London close: Stocks finish weaker on London lockdown fears
London equity markets remained seriously depressed by the close on Monday, with travel, hospitality and leisure stocks all under the cosh as investors mulled the prospect of tougher lockdown restrictions.
FTSE 100 movers: IAG tanks amid Covid fears; supermarkets rise
London’s FTSE 100 was down 3% at 5,828.13 in afternoon trade on Monday amid worries about rising Covid cases and tougher restrictions.
Urban Logistics raising up to £130m to fund its pipeline
Urban Logistics REIT announced a proposed placing to raise around £100m, and a retail open offer and institutional offer to raise up to £30m on Monday, to acquire its identified pipeline of logistics properties.
London midday: Stocks tank amid lockdown fears
London equity markets had tanked by midday on Monday, with travel, hospitality and leisure stocks all under the cosh as investors mulled the prospect of tougher lockdown restrictions.
Illumina to take back control of Grail in $8bn deal
US healthcare firm Illumina is to take full control of blood test specialist Grail in a $8bn cash and stock deal, it was announced on Monday.
London pre-open: Stocks to fall amid Covid-19 worries
London stocks were set to fall at the open on Monday amid concerns about rising coronavirus cases in the UK and abroad and the prospect of further restrictions in London.
Nikola shares plummet after founder and chairman steps down
Nikola shares plummeted further after the company's executive chairman and founder announced that he would be stepping down.
Brexit and lockdown hit John Lewis of Hungerford
Kitchen, bedroom and freestanding furniture manufacturer John Lewis of Hungerford reported annual sales of £5.55m in a trading update on Monday, down from £8.31m year-on-year, with the year being split into three distinct phases.
Landore buys half of remaining smelter return at Lamaune Lake
Landore Resources announced on Monday that its wholly-owned subsidiary Landore Resources Canada has entered into an agreement to acquire half of the 2% net smelter returns royalty that is held on its 90.2%-owned Lamaune Lake Property in Ontario.
AstraZeneca 'under fire' for vaccine safety, NYT says
AstraZeneca disclosed details of its Covid-19 vaccine trials at the weekend to address criticism around pharmaceutical companies' transparency and avoid the risk of engendering skepticism in the public about the safety of any potential vaccines.
Network International says not aware of any reason for share price slump
Payments processor Network International said on Monday that it is not aware of any reason for the slump in its share price.
Billington secures £21m worth of new contracts
Steel and construction safety solutions group Billington said on Monday that it had been awarded three contracts with a combined value of £21.0m.
Go-Ahead and FirstGroup get extensions to Covid rail bail-outs
The Department for Transport confirmed extensions to the emergency measures on a number of rail franchises on Monday, protecting operators from continued depressed passenger demand as a result of the Covid-19 pandemic.
Superdry warns on covenants as loss widens
Superdry said Covid-19 had disrupted its revival plan and its bank covenants could come under pressure as the fashion brand reported a wider annual loss.
Beximco Pharmaceuticals gets eighth FDA approval
Generic drugs manufacturer Beximco Pharmaceuticals has received US Food and Drug Administration (FDA) approval for flecainide acetate 50mg, 100mg and 150mg tablets), it announced on Monday.
Nakama sees 'immediate and significant impact' from Covid-19, delays FY results
Recruitment consultancy Nakama said on Monday that 2020 had been a "challenging and unprecedented" year for the group, with the Covid-19 pandemic having an "immediate and significant impact" on trading.
Tern swings to profit after decent first half
Technology-focussed investment company Tern reported net assets of £19.9m at the end of its first half on Monday, rising from £17.48m year-on-year, although its current assets slid to £0.96m from £2.15m.
Sunday newspaper round-up: Coronavirus, UK taxes, Wheaton Precious Metals
Britain’s most senior government scientists will make a direct appeal to the public on Monday, warning that the coronavirus trend is “heading in the wrong direction” and “a critical point has been reached”. As Downing Street considers imposing nationwide curbs to contain a sharp jump in cases, the chief medical officer for England, Chris Whitty, will make a rare live televised address alongside the UK chief scientific adviser, Sir Patrick Vallance. - Guardian