The Mail on Sunday's Midas column touted data-storage specialist Restore as a 'buy', calling attention to the resilience of its storage division despite the Covid-19 pandemic and strong demand at its IT unit.
The City is braced for a cut to BT’s £1. 5bn dividend — a move that would send pain through its army of retail shareholders after a wave of blue-chips slashed payouts amid the Covid-19 crisis. The board meets this week to decide whether to keep the dividend, one of the 20 biggest in the FTSE 100 index. More than 40 leading companies have cancelled £16. 5bn of payouts this year, according to the broker Peel Hunt, including all the banks. Shell stunned the market by cutting its dividend by two-thirds on Thursday.
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