The Covid-19 pandemic could lead to around 700,000 redundancies in the autumn of 2020, revealed the latest analysis from the Institute for Employment Studies.
Wall Street stocks closed higher on Monday as a raft of corporate deals and optimism around a Covid-19 vaccine led a broad market rally.
European stocks finished the session on a mixed note, despite news at the weekend that AstraZeneca has resumed the key clinical trial for the Covid-19 vaccine candidate that it's developing with the University of Oxford.
Investors' attention on Tuesday will be on the People's Republic of China, where a raft of economic data are set for release.
London’s top-flight index closed below the waterline on Monday, despite a flurry of merger and acquisition news and Covid-19 vaccine hopes.
Aviva revealed on Monday that chief executive Amanda Blanc had acquired 324,887 ordinary shares in the FTSE 100-listed savings, retirement and insurance business.
Proteome Sciences announced on Monday that Dr Mariola Söhngen has been appointed as a director and its chief executive officer, taking up the position on 15 September.
Liberum downgraded its stance on shares of budget airline Ryanair to ‘hold’ from ‘buy’ on Monday, as it said the stock was "best in class" but risks are balanced.
Intellectual property investment company Frontier IP announced on Monday that Innovate UK has awarded its portfolio company Fieldwork Robotics an £84,000 continuity grant to accelerate the development of its agricultural robot technology during the Covid-19 pandemic.
European stocks have come off their earlier highs despite the boost to sentiment from Covid-19 vaccine hopes.
Swiss lenders UBS and Credit Suisse are allegedly exploring a possible tie-up, in a move that would create one Europe’s biggest banks, it was reported on Monday.
Chinese tech company ByteDance has decided to reject Microsoft's bid to buy video app TikTok and partner with Oracle instead.
Luxury fashion brand Burberry said on Monday that it has teamed up with Amazon-owned streaming service Twitch to livestream its spring/summer 2021 fashion show.
Analysts at Berenberg slightly lowered their target price on oilfield services provider John Wood Group from 300. 0p to 290. 0p on Monday.
Security services firm G4S confirmed on Monday that it had rejected a hostile 190p a share bid from privately-owned Canadian rival GardaWorld, saying it "significantly" undervalues the business and dismissing it as "highly opportunistic".
Wall Street stocks opened higher on Monday amid a raft of corporate deals.
London’s FTSE 250 was up 0. 4% at 17,621. 04 in afternoon trade on Monday.
The UK should take more action in the fight against climate change and become a global leader on the matter, the CBI Director-General Carolyn Fairbairn will say on Monday.
UK shares will not continue to underperform but they will fail to make up the ground lost to other countries, Capital Economics said as it cut forecasts for the FTSE 100 in 2020 and 2021.
House prices could fall by as much as 14% next year, according to analysis by the Centre for Economics and Business Research, hurt by the long-term economic impact of Covid-19.
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