Financial markets' focus over the coming week is likely to remain firmly on the Covid-19 pandemic and global attempts to rein it in and stop it.
European shares extended losses at the end of the week as fears of extended Covid travel curbs on the continent, downbeat UK retail sales and weak business survey readings all hit sentiment.
The Prime Minister said there was "some" evidence that the strain of Covid-19 first detected in the UK may be more lethal as well as more easily transmitted.
Nissan claimed on Friday that Brexit had given the carmaker an edge because now it would purchase more batteries within the UK in order to avoid tariffs.
London stocks closed in negative territory on Friday, as weak data and worries about the effect of prolonged lockdowns and travel restrictions knocked sentiment.
The FTSE 100 ended the week 40. 64 points lower, closing at 6,695. 07 on Friday.
Analysts at Canaccord Genuity raised their target price on financial services firm Hargreaves Lansdown from 1,493. 0p to 1,695. 0p on Friday following the strong market rally into the 2020 calendar year-end.
Budget airline Wizz Air has taken on board feedback from shareholders who voted down the pay of executive directors at the company’s annual meeting last year and will be incorporating it into the remuneration policy to be presented at the next AGM.
88 Energy updated the market on its operations in the NPR-A region of the North Slope of Alaska on Friday, saying it was currently seeking clarification on a recently-announced 60-day suspension of authority for Department Bureaus and Offices in relation to the issue of new drilling permits on federal land by the US Department of the Interior.
Rolls-Royce Holdings has hired the headhunter, MWM Consulting to help identify its next chairman.
Vela Technologies announced on Friday that, between 12 and 20 January, it disposed of its entire holding of 272,000 shares in BlockchainK2 at prices between 86 Canadian cents and CAD 1. 5255 per share.
Draper Esprit revealed on Friday that chief portfolio officer Stuart Chapman had disposed of 300,000 ordinary shares in the AIM-listed venture capital firm.
London’s FTSE 100 was down 0. 5% at 6,685. 26 in afternoon trade on Friday.
Unite members working at Heathrow Airport will undertake renewed strike action in February in response to the increasingly “bitter” dispute with the company.
Sales of second-hand homes in the States sped past forecasts at the end of 2020, taking the full-year increase to its highest level since before the Great Financial Crisis.
London’s FTSE 250 was down 0. 9% at 20,613. 61 in afternoon trade on Friday.
Wall Street stocks opened in the red on Friday as market participants continued to mull over Joe Biden's Covid-19 stimulus plan.
Business activity in the US jumped at the start of 2021 amid hopes that Covid-19 vaccines would put an end to the pandemic and in anticipation of the new administration's policies, the results of two surveys showed.
British Land: Deutsche Bank upgrades to buy with a target price of 490p.
Ford Motor announced on Thursday that it will recall 3m vehicles due to faulty airbag inflators at a cost to the company of $610m.
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