Retail sales rose in March as the UK marked a year from the start of the first Covid-19 lockdown but most categories remained in decline, industry figures showed.
Wall Street stocks closed lower on Monday as investors awaited the beginning of the first-quarter earnings season and the release of some key inflation data later in the week.
European shares finishes on a mixed note in the opening session of the week on the back of weaker Asian markets.
London stocks closed in negative territory on Monday, even as England’s economy began to open up again after the third national lockdown, with investors cautious ahead of the US earnings season.
Analysts at Berenberg raised their target price on flooring manufacturer Victoria from 770. 0p to 1,000. 0p on Monday, stating the group was "trading well" and "ready" for mergers and acquisitions.
Apple and Google blocked a planned update for the NHS Covid-19 app that traces outbreaks of the virus in England and Wales.
ITV revealed on Monday that non-executive director Duncan Painter had acquired 82,087 ordinary shares in the FTSE 250-listed broadcaster.
The market spotlight will shift back towards Asia on Tuesday, albeit only briefly.
Tube manipulation specialist Tricorn Group announced on Monday that, according to its lending bank, its application for a second draw of its US Payroll Protection Program (PPP) loan, which it made in March, had been approved.
London’s FTSE 250 was down 0. 6% at 22,108. 88 in afternoon trade on Monday.
French MPs voted on Monday to ban short domestic flights that can be replaced by train journeys lasting two and a half hours or less.
Canadian satellite communications company Telesat announced on Monday that it would be launching its own low-earth-orbit satellite constellation to provide global high-speed broadband from space.
UK gas company Independent Oil and Gas announced the spudding of the Elgood development well, 48/22c-H1, on Monday.
Wall Street stocks were in the red early on Monday as investors awaited the beginning of the first-quarter earnings season and the release of some key inflation data later in the week.
London’s FTSE 100 was down 0. 2% at 6,901. 46 in afternoon trade on Monday.
Lloyds Banking Group: Deutsche Bank upgrades to buy with a target price of 50p.
Surface Transforms reported “stable” revenue in its preliminary results on Monday, at £1. 95m, compared to £1. 94m in the prior year.
Microsoft has agreed to buy Nuance Communications in an all-cash deal valued at $19. 7bn.
Dialight is looking for a new chief financial officer after Wai Kuen Chiang decided to leave after six months in the job.
The UK government has ordered an independent inquiry into David Cameron's lobbying efforts for Greensill, the finance company that collapsed in March.
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