Sajid Javid is to push for lockdown to end “as soon as possible” over fears of the "cost" of shutting down the economy. The newly appointed Health Secretary, who replaced Matt Hancock after he was forced to resign for breaking lockdown rules to conduct an affair with an aide, said on Sunday it was his "most immediate priority to see to see that we can return to normal as soon and as quickly as possible". - Sunday Telegraph.
Major indices were mixed early on Monday amid renewed hopes for the passing of Joe Biden's $1. 0trn bipartisan infrastructure deal, a strong start to the session for tech stocks and early losses for some big-name energy firms.
Major indices put on a mixed performance on Monday amid renewed hopes for the passing of Joe Biden's $1. 0trn bipartisan infrastructure deal, a strong session for tech stocks and losses for some big-name energy firms.
European shares tumbled into the red on Monday with travel stocks under pressure after Germany pushed the European Union to designate the UK a "country of concern" and introduce strict quarantine measures for British travellers.
London stocks closed further into negative territory on Monday, with travel and leisure firms under the cosh.
Analysts at HSBC downgraded their recommendation for shares of M&G and St. James's Place from 'buy' to 'hold'.
Hong Kong announced plans to ban all passenger flights from the United Kingdom starting from 1 July Thursday to curb the spread of the Delta variant of COVID-19.
Carnival posted a significantly narrower first quarter loss but continued to incur in heavy losses because most of its operations remained suspended.
Capita revealed on Monday that chief financial officer Tim Weller had acquired 255,521 ordinary shares in the FTSE 250-listed outsourcer and government contractor.
Middle East and North Africa-focussed SDX Energy announced the successful completion of the initial three-well phase of its 2021 drilling campaign in Morocco on Monday, which would comprise up to a total of five wells over the year.
Nissan is set to announce an expansion of its battery production in Sunderland which will create thousands of jobs for UK workers.
Analysts at Barclays stood by their 'overweight' recommendation for shares of Harbour Energy, highlighting to clients the outfit's "significant leverage" to near-term commodity prices.
London’s FTSE 250 was down 0. 3% at 22,577. 26 in afternoon trade on Monday.
Consumer home-testing healthcare company MyHealthChecked announced the acquisition of 100% of the outstanding share capital of Nell Health, which provides genetic testing and personalised nutrition services, for initial consideration of £1. 202m.
St James Place: HSBC downgrades to hold with a target price of 1,525p.
The United States said on Sunday it had carried out a round of air strikes against Iran-backed militia in Iraq and Syria.
London’s FTSE 100 was down 0. 7% at 7,087. 76 in afternoon trade on Monday.
The Financial Reporting Council is to investigate recent audits of both Greensill Capital UK and Sanjeev Gupta’s Wyelands Bank, it emerged on Monday.
Lloyd's of London insurer Hiscox has reached an agreement with the Hiscox Action Group over business interruption losses caused by the Covid-19 pandemic, it was announced on Monday.
Footfall across all retail destinations was largely flat last week, industry data showed on Monday, as changing weather conditions kept people away.
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