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Wetherspoon warns of profit hit from 'arbitrary' Covid rule changes
Discount pub chain JD Wetherspoon warned of a hit to first half profits, blaming what it called “arbitrary” Covid rule changes by the UK government.
US close: Stocks lower as omicron fears weigh on sentiment
Wall Street stocks closed lower on Monday as the Covid-19 omicron variant was back in focus.
Tuesday preview: UK employment, US producer prices in focus
The focus in financial markets on Tuesday will be on the October employment report with investors keen to assess the first full month of data following the end of the government's furlough scheme.
London close: Stocks weaker as Omicron fears take hold
London stocks finished lower on Monday, with selling pressure particularly strong among travel and leisure names as the government stepped up its response to the ‘Omicron’ variant of Covid-19.
Delays for NHS Covid booster jabs as test supplies suspended
Britain’s National Health Service found itself under pressure once again as people rushed to get Covid booster jabs and the first death was reported from the Omicron variant of the virus, with reports of long queues at vaccination centres and online booking systems crashing.
FTSE 250 movers: Travel names unloved, Jupiter Fund Management outperforms by a mile
London's second-tier index endured heavy selling after the Prime Minister warned on Sunday that the UK was facing a "tidal wave" of Covid-19 infections due to the new Omicron variant.
Liberum stays at 'buy' on SourceBio following emergence of Omicron
Analysts at Liberum reiterated their 'buy' recommendation and 190. 0p target price on shares of SourceBio International, telling clients that there was room for the company to beat its estimates for 2022 following the appearance of Omicron.
FTSE 100 movers: Oil majors, banks drag top-flight index lower
Big oil and lenders' shares were the main drag on London's top-flight index at the start of the week as the Organisation of Petroleum Exporting Countries predicted that the impact of the Omicron variant on the global economy would be "mild".
Broker tips: Royal Mail, K3 Capital Group
Analysts at Berenberg upgraded Royal Mail from 'hold' to 'buy' on Monday, stating it was now a "new era" for the firm.
Oil futures slip after OPEC says it expects Covid-19 impact to be "mild"
The Organisation of Petroleum Exporting Countries revised its forecasts for global crude oil demand in 2021 and 2022, but said it expected the impact of the Omicron variant to be "mild".
Canaccord Genuity lowers target price on K3 Capital
Analysts at Canaccord Genuity lowered their target price on professional services business K3 Capital Group from 452. 0p to 414. 0p on Monday following the company's trading update for the six months ended 30 November.
Royal Mail sells last 3 Nine Elm plots for £112m
Royal Mail on Monday said it had exchanged contracts to sell the last three remaining plots on its Nine Elms Park site to London Square for £111. 2m.
Director dealings: Gear4music CEO nets £12m in institutional sale
The founder and chief executive officer of musical instruments and equipment retailer Gear4music enjoyed a £12m payday on Monday, after he sold 1. 65 million shares in the company.
Europa Metals completes hydrogeological study on Toral project
Lead, zinc and silver developer Europa Metals announced the successful completion and results of an independent hydrogeological study on its wholly-owned Toral project in Spain on Monday.
US open: Stocks head south as omicron returns to focus
Wall Street stocks were in the red early on Monday as the Covid-19 omicron variant was back in focus.
N4 upbeat on cancer treatment progress, vaccine disappoints
Cancer treatment and vaccine delivery system developer N4 Pharma updated the market on data from its proof-of-concept programmes and ongoing activities on Monday.
Cora Gold reports further progress at Sanankoro project
West Africa-focussed gold company Cora Gold updated the market on its definitive feasibility study for the Sanankoro gold project in southern Mali on Monday, reporting that the key consultants and contractors appointed in September had now completed their site visits.
CMA to probe Microsoft purchase of software firm Nuance
The Competition and Markets Authority announced on Monday that it was probing the proposed acquisition of software company Nuance Communications by Microsoft Corporation.
UK house prices to return to 'normal' in 2022 - Rightmove
Britain’s hectic property market is expected to ease and return to more “normal” levels next year, but prices will still rise by 5%, according to data revealed by real estate platform Rightmove.
Berenberg upgrades Royal Mail to 'buy'
Analysts at Berenberg upgraded Royal Mail from 'hold' to 'buy' on Monday, stating it was now a "new era" for the firm.
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