The UK's vaccination programme is having "spectacular" success in reducing the number of serious illnesses, the results of a study showed.
Wall Street stocks closed mostly lower on Monday ahead of Senate testimony from Federal Reserve chairman Jerome Powell tomorrow.
Cyclicals were clearly in the lead at the start of the week, but failed to fully offset the drag from rising government bond yields on the other side of the Atlantic.
European shares finished lower at the start of the week, although gains for cyclicals helped to offset weakness in the more interest rate-sensitive areas of the market.
London stocks finished just below the waterline on Monday, as investors digested Boris Johnson’s plans to gradually ease lockdown measures across England, amid worries about rising inflation.
The chief executive of the UK competition watchdog, the Competition and Market Authority, told the Financial Times on Monday that the regulator is ready to launch a series of antitrust probes into the practices of Big Tech.
The focus on Tuesday will be on the UK employment report for December which is expected to show only a moderate increase in the rate of unemployment for the three months to year-end.
Shoe Zone finance director Peter Foot has left the business, the company said on Monday, after only seven months in the job and two weeks before the publication of annual results.
Analysts at Canaccord Genuity slapped Air Partner's shares with a 'buy' rating on Monday after previously having the stock 'under review'.
Analysts at Berenberg lowered their target price on medical equipment manufacturer Smith & Nephew from £20. 05 to £19. 85 on Monday, stating the group had sacrificed today "for a better tomorrow".
Fulham Shore revealed on Monday that managing director Nabil Mankarious had disposed of 3. 88m ordinary shares in the AIM-listed restaurant operator.
Upstream oil and gas project investor Reabold Resources has entered into a conditional convertible loan instrument with Corallian Energy, under which it would advance £1m to Corallian.
London’s FTSE 250 was down 0. 5% at 20,938. 78 in afternoon trade on Monday.
Wall Street stocks opened firmly in the red on Monday ahead of Senate testimony from Federal Reserve chairman Jerome Powell tomorrow.
Domain name and web services provider CentralNic Group has entered into a binding agreement to acquire Wando Internet Solutions for initial consideration of €5. 4m (£4. 67m), it announced on Monday.
North America-focussed base and precious metals producer Phoenix Copper has drawn down on a £2m debt facility, it announced on Monday, to accelerate development of the Empire Mine open pit copper project in Idaho.
Aircraft maker Boeing has recommended grounding more than 120 of its 777 jets worldwide after a catastrophic engine failure on a United Airlines plane over Denver on Saturday.
London’s FTSE 100 was down 0. 4% at 6,598. 36 in afternoon trade on Monday.
Pub group Mitchells & Butlers said sales had plunged almost 70% amid tighter Covid-19 curbs as it launched a £351m placing to shield its balance sheet from the coronavirus pandemic.
Africa-focussed energy company Chariot Oil & Gas has signed a collaboration agreement with Subsea Integration Alliance, it announced on Monday, to enable the front-end design, engineering, procurement, construction, installation and operation of the Anchois Gas Development project in Morocco.
Important Legal Notice about News Sources: Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news and we may not share the views of the author or publisher. We provide third party news for your convenience and information only and make no representation or endorsement whatsoever and hereby exclude all liability for any loss or damage that may be incurred by you as a result of your access or use. Please note that third party content may be subject to terms and conditions imposed by the third party owner of that content.