The Co-operative Group said on Thursday that it will repay £15. 5m in furlough support but will not pay back business rates relief despite reporting a surge in full-year profits.
Deliveroo has good growth prospects but it faces stiff competition and regulatory uncertainty, Berenberg said as it initiated coverage of the company's shares with a 'hold' rating.
Rail, traffic and rail software and technology company Tracsis reported a fall in revenue to £22. 2m in its first half on Thursday, from £26. 4m a year earlier.
Skin health science company SkinBioTherapeutics has initiated a research programme with the University of Manchester, it announced on Thursday, to investigate and develop microbiome formulations that support natural anti-inflammatory response to a range of environmental challenges.
Wall Street futures were mostly higher ahead of the bell on Thursday after the S&P 500 hit another record close in the previous session.
Brain health technology company Cambridge Cognition has won a contract with a new pharmaceutical client to provide cognitive assessments in an at-home clinical trial, it announced on Thursday.
Spanish health minister Carolina Darias announced on Wednesday that Spain would restrict use of the AstraZeneca shot to people over the age of 60.
Cybersecurity and defence company Corero Network Security has entered into a new borrowing facility for up to £3m with its existing banking partner, it announced on Thursday.
London stocks were up but off earlier highs by midday on Thursday, after the FTSE 100 hit its best level since the pandemic following dovish minutes from the US Federal Reserve.
European stock markets rose to new record levels at the opening bell on Thursday after the US Federal Reserve said it expected to keep loose monetary policy for “some time” until economic conditions improve sufficiently from the Covid pandemic.
European stock markets maintained record levels at midday on Thursday after the US Federal Reserve said it was content to keep monetary policy loose for “some time” until economic conditions improve sufficiently from the Covid pandemic.
Cinema operator Everyman Media swung to a loss in 2020 as a result of the Covid-19 pandemic and Downing Street's associated lockdown measures forcing it to shutter its sites for months at a time.
Deutsche Bank recommended sticking with Tui shares as it initiated coverage of the world's biggest travel and tourism company.
Citi upgraded its stance on shares of software company Sage on Thursday to ‘buy’ from ‘neutral’ as it pointed to improving news flow.
Asian stock markets closed in a mixed state on Thursday, with Hong Kong leading the gains, as investors digested the latest minutes from the US Federal Reserve overnight.
Homewares group Dunelm said it expected to finish the year “modestly ahead” of expectations as it reported a 16. 8% fall in third quarter sales, reflecting the impact of the latest national Covid lockdown.
The devolved Northern Irish government is set to meet on Thursday to discuss the ongoing riots in Belfast after a sixth consecutive night of disturbances.
Peel Hunt hiked its price target on Carnival on Thursday to 2,100p from 1,850p following the cruise operator’s first-quarter update a day earlier.
UK construction output rose at the fastest pace for more than six years in March as a revival in confidence spread across the sector.
Energy technology company Enteq Upstream said on Thursday that its trading results for the year ended 31 March were expected to be in line with expectations, with revenues in the region of $5. 0m and a breakeven adjusted underlying earnings performance.
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