Clarkson lifts annual guidance as global markets recover

Shipping broker Clarkson on Monday lifted annual profits guidance as the global economy recovers from the impact of Covid-19.

The company said it now expected underlying profit before tax to be at least £65m, with performance strong across all divisions, especially in finance and broking.

Demand for shipping capacity has soared as companies clamour for containers to move raw materials and goods to factories around the world.