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FTSE 250 movers: Bakkavor up on stake sale; warning hits Crest Nicholson
FTSE 250: 19,123. 93, -0. 38% .
South West Water accused of not being honest over drought projections
Shares in Pennon Group fell on Monday after its South West Water arm was accused on Monday of not being honest with regulators over how prepared it was for a drought in 2022.
PageGroup warns on profits, cuts staff as firms delay hirings
Recruitment specialist PageGroup said 2023 full year operating profit was expected to be slightly below previous guidance as risk-averse employers delayed hiring decisions globally.
Europe midday: Shares slip on German, EZ data; Atos slumps
European shares slipped into the red on Monday as weak German GDP and eurozone industrial production data hit sentiment, while a cash flow warning from French IT firm Atos also dampened the mood.
EZ industrial production falls in November
Eurozone industrial production fell 0. 3% in November on a monthly basis, as the single currency bloc continued to struggle amid inflationary pressures, according to official data published on Monday.
Commerzbank merger talk back as Germany ponders sales - report
Commerzbank was in focus on Monday on speculation a potential merger with Deutsche Bank could be on the table as the German government looks to offload its 15% holding.
Europe open: Shares up on quiet day; Atos slumps on cash flow warning
European shares made a subdued start to the week with a quiet day expected due to the Martin Luther King holiday in the US, although French IT firm Atos was in focus after a warning on cash flow and appointment of a new chief executive.
UK average house prices rise 1.3% - Rightmove
Average UK house prices rose 1. 3% last month, posting the largest jump in three years amid signs the market was starting to ease, according to a Rightmove survey published on Monday.