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FTSE 250 movers: Micro Focus tumbles; Plus500 rallies
London’s FTSE 250 was down 1. 2% at 17,340. 80 in afternoon trade on Tuesday.
FTSE 100 movers: Whitbread falls after update; GVC gains
London’s FTSE 100 was down 1. 6% at 6,187. 66 in afternoon trade on Tuesday.
Micro Focus shares slump as it swings to interim loss
Shares of Micro Focus slumped on Tuesday after the software company said it swung to an interim loss as it recorded a goodwill impairment charge related to the Covid-19 outbreak and struck a cautious note on the outlook.
UK house prices fall in June but mortgage enquiries surge - Halifax
UK house prices fell for the fourth month in a row in June as the Covid-19 crisis continued to take its toll, but new mortgage enquiries surged, according to a survey released by Halifax on Tuesday.
Polypipe to cut 250 jobs but says trends improving
Polypipe announced plans on Tuesday to cut around 250 jobs due to the impact of the coronavirus pandemic, but said it had seen an improvement in trading since its last update in May.
London midday: Stocks fall further as EC cuts growth forecasts
London stocks had fallen further into the red by midday on Tuesday as the European Commission slashed its growth forecasts, with concerns about a rise in new coronavirus cases continuing to weigh on sentiment.
Novavax awarded $1.6bn in coronavirus vaccine funding
Novavax said on Tuesday that it has been awarded $1. 6bn in government funding to develop its Covid-19 vaccine.
London open: Stocks fall amid renewed coronavirus worries
London stocks fell in early trade on Tuesday following strong gains in the previous session, amid renewed concerns about rising coronavirus infections.
German industrial production rises less than expected in May
German industrial production rebounded in May, albeit less than expected, according to figures released by Destatis on Tuesday.
London pre-open: Stocks seen muted amid renewed Covid concerns
London stocks were set for a muted open on Tuesday following strong gains in the previous session, amid renewed concerns about rising coronavirus infections.
Tuesday newspaper round-up: Gambling, High Street spending, Wirecard
An anti-gambling charity has called on banks to improve card blocking systems introduced to help those whose gambling is out of control after it emerged 40% of current accounts offer no help in this area. Research on behalf of GambleAware found that just eight financial companies offered customers the chance to block future payments to gambling sites. – Guardian.