Full List Of Stories
FTSE 250 movers: Micro Focus loses ground; Grafton gains
London’s FTSE 250 was down 0. 3% at 17,133. 74 in afternoon trade on Thursday.
FTSE 100 movers: Rolls-Royce retreats; Persimmon leads housebuilders higher
London’s FTSE 100 was down 0. 8% at 6,109. 37 in afternoon trade on Thursday.
Boots to cut more than 4,000 jobs due to pandemic
It was another grim day for the retail sector as pharmacy chain Boots joined department store John Lewis in announcing a round of job cuts due to the coronavirus pandemic.
GVC rallies after upping investment in joint venture BetMGM
Ladbrokes owner GVC Holdings rallied on Thursday after agreeing with joint-venture partner MGM Resorts to increase investment in its US sports betting and online gaming business.
London midday: Stocks lose ground as Rolls-Royce slumps, sterling gains
London equity markets had fallen into the red by midday on Thursday, with Rolls-Royce pacing the decline after a first-half trading update, while a firmer pound also weighed on stocks.
Toople interim losses widen but revenues grow
Toople, which provides telecoms services to SMEs, reported a widening of its interim losses on Thursday as it took a hit from restructuring costs, but a jump in revenue.
Charles Stanley FuMA rise in Q1 as trading activity increases
Wealth manager Charles Stanley reported a rise in first-quarter funds under management and administration (FuMA) on Thursday as trading activity increased.
Persimmon half-year revenues drop but recent demand 'positive'
Housebuilder Persimmon reported a drop in half-year revenues and completions on Thursday due to the coronavirus pandemic, but said demand since its reopening has been "positive".
London open: Stocks steady as Persimmon rallies, Rolls-Royce slumps
London stocks were steady in early trade on Thursday following weakness in the previous session, with gains in the housebuilding sector helping to offset heavy falls from the likes of Rolls-Royce and National Grid.
Workspace Q1 demand improves but activity well below pre-Covid levels
Office space provider Workspace said on Thursday that customer demand improved in the first quarter but that activity remains well below pre-Covid levels.
Grafton revenue hit by Covid but June 'more resilient' than expected
Building materials distributor Grafton Group posted a decline in revenue on Thursday due to the impact of the coronavirus but said trading in June was more resilient than expected.
London pre-open: Stocks to recover despite ongoing Covid concerns
London stocks were set to rise at the open on Thursday following losses in the previous session, despite ongoing fears about a rise in new coronavirus cases.
Thursday newspaper round-up: Jobs market, Uber Eats, Burger King, Brooks Brothers
The negative impact of the coronavirus lockdown on Britain’s jobs market appears to have been greatest in May before a partial recovery in June, according to the Office for National Statistics (ONS). Both demand for and supply of labour were affected by lockdown restrictions, and the temporary closure of non-essential businesses caused demand for labour to fall, leading to fewer job vacancies, the ONS found, by studying job advert data from the online job search engine Adzuna.