Full List Of Stories
FTSE 250 movers: Petropavlovsk powers higher; Hastings takes a hit
London’s FTSE 250 was up 1. 2% at 17,186. 21 in afternoon trade on Friday.
Standard Life Aberdeen sells nearly all of its Boohoo shares
Asset manager Standard Life Aberdeen confirmed on Friday that it had sold most of its shares in fast-fashion retailer Boohoo, arguing that its response to allegations of poor working conditions at supplier factories was "inadequate".
OpCapita, Sycamore Partners looking to buy Clarks stake - report
The owner of football gaming company Football Pools was said on Friday to be looking to buy a stake in beleaguered shoe retailer Clarks.
Peel Hunt lifts Avast price target on higher revenue expectations
Peel Hunt upped its price target on cybersecurity company Avast to 355p from 322p on Friday, citing higher revenue expectations as people spend more time on their computers due to the Covid-19 pandemic.
Hastings slumps as Goldman Sachs places 22m shares
Hastings was under the cosh on Friday after Goldman Sachs placed 22 million shares in the insurer.
London midday: Stocks turn higher despite Covid concerns
London stocks had shaken off early losses to trade higher by midday on Friday despite ongoing concerns about a rise in new coronavirus cases and a gloomy economic forecast from ratings agency Moody’s.
Citi downgrades Vistry, sees better value elsewhere
Citi downgraded its stance on shares of Vistry to ‘neutral’ from ‘buy’ on Friday as it tweaked its estimates to reflect "a slower fixed cost absorption on the back of the Covid-19 disruption".
Focusrite to pay dividend, says FY results will beat market views
Focusrite said on Friday that results for the year to the end of August are likely to be ahead of market expectations amid increased demand for its products during lockdown and that it will pay an interim dividend.
London open: Stocks fall amid fears over new coronavirus cases
London stocks fell in early trade on Friday amid ongoing concerns about a jump in new coronavirus cases.
Restaurant Group says 10% of sites will remain closed this year
Restaurant Group said on Friday that 10% of its estate will remain closed for the rest of the year as the coronavirus pandemic continues to dent footfall and that it has accessed £50m in government support.
London pre-open: Stocks seen muted amid ongoing Covid-19 concerns
London stocks were set for a muted start on Friday following heavy losses in the previous session as investors continue to fret about the coronavirus pandemic.
Friday newspaper round-up: No-deal Brexit, City landlords, Hinkley Point
Pub and restaurant chains traded at half their pre-pandemic levels after reopening across England last weekend, as consumers proved to be wary of visiting their local or eating out. Among those pubs that did open, sales on 4 July and 5 July were 45% below pre-Covid levels, the analysis found. According to the Coffer Peach Business Tracker, which collates sales figures from 32 pub chains, about four out of 10 chain pubs began serving drinks again last weekend after being closed for nearly four months.