Full List Of Stories
US new home sales beat expectations in July
Sales of new US single-family homes rose more than expected in July, according to figures released on Tuesday by the Commerce Department.
US consumer confidence deteriorates in August
US consumer confidence deteriorated in August as a rise in new coronavirus cases dented sentiment, according to a survey released on Tuesday.
FTSE 250 movers: Cineworld rallies again; James Fisher retreats
London’s FTSE 250 was down 0. 4% at 17,623. 74 in afternoon trade on Tuesday.
FTSE 100 movers: Aveva rallies on acquisition; CRH falls
The FTSE 100 was down 0. 3% at 6,086. 49 in afternoon trade on Tuesday.
Co-operative Bank to close 18 branches, cut 350 jobs
The Co-operative Bank said on Tuesday that it plans to close 18 branches and cut around 350 roles, pointing to low interest rates, economic uncertainty and a shift to online banking.
London midday: FTSE pares gains as housebuilders slump
London stocks were off earlier highs by midday on Tuesday despite signs of progress in Sino-US trade relations, amid weakness in the housebuilding sector.
Infrastrata buys Appledore Shipyard in Devon for £7m
Infrastrata said on Tuesday that it has bought the Appledore Shipyard in Bideford, North Devon, for £7m.
DFS trading 'significantly ahead' of expectations
DFS Furniture said on Tuesday that it was trading "significantly ahead" of its expectations amid strong demand but struck a cautious note on the outlook due to Covid-19 and Brexit-related uncertainty.
German business sentiment improves in August
German business sentiment improved in August, according to a widely-followed survey released on Tuesday.
London open: Sino-US trade progress boosts stocks
London stocks rose in early trade on Tuesday as investors welcomed signs of progress in Sino-US trade relations.
Next 15 FY results to be ‘materially ahead’ of current market views
Next 15 Communications said on Tuesday that full-year results are set to be "materially ahead" of current market expectations as trading in the first half has remained resilient and is well ahead of the management expectations set out in March.
London pre-open: Stocks seen higher on vaccine hopes, Sino-US progress
London stocks looked set to rise again on Tuesday following a positive session in Asia as Covid vaccine hopes and signs of progress in Sino-US relations helped to underpin sentiment.
Tuesday newspaper round-up: Arcadia, Eurostar, McLaren, Lloyds
The owner of Topshop and Topman has been accused of potential breaching employment law by offering staff being made redundant less favourable terms for their notice periods, linked to the government’s furlough scheme. Sir Philip Green’s struggling Arcadia Group, which also owns Miss Selfridge, Evans, Wallis, Burton and Dorothy Perkins, is making up to 500 head office staff redundant after a slowdown in trade during the pandemic. – Guardian.