Full List Of Stories
Wood Group tanks as Sidara walks away
Wood Group tumbled on Monday after Dubai-based engineering and consultancy firm Sidara said it won’t be making a firm takeover offer for the company due to "geopolitical risks and financial market uncertainty".
FTSE 250 movers: Wood Group tanks as Sidara walks away; Clarksons down on results
London’s FTSE 250 was 2. 3% lower at 20,248. 72 in afternoon trade on Monday.
FTSE 100 movers: Defensives eke out some gains amid heavy selloff
London’s FTSE 100 was down 2. 3% at 7,985. 98 in afternoon trade on Monday, suffering its worst session in more than a year.
JPMorgan reinstates coverage on Serco at ‘overweight’
JPMorgan Cazenove reinstated coverage on Serco on Monday with an ‘overweight’ rating and a target price of 215p.
Hargreaves Lansdown extends takeover deadline again
Hargreaves Lansdown said on Monday that it has once again extended the deadline for a consortium led by CVC Advisers and the Abu Dhabi Investment Authority to make a firm offer for the investment platform.
London midday: Stocks sharply lower amid global selloff; Wood Group tanks
London stocks were still sharply in the red by midday on Monday amid a global market selloff, and after Japan’s Nikkei tanked more than 12%, suffering its worst session since Black Monday in 1987.
Mars exploring acquisition of Pringles owner Kellanova - report
Food giant Mars is reportedly exploring a potential acquisition of snack maker and Pringles owner Kellanova.
UK services sector growth accelerates in July
Growth in the UK services sector accelerated in July, with the strongest upturn in demand since May 2023, according to a survey released on Monday.
Eurozone economy stalls in July
The eurozone economy stalled in July as demand for goods and services deteriorated, according to a survey released on Monday.
UK Oil & Gas raises £1m in discounted placing to fund hydrogen storage projects
UK Oil & Gas tumbled on Monday after it conditionally raised gross proceeds of £1m in a discounted share placing to fund hydrogen storage projects.
London open: FTSE tumbles amid global selloff
London stocks tumbled in early trade on Monday amid a global market selloff, after Japan’s Nikkei fell more than 12%, suffering its worst session since Black Monday in 1987.
SocGen to sell Swiss, UK private banking arms to UBP in €900m deal
Societe Generale said on Monday that it has agreed to sell its Swiss and UK private banking arms to Union Bancaire Privée (UBP), a Swiss bank specialised in wealth and asset management, for around €900m (£770. 50m).
Clarksons posts drop in interim profits but lifts dividend, backs FY outlook
Shipping services firm Clarksons reiterated its expectations for the full year on Monday even as it posted a drop in interim profit and revenue.
China services sector growth picks up in July - Caixin
Activity in China’s services sector picked up in July, according to a survey released on Monday.
London pre-open: Stocks to slide amid global market selloff
London stocks were set to tumble at the open on Monday after Japan’s Nikkei tanked more than 12%, continuing the selloff that began on Friday.
Monday newspaper round-up: Manufacturing, defences, financial services jobs
Imported food coming into the UK through Brexit border posts is being sent back to Europe to be tested due to a lack of laboratory capacity in Britain, food bodies have said. The SPS Certification Working Group, which represents 30 trade bodies covering £100bn worth of the UK’s food supply, has written to the government warning that members are being advised that some samples of imported foods are being sent to countries such as Germany to be tested before they can be released at the border.