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LondonMetric buys Stevenage warehouse for £7.3m
LondonMetric has bought a distribution warehouse in Stevenage for £7. 3m at a net initial yield of 6. 25%.
London pre-open: Stocks set for slightly weaker start
Stocks in London were set for a slightly weaker open on Monday as investors continue to mull over comments by Federal Reserve chair Janet Yellen last week amid a stronger dollar.
Ladbrokes and Coral announce planned sale of 359 shops
Bookmaker Ladbrokes announced on Monday that subsidiaries of both itself and merger partner Gala Coral Group have agreed to sell a total of 359 licensed betting offices to Done Brothers Cash Betting - trading as Betfred - and StanJames Abingdon - trading as Stan James.
Monday newspaper round-up: New Brexit plans, dividends, supermarkets
Britain would continue to pay billions of pounds into the EU budget after Brexit to maintain cherished single-market access for the City of London and other sectors under plans being discussed by Theresa May’s cabinet. The prime minister’s demand that Britain controls its borders and throws off the jurisdiction of EU judges has led many in London and Brussels to conclude that British-based banks and insurers would inevitably lose the “passporting” rights that allows them to trade freely in Europe.