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London open: Stocks rise on vaccine optimism, US stimulus
London stocks rose in early trade on Monday, with sentiment underpinned by vaccine optimism and the US stimulus package.
UK unveils £3bn bus investment programme
The UK government announced £3bn of investment in the country's bus sector that it said would improve services, reduce fares and get people out of their cars.
DCC buys primary care supplier Worner for €80m
Sales, marketing, and support services group DCC has agreed to buy Wörner, a supplier of medical and laboratory products to the primary care sector in Germany and Switzerland, for around €80m.
FCA probing Provident Financial consumer credit unit
Doorstep lender Provident Financial on Monday said the UK’s financial regulator has started a probe into its consumer credit unit.
Flutter mulling spinning off FanDuel, Ascential reports loss as revenue plunges
London open The FTSE 100 is expected to open 20 points higher on Monday, having closed up 0. 36% on Friday at 6,761. 47.
London pre-open: Stocks to rise on US stimulus package
London stocks were to set to rise at the open on Monday as investors continue to cheer the US stimulus package.
Monday newspaper round-up: Car manufacturers, Woodford, store closures
Britain’s biggest car manufacturers lobbied the government to delay a ban on petrol and diesel cars by warning that sales would plunge and jobs would be at risk from accelerating the transition to electric vehicles, the Guardian can reveal. The government announced in November that it would move forward a ban on the sale of pure internal combustion engine cars from 2040 to 2030, but said that it would allow the sale of hybrid vehicles until 2035, in a significant victory for the car industry.
Flutter considering spinoff for FanDuel brand
Gambling company Flutter said it was considering spinning off its FanDuel business to cash on the growing US sports betting market.