Latest News
Aviva offloads Polish unit, Smiths Group hikes interim dividend
London open The FTSE 100 is expected to open 53 points higher on Friday, having closed down 0. 57% on Thursday at 6,674. 83.
Friday newspaper round-up: Amazon, Liberty Steel, Arrival
The government has announced plans for a £1. 5bn funding pot to help companies struggling with business rates following a flood of requests for support during the coronavirus pandemic. In an expansion of support across the economy, the Treasury said the new fund was designed to help firms outside the retail, leisure and hospitality sectors with the taxes they pay based on the value of the premises they occupy. - Guardian.
Aviva sells Polish unit to Allianz for €2.5bn
British insurer Aviva said it had sold its Polish unit to Allianz for €2. 5bn to focus on its strongest businesses in the UK, Ireland and Canada and cut debt.
US close: Stocks rise as Biden doubles vaccine goal
Wall Street stocks managed a positive finish on Thursday, as a doubling of Joe Biden’s vaccination target outweighed comments from Fed chair Jerome Powell.