Market Pulse
London open: Osborne to give economy fiscal boost
Stocks in London moved higher at the start of trading, with investors taking their cue from a positive session in Asia, although with US markets due to remain closed in observance of the 4 July holiday trading was expected to be subdued.
Kier Group works to reassure investors after Brexit vote
Property, residential, construction and services group Kier did its best to reassure investors over the company’s viability on Monday, in the wake of the EU referendum.
McCarthy & Stone announces senior management change
Retirement housebuilder McCarthy & Stone said on Monday that Mike Jennings, operations director for the South will leave the company on 31 August, as its financial year closes.
Kennedy Wilson's Baggot Plaza reaches practical completion
Property investment company Kennedy Wilson Europe announced on Monday that is has achieved a major milestone at its Baggot Plaza, Dublin project, reaching practical completion and handing the building over to the governor and company of the Bank of Ireland.
Capita nabs PwC's Powell for chairman
Capita announced the appointment of Ian Powell as a non-executive director and chairman designate on Monday, taking effect from 1 September.
Cobham secures QantasLink contract extension
FTSE 250 aerospace and defence group Cobham has signed a contract to extend its current QantasLink contract for the provision of airline services to the end of 2026.
HSBC completes sale of Brazilian operations
HSBC confirmed the completion of the sale of its Brazil business on Monday, after announcing on 8 June that it had received all necessary regulatory approvals for the transaction.
London pre-open: Stocks called higher but trade seen quiet due to US holiday
Stocks in London were expected to open a little higher on Monday, taking their cue from a positive session in Asia.
Monday newspaper round-up: Robots, corporation tax, pensions, private equity
Britain’s decision to leave the EU will force companies that rely on migrant labour to rethink their business models, if it leads to restrictions on low-skilled immigration. For some, robots may be the most likely replacement, according to a report by the Resolution Foundation think-tank. Almost one third of the workforce in food manufacturing are EU migrants. More than a fifth of domestic personnel are from the EU, and more than one in eight workers in sectors ranging from agriculture to warehousing and textiles manufacturing.