The junior market has seen a spate of recovery stories this week, hinting a V-shaped return to pre-pandemic levels could become a reality for some.
Daily Mail Business Articles
Will hydrogen become the ‘coal of the future’?
Just over a week ago, Surrey-based AFC Energy announced the start of a partnership with Extreme E to provide them with zero-emission off-grid hydrogen power and storage systems.
ALEX BRUMMER: US economy a worry for Whitehall
Forging a trade deal with the US is critical to the vision of global Britain. But any hope that the normally resilient US economy would achieve the dreamed of ‘V’ shaped recovery has faded.
Shares dive as coronavirus crushes US economy
As the devastation caused by the Covid-19 pandemic became clear, major stock markets in Britain, Europe and the US fell by as much as 3.5 per cent, wiping billions off the value of pensions and savings.
New boss aims for clean sweep at Reckitt Benckiser
Laxman has been running the global consumer goods giant during lockdown from his west London flat, where he has been staying with his mother, who celebrates her 80th birthday this week.
MARKET REPORT: BAE Systems shares soar
The FTSE100 group is going to reinstate the £440m, 13.8p per share final dividend that it pulled several months ago as it tried to work out how much the coronavirus crisis would dent its finances.
Lloyds dives into red and says £5.5bn in loans could go bad
The High Street lender said it had put aside a further £2.4billion in preparation for customers defaults, adding to £1.4billion it stockpiled earlier this year.
Schroders overtakes Standard Life Aberdeen
The business was looking after almost £526billion of investors’ cash at the end of June – which is a record, and a rise of 5 per cent from the end of December.
Car dealers Pendragon and Inchcape plan to cut jobs
Adding to the thousands of layoffs announced by companies across Britain, Pendragon said it would slash 1,800 jobs. Inchcape did not specify how many employees would be affected.
Global stock markets back in the red: FTSE 100 index drops back below 6,000
In London, the FTSE 100 index dropped back below 6,000 for the first time since mid-May. It closed down 141.47 points at 5989.99, a fall of more than 2 per cent.