Economic and Market News for 5 November 2020
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05 Nov
10:02Angling Direct shutters stores as England goes into lockdownFishing equipment retailer Angling Direct confirmed it had shuttered its stores following the new lockdown in England. The company said it would remain trading with a call-and-collect service...
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05 Nov
09:59Hansard Global assets under administration rise in Q1Long-term savings provider Hansard Global reported a rise in assets under administration despite a decline in new business wins in the first quarter of the year. Assets under administration were...
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05 Nov
09:54Comptoir to shut venues as England begins one-month lockdownLebanese and Eastern Mediterranean restaurants operator Comptoir said it would shut its venues until further notice following the new government guidelines which came into effect on 5 November....
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05 Nov
09:52D4t4 Solutions wins four new contractsData solutions provider D4t4 Solutions said it had won four new contract for its Celebrus family of products, which would add about £5.5 million to revenue in the current financial year. 'These...
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05 Nov
09:05LXi REIT agrees to sell BCA facility in Corby for £68 millionReal estate investment trust LXi REIT said it had exchanged contracts to unconditionally sell its BCA facility in Corby for £68 million to a UK pension fund. The sale price represented an 11%...
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05 Nov
09:02Derwent London touts improving rent collection, pledges to work with occupiers as second lockdown gets underwayReal estate company Derwent London said total rent collection for the September quarter day improved following the previous update in October. Rent collection was 86% compared with 80% when last...
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05 Nov
07:53Auto Trader profit slumps in H1 as advertising promotions hurt revenueDigital automotive marketplace Auto Trader reported a slump in profit as revenue was hurt by its decision to offer promotions on advertising for customers on its platform. For the six months...
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05 Nov
07:43AstraZeneca maintains guidance after profit jumps in Q3 on strength in cancer drugsPharma giant AstraZeneca maintained its guidance after reporting a jump in third-quarter profit as revenue was boosted by strength in its portfolio of cancer drugs. For the three months ended...
