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Sunday newspaper round-up: Restrictions, Brexit, Pennon

Sun, 15th Nov 2020 21:43

(Sharecast News) - Today's death toll, which is usually lower on Sunday and Monday due to weekend reporting lags, is up by just 12 from last Sunday - in a sign that fatalities may be flattening out. It comes after the head of the Office for National Statistics said that growth in infections is 'slowing' too. Some 24,962 new confirmed cases of coronavirus were reported today- just five more than last Sunday. Professor Sir Ian Diamond says that while there remains an increase in the number of Covid cases, the data shows a 'slowdown in the rate of growth', providing a small ray of hope for an end to harsh countrywide restrictions. - Financial Mail on Sunday
The departure of Dominic Cummings from Downing Street will not lead to fresh concessions to get a Brexit deal over the line, Boris Johnson's chief negotiator has warned. In a clear message to Brussels and London before resuming talks this week, Lord Frost said that Britain's red lines had not changed. Any settlement had to be "compatible with our sovereignty", he insisted. "That has been our consistent position from the start and I will not be changing it," he posted on Twitter. - Sunday Times

Water giant Pennon is looking into a takeover of embattled rival Southern Water. The FTSE 100 owner of South West Water recently sold waste business Viridor to private equity titan KKR for £4.2bn, netting £3.7bn of cash. It has told shareholders it is keen to recycle that cash via a takeover, rather than hand it back to them. Pennon, run by new boss Susan Davy, is also understood to have run the rule over Wessex and Bristol Water, but Southern is thought a more likely target. - Sunday Times

Big supermarkets should hand back almost £2bn in business rates relief on offer during the coronavirus pandemic because they are paying out dividends to shareholders, according to a former minister in Boris Johnson's government. [...] In total the big six supermarkets - Tesco, Sainsbury's, Asda, Morrison, Aldi and Lidl - will save £1.9bn in bills during the tax year to 31 March 2021, according to figures from Altus Group, a property adviser. - Guardian

Countryside Properties is facing demands for a break-up from an American hedge fund that has been rapidly building a stake in the housing giant. Browning West has told Countryside to sell its housebuilding arm and also wants a board seat, Sky News reported. The hedge fund disclosed a 5pc stake in the FTSE 250 business, which is valued at £2bn, less than two months ago. It has since increased its stake to 8pc. - Sunday Telegraph

Billionaire Fred Done is backing a £2.9bn takeover bid for William Hill by Las Vegas casino operator Caesars Entertainment. The betting tycoon, William Hill's biggest investor, will back the swoop when it is put to a shareholder vote on Thursday, according to sources close to the businessman. Caesars struck a deal with the William Hill board in September after US private equity fund Apollo tabled a competing bid. - Sunday Telegraph

Royal Mail is edging towards a truce in its long-running modernisation battle with unions - just as its postal workers are deluged by a surge in parcel deliveries. Britain's 504-year-old postal service will this week reveal a boost for its parcels business, GLS, when it posts results for the six months to September 27. The Covid-19 crisis has accelerated a shift away from letters and towards parcels, though these are costlier to deliver. - Financial Mail on Sunday
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20 Apr 2018 13:04

Sigma Capital Buys Three Private Sector Sites To Deliver 214 New Homes

LONDON (Alliance News) - Sigma Capital Group PLC on Friday said it intends to buy three private rented sector sites in the North West and West Midlands for an undisclosed sum.The firm said

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20 Apr 2018 10:36

WINNERS & LOSERS SUMMARY: Reckitt Slides After Missing Forecasts

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Friday.----------FTSE 100 - LOSERS----------Reckitt down it

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20 Apr 2018 09:33

Countryside Properties Shareholder Oaktree Sells Entire 8% Stake (ALLISS)

LONDON (Alliance News) - Oaktree Capital Management LP unit OCM Luxembourg Coppice Topco Sarl has completed the sale of its remaining interest of 36.2 million shares - an 8.0% stake - in PLC for

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19 Apr 2018 17:10

Countryside Shareholder To Sell GBP134 Million Shares In Placing (ALLISS)

LONDON (Alliance News) - Jefferies International Ltd said on Thursday that OCM Luxembourg Coppice Topco Sarl plans to sell its remaining 36.2 million shares in FTSE 250-listed Countryside PLC an

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18 Apr 2018 10:45

Countryside Has "Robust" Trading In First Half, Total Completions Up

LONDON (Alliance News) - Countryside Properties PLC said Wednesday its first half completions and revenue were in line with expectations.Total completions for the period from October 2017 -

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26 Jan 2017 17:13

Oaktree To Cut Stake In Countryside Properties Below Majority (ALLISS)

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26 Jan 2017 09:12

Countryside Properties remains confident for 2017 despite Brexit uncertainty

(ShareCast News) - Countryside Properties quarterly completions rose as its average selling price increased with the housebuilder confident for its full year results despite economic uncertainty over Brexit. The company said that as outlet growth and net reservation rates have remained strong throug

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19 Jan 2017 16:18

UK Shareholder Meetings Calendar - Next 7 Days

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7 Dec 2016 09:33

BROKER RATINGS SUMMARY: Credit Suisse Raises Rio Tinto And Cuts BHP

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29 Nov 2016 08:31

LONDON MARKET OPEN: BT Down, Sky And TalkTalk Up On Openreach Decision

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29 Nov 2016 07:37

Countryside Properties posts rise in FY profit, revenue

(ShareCast News) - Countryside Properties reported a rise in full-year pre-tax profit and revenue as it said 2016 was "another positive year" for the housebuilding sector. In the 12 months to the end of September, pre-tax profit jumped to £78.6m from £28m the year before as revenue grew to £671.3m f

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22 Nov 2016 16:20

UK Earnings, Trading Statements Calendar - Next 7 Days

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12 Oct 2016 16:04

LONDON MARKET CLOSE: Investors Take A Breath Before Fed Minutes

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12 Oct 2016 08:04

Countryside Properties sees 'significant' opportunity in partnerships

(ShareCast News) - Private and public partnerships housebuilder Countryside Properties' rate of sales completions slowed but remained robust in the fourth quarter, while its order book swelled to a record size as it eyed major potential to work in partnership with local authorities and housing assoc

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5 Oct 2016 15:09

UK Earnings, Trading Statements Calendar - Next 7 Days

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