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Sunday newspaper round-up: Restrictions, Brexit deal, Tax

Sun, 03rd Jan 2021 21:22

(Sharecast News) - Sir Keir Starmer has urged Boris Johnson to bring in new national Covid restrictions within the next 24 hours. The Labour leader said the virus was "clearly out of control", as he insisted that it was "no good the Prime Minister hinting that further restrictions are coming into place in a week, or two or three. That delay has been the source of so many problems," he said. "So, I say bring in those restrictions now, national restrictions, within the next 24 hours." - Sunday Telegraph
Officials will this week launch urgent talks to thrash out a Brexit deal for the City by March, The Mail on Sunday can reveal. The Treasury's top Ministers and civil servants will hold meetings with City lobby groups to form a plan for selling British financial services in EU countries. John Glen, the City Minister, and Katharine Braddick, director general of financial services at the Treasury, will play key roles in drawing up a 'memorandum of understanding' with the EU. - Mail on Sunday

Britain is being urged to overhaul its tax system after a report found that official data had missed almost £800bn owned by the country's wealthiest households. The Resolution Foundation said that calculations by the Office for National Statistics (ONS) had failed to take account of about 5% of the assets and wealth in Britain. The think tank's analysis used The Sunday Times Rich List as well as ONS statistics. - Sunday Times

In these strangest of times it shouldn't come as a surprise that one of the biggest investment winners has nothing to do with real money. It is 'cryptocurrency' Bitcoin. But investment experts are divided over whether its recent surge in price can be sustained. While some, such as asset manager Ruffer, have embraced it within their investment portfolios, others fear it could be heading for a sharp fall - as happened in early 2018. - Mail on Sunday

The bosses of leisure giants including JD Wetherspoon, Marston's and the owner of Alton Towers warned this weekend of a cliff-edge for businesses in the spring as emergency Covid-19 support measures are withdrawn while the economy is still reeling from the effects of the pandemic. Business leaders said that there was an urgent need to extend the measures - such as business rates relief and the cut in VAT from 20% to 5% for hospitality, tourism and accommodation - for at least a year. - Sunday Telegraph

Beyond the horizon off the coast of North Yorkshire, a quiet revolution is emerging from the waves of the North Sea. More than 80 miles from land, hundreds of the world's most powerful wind turbines have begun reaching into the air as construction progresses on the biggest windfarm ever built. Almost 200 turbines, each almost as tall as the Eiffel tower, will soon rise above the submerged Doggerland to populate an expanse of sea as large as North Yorkshire itself. - Guardian

The pandemic has already wreaked havoc on the pub sector, with some of the UK's largest pubcos including Greene King, Mitchells and Butlers, Fuller's and Marston's axing thousands of jobs between them last year. Meanwhile, some 2,500 pubs are estimated to have closed for good across the UK as coronavirus restrictions cause cash reserves to dry up and debts to mount. With activity in the pub sector having been typified by consolidation in recent years such as Stonegate's £1.3bn purchase of Ei Group in 2019 and Greene King's takeover by Hong Kong-based CKA in the same year, experts predict the downfall of some operators will provide an opportunity for their better-placed rivals. - Sunday Telegraph
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1 May 2019 15:03

FTSE 250 movers: Funding Circle falters, Ferrexpo flies

(Sharecast News) - London's FTSE 250 index was down 0.10% at 19,805.33 in afternoon trade on Wednesday, with Funding Circle leading the index downwards.

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30 Apr 2019 16:53

LONDON MARKET CLOSE: Disappointing China Data Sees Miners Hinder FTSE

LONDON (Alliance News) - Weak manufacturing data from China overnight hit London-listed miners on Tuesday, causing the FTSE 100 to tumble. The FTSE 100 index closed down 22.44 points, or 0.3%, at

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30 Apr 2019 13:23

Tuesday broker round-up

(Sharecast News) - Nexus: Numis downgrades to add with a target price of 165p.

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30 Apr 2019 09:25

Greene King Expects Slight Rise In Annual Profit On Solid Sales

LONDON (Alliance News) - UK brewer and pub operator Greene King PLC said Tuesday it expects profit for its recently ended financial year to edge higher, as it reported solid sales during the the a

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30 Apr 2019 07:21

Greene King sinks as momentum worries outweigh sales strength

(Sharecast News) - Greene King on Tuesday said that annual sales from its pubs beat market expectations following growth from drinks led local pubs, though its shares dropped amid analyst concern over slowing momentum.

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23 Apr 2019 16:03

UK Earnings, Trading Statements Calendar - Next 7 Days

Wednesday 24 April PetropavolskFull Year ResultsBoohoo GroupFull Year HealthFull

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25 Mar 2019 11:55

Greene King Appoints Former Tesco Executive Sandra Turner To Board

LONDON (Alliance News) - Brewer Greene King PLC said on Monday Sandra Turner will be joining the board from the start of May.Turner has "many years'" experience in consumer At

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25 Mar 2019 11:54

Former Greene King, Ladbrokes Finance Boss Bull Joins Domino's Pizza

LONDON (Alliance News) - Domino's Pizza Group PLC on Monday announced the appointment of former Greene King PLC Finance Director Ian Bull as a non-executive director.Bull will join from

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11 Mar 2019 11:17

Pub groups toast stronger sales as restaurants continue to struggle

(Sharecast News) - Pub sales picked up last month after a dry January but restaurants continued to falter, industry research published on Monday showed.

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22 Feb 2019 09:37

BROKER RATINGS SUMMARY: Sainsbury's Gets More Downgrades

LONDON (Alliance News) - The following London-listed shares received analyst recommendations on Thursday and on Friday morning:----------FTSE 100----------UBS CUTS J TO

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16 Jan 2019 13:07

Wednesday broker round-up

(Sharecast News) - Ashmore group: Berenberg downgrades to hold with a target price of 413p.

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15 Jan 2019 15:00

Greene King appoints Merlin Entertainments exec Nick Mackenzie as new CEO

(Sharecast News) - Pub operator Greene King has appointed Merlin Entertainments executive Nick Mackenzie as its new chief executive, succeeding Rooney Anand from 1 May.

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15 Jan 2019 14:23

TOP NEWS: Greene King Appoints Merlin Director To Replace CEO Anand

LONDON (Alliance News) - Greene King PLC on Tuesday said Chief Executive Rooney Anand will be succeeded by Merlin Entertainments PLC Director Nick Mackenzie.The pub operator said Mackenzie

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14 Jan 2019 13:44

Monday broker round-up

(Sharecast News) - Next: Credit Suisse downgrades to underperform with a target price of 4,800p.

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8 Jan 2019 12:17

LONDON MARKET MIDDAY: FTSE 100 Rallies As US-China Talks Continue

LONDON (Alliance News) - Gains for London stocks accelerated as Tuesday's session progressed amid ongoing US-China trade talks, with the FTSE 100 racking up nearly 75 points despite Wm

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