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Pin to quick picksHammerson Share News (HMSO)

Share Price Information for Hammerson (HMSO)

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Share Price: 27.86
Bid: 27.90
Ask: 27.94
Change: -0.82 (-2.86%)
Spread: 0.04 (0.143%)
Open: 28.50
High: 28.82
Low: 27.86
Prev. Close: 28.68
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UK advisers call for action to stem Covid-19

Mon, 21st Sep 2020 11:31

(Sharecast News) - The UK is on track for more than 200 Covid-19 deaths a day by mid-November unless urgent action is taken to stem the spread of the disease, the government's scientific advisers said.

Patrick Vallance and Chris Whitty, the government's most senior advisers on the pandemic, said infections were doubling every seven days. They said if the rate of infection carried on at the current rate there would be 50,000 cases a day by mid-October resulting in more than 200 deaths a day a month later.

Vallance and Whitty said though the rate of infection varied across the country cases were rising everywhere. One of the most important steps will be to limit contact between households, they said.

The virus is spreading as the UK moves into winter months that make the spread of respiratory diseases easier, Whitty said. This means Britain faces six months of increased threat.

Whitty, England's chief medical officer, said: "This is not someone else's problem; it's all our problem ... The seasons are against us."

In a joint briefing with no questions the advisers said the government would have to act to reduce the infection rate while trying to support the economy. They said this would be a difficult balance to achieve.

"If we do too little this virus will go out of control," Whitty said.

After reopening the economy from June following more than two months of lockdown the government is reluctant to shut down the economy again. Health Secretary Matt Hancock is due to update the House of Commons later on Tuesday. He said on Tuesday morning the government had not finalised its plans after working on them over the weekend.

The FTSE 100 index fell 3.3% to 5,813 at 12:00 BST led by British Airways owner IAG. The more UK-focused FTSE 250 fell 4% to 16,865. Shopping centre operator Hammerson, pub group Mitchells & Butlers and transport companies FirstGroup and National Express were among the biggest fallers.

The government has been criticised for inconsistent messaging that has contributed to people becoming less careful about interacting. Johnson said he wanted "bustle" to return to towns and cities and the government branded the reopening of pubs as "independence day". Chancellor Rishi Sunak's "eat out to help out" meal subsidy has been linked with the rising rate of infections.



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4 May 2023 17:29

Lighthouse fails to install two appointees on Hammerson board at AGM

(Alliance News) - Hammerson PLC on Thursday faced shareholder dissent at a heated general meeting that saw a major holder fail to put its representatives on the board.

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27 Apr 2023 15:49

UK shareholder meetings calendar - next 7 days

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25 Apr 2023 11:06

IN BRIEF: Hammerson quarterly rental income rises on "robust" leasing

Hammerson PLC - London-based property development and investment company - For the three months ended on March 31, says like-for-like gross rental income growth is up 5%, reflecting "robust leasing, car parking and commercialisation performance". Like-for-like net rental income growth is also up 5%. Says it benefits from solid collections, which stand at 92%. For financial 2022, it stood at 96%. Hammerson notes 61 leases have been signed to date, representing GBP9 million of rent. Says value retail has seen a strong start to the year, with spend per visit up 3%.

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25 Apr 2023 08:20

Strong footfall boosts sales, income for Hammerson in Q1

(Sharecast News) - Shopping centre owner Hammerson on Tuesday reported a 5% rise in first-quarter rental income on higher footfall.

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14 Apr 2023 16:03

PRESS: Two investors back Hammerson amid proxy battle

(Alliance News) - Two shareholders have come out in support of Hammerson PLC, Sky News reported on Friday.

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14 Apr 2023 13:43

Major investors back Hammerson in row with Lighthouse

(Sharecast News) - Two major investors have come out in support of shopping centre owner Hammerson amid demands from its biggest shareholder to speed up asset sales and resume dividend payments.

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4 Apr 2023 15:11

UPDATE: Hammerson says Lighthouse demands are "value destructive"

(Alliance News) - Hammerson PLC on Tuesday backed its leadership and hit out at shareholder Lighthouse Properties PLC, who called for a strategy change.

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4 Apr 2023 13:16

PRESS: Hammerson shareholder demanding strategy change ahead of AGM

(Alliance News) - Hammerson PLC faces pressure from one of its major shareholders to change strategy, Sky News reported on Tuesday.

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4 Apr 2023 11:44

Hammerson shareholder pushing for strategy change - report

(Sharecast News) - Shopping centre owner Hammerson is reportedly facing demands from its biggest shareholder to accelerate asset sales and resume dividend payments ahead of its annual meeting next month.

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3 Apr 2023 08:50

IN BRIEF: Hammerson finishes disposal of Italie Deux and Italik

Hammerson PLC - London-based property development and investment company - Completes selling 25% stake in Italie Deux, shopping centre in central Paris, and 100% of Italik extension for EUR164 million to Ingka Centres via a simultaneous exchange and completion. Says the exit marks the continued progress in the simplification of its portfolio. The proceeds will further strengthen the balance sheet and reduce net debt.

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3 Apr 2023 07:03

Hammerson offloads Paris shopping centre interests for €164m

(Sharecast News) - Hammerson said it had sold its 25% stake in Italie Deux, a shopping centre in central Paris, and all of a separate extension for €164m to IKEA owner Ingka Centres.

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22 Mar 2023 09:22

LONDON BROKER RATINGS: Citi, Exane BNP and Goldman all raise M&S

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9 Mar 2023 17:12

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Hammerson loss narrows from previous year despite drop in revenue

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