It was trading close to 170p in January. As the government has underwritten all losses, there's no reason it should not go back to around that price by spring .
HSBC lifted its ratings Stagecoach as it took a look at UK bus and rail operators. The bank, which upgraded both Stagecoach and Go-Ahead to 'buy' from 'hold', said the sector is extremely cheap. "The sector has been here three times before and it's rebounded," HSBC said.
independent.co.uk Russia claims its Covid vaccine is 92% effective
Early data for Russia’s Sputnik V Covid vaccine show that it is 92 per cent effective, according to its sovereign wealth fund.
The announcement follows results posted earlier this week by vaccine developers Pfizer and BioNTech, who said their US-German jab was more than 90 per cent effective at preventing disease.
RE: Covid vaccine pretty much there!10 Nov 2020 01:31
Pfizer’s COVID-19 vaccine: 6 things to know Yes, it’s very good news—yet it’s important to keep hopes and expectations in check. Nothing is certain yet.
"We entered the new financial year in a position of strength and this has been reinforced with strong trading since the start of the year. There has been resolute demand for homes with more space to live and work as customers reflect on their lockdown experiences"
Jenrick tells housebuilders to keep building in message to industry .
The Housing Secretary Robert Jenrick, along with the Federation of Master Builders and the Home Builders Federation, has confirmed that the property industry will remain open for business in a letter to the housing industry.
Latest purchasing manager’s index shows rate of growth only slightly lower than September
The UK housebuilding sector continued its rapid recovery from the spring coronavirus lockdown in October, according to the latest purchasing managers’ survey from IHS/Markit.
The survey, sponsored by the Chartered Institute of Purchasing and Supply (CIPS), found that housebuilding was “by far” the best performing area of construction activity over the month.