HG Wells fans have slammed a special-issue Royal Mint coin commemorating the science fiction novelist after his iconic tripod war machines were illustrated with an additional leg. Eagle-eyed readers questioned how the new £2 coin, which marks the 75th anniversary of the writers’ death and is inspired by The War …
Read More »Bonhill has $1.1m US paycheck loan forgiven
Bonhill Group updated the market on its US Paycheck Protection Program (PPP) loan on Tuesday, having received the $1.1m loan on 29 May. The AIM-traded business information, events and data company said the loan was made to protect US jobs and, provided it used it for employee retention, payroll and …
Read More »Berenberg upgrades Royal Mail, says risks are more balanced
Berenberg upped its rating on Royal Mail on Tuesday to ‘hold’ from ‘sell’ and hiked the price target to 280p from 137p as it said risks remain but are now balanced. The bank noted that despite a severe hit to mail volumes, Royal Mail has been relatively successful during the …
Read More »Czech spy ‘targeted Royal Family through Lord Snowdon in 1970s’
Czech spy ‘targeted Royal Family by meeting Queen’s brother-in-law Lord Snowdon twice in 1970s’ Communist spies allegedly tried to infiltrate the Royal Family during Cold War Czech agent ‘Krupsky’ posed as embassy official to meet Lord Snowdon Suggested he discussed Royal trip to Soviet Union and possible photo exhibition with Princess …
Read More »Next PLC hardly seems to have put a foot wrong in 30 years
The company has had a succession of visionary leaders and in the current century at least has made a habit of under-promising and over-delivering Not many people remember the family-owned tailoring business, J Hepworth. If you do remember it, and you were not particularly interested in stock market news in …
Read More »FTSE 100 movers: Aveva boosted by upgrade; British Land hit by downgrade
London’s FTSE 100 was up 0.3% at 6,590.75 in afternoon trade on Tuesday. Aveva was the top gainer after an upgrade to ‘buy’ from ‘neutral’ at UBS. Next was also sharply higher after the retailer reported a smaller-than-expected drop in sales over Christmas and said online sales made up for …
Read More »Europe close: Stocks dip as UK moves into lockdown, Germany prepares to tighten restrictions
European markets slipped as the UK imposed its third national lockdown and Germany prepared to extend measures to stymie a surge of coronavirus cases. The pan-European Stoxx 600 was down 0.19% to 400.94, although London’s FTSE 100 was up 0.61% at 6,612.25. France’s CAC 40 slipped 0.44% to 5,564.60, and …
Read More »FTSE 250 movers: Softcat surges on update; Royal Mail gets an upgrade
London’s FTSE 250 was up 0.5% at 20,633.81 in afternoon trade on Tuesday. Softcat surged to the top of the index after saying that trading has remained positive since its first-quarter statement in mid-November and the company is ahead of where it expected to be. In an update ahead of …
Read More »Morgan Stanley downgrades some UK office stocks, sees medium-term headwinds
Analysts at Morgan Stanley downgraded their view on several UK office stocks in response to expected increases in supply and the structural uncertainties that were still present. The direction for the office subsector was clouded by a mix of cyclical and structural factors alongside a wide range of financial and …
Read More »Falkirk village mourns death of popular postman
David Park was a familiar figure in the villages of Avonbridge and Standburn over the last quarter of a century deliveriing the mail, come rain or shine, day-in-day-out all year round. Unfortunately Mr Park, who lived in Standburn all his life, had been ill for some time and died on …
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