Hot Off The Wires - 18th November 2020

News

• Business leaders have warned the government that livelihoods are at risk because they are in the dark about what Covid-19 restrictions will be in place when England’s lockdown ends on 2 December.

• The sale of new petrol and diesel cars and vans will be banned from 2030 and hybrid vehicles outlawed five years later, Boris Johnson will announce today.

• Failure to strike a post-Brexit trade deal would cut the UK’s economic growth rate by more than half next year, delaying a full recovery from the coronavirus pandemic, according to a report.

• The UK music industry is set to halve in size this year as issues including an effective shutdown of concerts, gigs and festivals strip £3 billion from its contribution to the economy.

• The number of companies listed on the London Stock Exchange is shrinking faster than most of the capital’s European rivals, new research shows.

Results

• Croda International (CRDA) - Acquisition of Iberchem

• British Land (BLND) - HY Results. British Land has also completed the sale of Clarges Mayfair to Deka for £177m, 7.6% above the September 2020 valuation

• RSA Insurance (RSA) - Recommended cash offer

• Safestore (SAFE) - Q4 Update

• Halfords Group (HFD) - Interim Results

• Begbies Traynor (BEG) - Trading Update

• FinnCap (FCAP) - HY Results

• Tatton Asset Management (TAM) - Interim Results

• EPE Special Opportunities (ESO) - Share Buy Backs

Trivia

What year did Microsoft introduce its Windows operating system?

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