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Results & Updates

Wednesday Update

DB Live: Wm Hill; L&G; WH Smith; St James Centre; Metro

Blair House, Musselburgh
4.45pm: London close Traders were encouraged by US stimulus and coronavirus vaccine hopes to push the FTSE 100 higher. The index closed up 68.72 points (1.14%) at 6,104.72. 4pm: BeirutRead More

Tuesday Update

DB Live: EasyJet flights boost; pubs warning; AA bids; Beeks

Easyjet
5.45pm: Johnston’s of Elgin to axe 88 jobs Johnstons of Elgin is expected to shed 88 jobs because of the impact of the Covid-19 pandemic on the business.  Full storyRead More

Dividend held

Johnnie Walker giant Diageo sees profits fall by half

Diageo CEO Ivan Menezes
Ivan Menezes: ‘we are well-positioned to emerge dstronger’ (pic: Terry Murden) Drinks giant Diageo said operating profit plummeted almost by half as bars and restaurants closed around the world. ReportedRead More

Oil giant shifts focus

BP reinvents itself as dividend cut following loss

BP
BP aims to reduce oil reliance Oil giant BP unveiled plans to reinvent itself as an integrated energy company as it reported a loss and cut its dividend for theRead More

10th year of growth

Lawyers must learn from pandemic says Brodies’ chief

Nick Scott
Nick Scott: inspired Top Scottish lawyer Nick Scott says the impact of the coronavirus has given the legal sector “much to learn” about how it can adapt and evolve inRead More

Bank profits fall

HSBC loan-losses add to tensions in Hong Kong

HSBC
HSBC: geopolitical tensions add to bank’s problems HSBC warned of the impact of tension between the US and China on its business as it reported a higher-than-expected 65% slump inRead More

Friday Update

DB Live: Davidson for Lords; PM delays easing; Halo praised

Ruth Davidson at election rally
5.30pm: Halo praised Scottish businesswoman Marie Macklin’s urban regeneration project in Kilmarnock has been praised by SEPA and international sustainability organisation Global Footprint Network for its net zero vision. TheRead More

Bank hit by Covid impact

NatWest/RBS swings to loss as bad debts mount

Drummond House
RBS forecasts rising impairments (pic: Terry Murden) NatWest/RBS swung to a first half operating loss before tax of £770 million compared to a £2.7 billion profit the previous year. TheRead More

First quarter down

BT hit by squeeze on sport, unveils small firms plan

BT Sport
Revenue fell for television operation Reduced income from BT Sport and the impact of Covid-19 on business activity saw group revenue for the first quarter fall 7% to £5.25 billion.Read More

New capital raise

BA owner to raise €2.75bn after falling to loss

British Airways pic
Losses have piled up at IAG British Airways owner International Airlines Group is raising €2.75 billion to strengthen its balance sheet. Qatar Airways Group, IAG’s largest shareholder (25.1% holding), hasRead More