Sunday newspaper round-up: Spain, UK economy, Rolls-Royce
26th Jul 2020 14:16
(Sharecast News) - The foreign secretary, Dominic Raab, has said the government will not apologise for its snap decision to order tourists returning from Spain to quarantine, saying further spread could risk another lockdown in the UK. Raab said the government had to take "swift, decisive action" when the data from Spain showed a surge in infections right across the country. Overnight, the UK imposed snap new restrictions on holidaymakers returning from Spain on Saturday night, meaning those who return must quarantine for two weeks. - Guardian
Read moreEuropean airlines call on Brussels and Washington to restore transatlantic travel
21st Jul 2020 19:23
(Sharecast News) - The largest carriers from both sides of the Pond called on Brussels and Washington on Tuesday to adopt a common testing procedures to unblock transatlantic travel.
Read moreFriday broker round-up
10th Jul 2020 13:26
(Sharecast News) - Ocado: Berenberg reiterates buy with a target price of 2,225.0p.
Read moreRolls-Royce burns £3bn of cash in first half
9th Jul 2020 07:02
(Sharecast News) - Rolls-Royce said it burnt through £3bn of cash in the first half as widebody engine flying hours halved because of the "historic shock" caused by Covid-19.
Read moreThursday preview: US jobs data, Persimmon in focus
8th Jul 2020 12:13
(Sharecast News) - Financial markets' focus on Thursday will shift back towards the US jobs market to see if the job market recovery has stalled or not.
Read moreSunday newspaper round-up: Vouchers, Grocers, Boohoo
5th Jul 2020 15:59
(Sharecast News) - Radical plans to give all adults £500 and children £250 in vouchers to spend in sectors of the economy worst hit by the Covid-19 crisis are being considered by the Treasury. The proposals, drawn up by the Resolution Foundation think tank, which has had recent talks with the Treasury about its ideas, are aimed at kickstarting economic recovery by triggering a highly targeted surge in spending. Under the plans the vouchers could only be spent in certain sectors, such as hospitality and "face to face" retail, as opposed to online. - Guardian
Read moreRolls-Royce 'reviewing options' to strengthen balance sheet, shares tank
3rd Jul 2020 15:19
(Sharecast News) - Rolls-Royce confirmed on Friday that it is in the early stages of reviewing options to strengthen its balance sheet and position itself for recovery after the Covid-19 crisis.
Read moreSunday newspaper round-up: Two meters, Rolls Royce, Clinigen
14th Jun 2020 19:22
(Sharecast News) - Senior scientists have reported flaws in an influential World Health Organization-commissioned study into the risks of coronavirus infection and say it should not be used as evidence for relaxing the UK's 2-metre physical distancing rule. Critics of the distancing advice, which states that people should keep at least 2 metres apart, believe it is too cautious. They seized on the research commissioned by the WHO, which suggested a reduction from 2 metres to 1 would raise infection risk only marginally, from 1.3% to 2.6%. - Guardian
Read moreUK job cuts mount as Covid-19 takes its toll
11th Jun 2020 12:25
(Sharecast News) - UK job losses continued to mount in their thousands on Thursday as Centrica, Johnson Matthey and Bombardier became the latest companies to announce large reductions to their workforces in the Covid-19 crisis.
Read moreRolls-Royce reveals sites for 3,000 UK job cuts
4th Jun 2020 09:01
(Sharecast News) - Rolls-Royce has announced where its first 3,000 job cuts will be in the UK as the engine maker embarks on shedding 17% of its global workforce due to the Covid-19 crisis.
Read moreRolls-Royce slumps as AKO Capital offloads 96.7m shares
28th May 2020 08:50
(Sharecast News) - Rolls-Royce shares slumped on Thursday after AKO Capital sold 96.7m shares in the aerospace and defence giant.
Read moreRolls-Royce to cut at least 9,000 jobs
20th May 2020 07:09
(Sharecast News) - Rolls-Royce said it would cut at least 9,000 jobs as part of a plan to save more than £1.3bn a year in response to the "unprecedented" impact of the Covid-19 crisis on the aviation industry.
Read moreRolls-Royce to cut at least 9,000 jobs
20th May 2020 07:09
(Sharecast News) - Rolls-Royce said it would cut at least 9,000 jobs as part of a plan to save more than £1.3bn a year in response to the "unprecedented" impact of the Covid-19 crisis on the aviation industry.
Read moreMonday broker round-up
11th May 2020 13:48
(Sharecast News) - Diploma: Peel Hunt downgrades to hold with a target price of 1,650p.
Read moreJob cuts on the horizon at Rolls-Royce as Covid hits aerospace market
7th May 2020 08:55
(Sharecast News) - Aerospace and defence giant Rolls-Royce signalled on Thursday that there are job cuts ahead as it said the commercial aerospace market could take several years to recover from the impact of Covid-19.
Read more