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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Financial Services

FIVE at FIVE: Tesla top dog in UK; Royal Mail Covid excuses; FTSE 100 erases losses; Cineworld bid rumour; Abrdn invests in John Lewis houses

Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news

1. Tesla undefeated as top pick for younger UK investors, Vodafone, Lloyds and Harland & Wolff for oldies

Younger UK investors have shown a renewed liking for US tech stocks while falls for Tesla Inc (NASDAQ:TSLA), Vodafone and BT Group PLC (LSE:BT.A) made them the most bought investment for investors across various platforms.

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2. Royal Mail told to stop blaming Covid for missed delivery targets

Royal Mail has been warned by regulator Ofcom that it cannot continue to blame Covid-19 for poor delivery performance, after the pandemic caused it to miss its targets last year.

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3. FTSE 100 closes slightly in red

On Friday, the FTSE 100 finished down around two points, or 0.03%, to stand at 7,556.

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4. Cineworld leaps on report of possible bid from Vue

Shares in Cineworld jumped on the news rising 11% to 5.10p. The embattled cinema chain recently agreed a bankruptcy settlement with its landlords and lenders after filing for bankruptcy protection in Texas in September.

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5. John Lewis teams up with Abrdn to build 1000 houses

John Lewis Partnership has signed up Abrdn PLC (LSE:ABDN) as an investment partner in its plans to enter London’s property market, with the pair agreeing a £500mln joint venture to build 1,000 new homes.

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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK