leadf
logo-loader
viewOcado Group PLC

Market report: FTSE gains despite uncertain UK labour market outlook

The FTSE is in positive territory despite UK unemployment rising to its highest level for two years - up to 4.1% with young people from age 16 to 24 particularly impacted.

Online grocer Ocado (LON:OCDO) says its switch to delivering Marks & Spencer food has been successful, after previously delivering for Waitrose. The firm reported a 50% jump in sales.

UK rail and bus operator FirstGroup (LON:FGP) predicted it would swing back into profit, just two months after warning of uncertainty - UK bus passengers have recovered to around 50% from pre-pandemic levels, while train passengers are up around 30%.

Supermarket stocks are showing resilience despite research from Kantar showing the government’s Eat Out to Help Out scheme hindered supermarkets sales growth last month.

Domino's Pizza (LON:DPZ) is to create 5,000 jobs and support 1,000 placements in the government’s kickstart scheme as it gets set for the busiest time for pizza lovers.

Among the small caps - there’s Bidstack Group PLC (LON:BIDS) has signed an exclusive deal Ubisoft to deliver in-game advertising into the Hyper Scape game.

Amryt Pharma (LON:AMYT) set to receive orphan designation for pre-clinical skin treatment for a rare skin condition EB - which would provide the company with regulatory and financial incentives.

Commercial kitchen services specialist Filta Group Holdings PLC (LON:FLTA), has said sales continued to recover in July as restaurants reopened after the coronavirus (COVID-10) pandemic lockdown. There is an interview with CEO Jason Sayers on the website now - https://www.proactiveinvestors.co.uk/

Quick facts: Ocado Group PLC

Price: 2244 GBX

LSE:OCDO
Market: LSE
Market Cap: £16.79 billion
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Inspired Energy says LSE's Green Economy Mark is 'testament to all their...

Inspired Energy PLC's (LON:INSE) Mark Dickenson talks to Proactive London's Katie Pilbeam about receiving the London Stock Exchange's 'Green Economy Mark'. Dickenson explains how this is a 'testament to all their hard work' in recognition of its environmental and strategic advice,...

5 hours, 52 minutes ago

2 min read