viewWhitbread PLC

Market report: FTSE fights back after bruising start to week

The FTSE is fighting back after enduring the worst sell-off since June on Monday. 

UK Prime Minister Boris Johnson will address the nation today about more possible lockdowns after announcing pubs, bars, restaurants and other hospitality venues in England must close by 10pm. 

Premier Inn and Beefeater owner Whitbread (LON:WTB) has warned that 6,000 jobs could be cut due to the slump in hotel guest numbers since lockdown.

B&Q owner Kingfisher (LON:KGF), up after a strong recovery in profits prompted by a boom in DIY.

Alliance Pharma PLC (LON:APH) has held its dividend and said it is seeing signs of better trading after disruption from the coronavirus (COVID-19) pandemic affected its first half. 

Iofina PLC (LON:IOF) is gaining today signing a binding documentation to refinance its entire debt by entering into a new loan agreement with First Financial Bank, (NASDAQ:FFBC)

Ergomed PLC (LON:ERGO) saw its adjusted underlying earnings (EBITDA) surge by 40% year-on-year in the first half of 2020. 

Quick facts: Whitbread PLC

Price: 2863.55 GBX

Market: LSE
Market Cap: £5.78 billion

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