FTSE 100 was left aimless after Donald Trump was discharged from hospital and investors seem to be no longer focusing on his health alone. London’s leading index shed 20 points to 5,922 in early trading.
Boris Johnson is expected to announce £160m of investments to power every UK home with wind. The Prime Minister vowed to make Britain the “Saudi Arabia of wind” by 2030.
Wagamama owner Restaurant Group (LON:RTN) said trading in the summer was ahead of last year but remains cautious over its winter prospects. Interim loss was up nearly three times to £207m.
Victrex (LON:VCT) expects to reinstate a dividend for the year to September 2020 but announced 100 job cuts to support profits. The FTSE 250 chemicals producer said the redundancies will cost £9mln.
Among the small caps, Oncimmune Holdings (LON:ONC) was awarded funding by the UK government to help develop diagnostics for coronavirus. It will support a collaboration with Medicines Discovery Catapult to study data from 3,000 patients.
Inspiration Healthcare (LON:IHC) declared its first dividend of 0.2p per share after a positive first half when it helped sourcing coronavirus ventilators for the UK. Revenues jumped by 77% in the six months to July.
Supermarket Income REIT (LON:SUPR) has increased the target for its recent equity placing to up to £200m from £150m. The retail property investor received strong support by investors.