FTSE 100 swing in to the green after an early wobble as former Downing Street insider Dominic Cummings is expected to challenge Boris Johnson over his handling of the pandemic. London’s leading index rose 9 points to 6,948 in early trading.
Former Post Office boss Paula Vennells has stepped down as a non-executive director from Dunelm Group plc (LON:DNLM) and WM Morrison Supermarkets PLC (LON:MRW).
On Friday, the Court of Appeal overturned criminal convictions for Post Office workers accused of theft because of a faulty IT system when she was in charge.
Darktrace is adopting a cautious approach with its IPO to avoid a flop similar to Deliveroo PLC (LON:ROO). The loss-making cybersecurity company is cutting its value to up to £2.7bn, though it was previously eyeing a £3.6bn float.
Tate & Lyle PLC (LON:TATE) has confirmed it is in initial discussions to sell its Primary Products businesses. It would leave the company focused on its Food & Beverage Solutions.
Seeing Machines Limited (LON:SEE) said it has added another top-notch vehicle manufacturer to its driverless software roster. Mass production by the OEM is scheduled from late 2022 with an initial lifetime award value of A$7mln.
CentralNic Group PLC (LON:CNIC) confirmed strong revenue and earnings for its 2020 financial year. The internet domain name specialist said revenue grew 121% to US$241mln.
Chaarat Gold Holdings Ltd (LON:CGH) increased gold production by 21% in the quarter to March. Output from its mine in Armenia was 16,174 ounces of gold equivalent.