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The Markets
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UK Markets plummet after Federal Reserve minutes show indecision among top US officials

UK Markets plummet after Federal Reserve minutes show indecision among top US officials

FTSE 100 got off to a poor start on Thursday after the Federal Reserve minutes showed indecision among top US officials.

London’s leading index plunged 70 points to 7,080 in early trading.

A boost for the travel industry is expected today as details on new rules for people who have received both COVID-19 jabs are unveiled. They could be allowed to skip quarantine when travelling from amber list countries.

COVID-19 infections meanwhile are rising faster among men than women in the UK, a study has found. England’s strong performance at the Euros meant men mixed with crowds more than usual to watch the football.

Deliveroo PLC (LON:ROO) upgraded full-year guidance after trading ahead of expectations in the second quarter. However, margins are under pressure as trading should return to pre-pandemic levels.

Blackbird PLC’s (LON:BIRD) Environmental, Social, and Governance (ESG) credentials have been boosted with the receipt of the London Stock Exchange's Green Economy Mark. To qualify, companies must generate 50% or more of their total annual revenues from products and services that contribute to the global green economy.

Mode Global Holdings PLC (LON:MODE) said it has formally signed a contract to provide payment services incorporating bitcoin to online shopping platform THG PLC, better known as The Hut Group.

Caledonia Mining Corporation PLC (LON:CMCL) told investors it is considering a listing on the Victoria Falls Stock Exchange (VFEX) in Zimbabwe to reinforce its commitment to the country that hosts the Blanket gold mine. Having a listing in Zimbabwe will make it easier for Caledonia's and Blanket's employees to participate as shareholders.

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