1. CityFibre (AIM:CFHL) ups pressure on BT and VM02
CityFibre (AIM:CFHL) is set to ramp up the competition for BT and VM02 another notch following a £300mln investment into the business from an Abi Dhabi based sovereign wealth fund.
2. Seafarers paid £1.82 a hour by P&O says union
P&O Ferries, which optimistically bills itself as Britain’s favourite ferries operator, is reportedly hiring foreign agency workers on hourly rates of £1.82 to replace the workers it sacked last week.
3. 5p fuel duty cut a ‘drop in the ocean’
Chancellor Rishi Sunak is reported to be eying a cut to fuel duty but there have also been calls for Britain’s petrol stations to become regulated as petrol pump prices add to the squeeze on household incomes.
4. FTSE 100 finds gains
The UK blue-chip index closed 37.66 points, or 0.5% higher on Monday at 7,442.39, more than midway between the session peak of 7,464.95 and the day’s low of 7,402.60.
5. Progress at Havieron project for Greatland Gold
The company spent £1.8mln on exploration and evaluation at its Havieron and Juri gold projects in Australia during the period
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