The London bourse is slightly lower this Wednesday with US data pointing towards a potentially painful recession.
More doom for the tourism industry following the news Princess Cruises (LON:CLL) said it would cancel early 2021 cruises on two ships due to the COVID-19 pandemic restrictions.
Provident Financial (LON:PFG) is falling after warning Covid 19 has created a great deal of uncertainty over the supply of credit to recession-hit households. The company reported a half year loss of 32.6 million pounds but did say it had performed better than expected.
Polymetal International (LON:POLY) says it’s now back on track to meet its 2020 production guidance of 1.5mln ounces of gold equivalent.
4D pharma (LON:DDDD) is soaring this morning after announcing the complete clinical benefit from its early stage cancer trial. 42% of the group benefited from the two drugs.
Eqtec (LON:EQT) has signed an equipment and services deal relating to a waste gasification project in Greece.
And finally Wetherspoons (LON:JDW) has a saucy problem! It’s all thanks to Rishi Sunak’s popular Eat Out to Help Out discount scheme. Due to high demand all of their Tomato Ketchup is running out.