The London markets will be keeping their eyes and ears peeled today as emergency Brexit talks continue with uncertainty over how Prime Minister Boris Johnson will approach the divorce treaty after four years of deadlock. And this afternoon the ECB will announce their latest rate decision.
Sales at Morrisons (LON:MOR) surged in the six months to the beginning of August – by 8.7%. But profits drop because of coronavirus-related costs – which rose by £155m to deal with the pandemic, including temporary workers and staff bonuses. The retailer said fuel sales hit income as more people worked from home.
BP (LON:BP) is trading lower this morning despite the £850mln investment in wind projects owned by Norway’s Equinor.
For the small caps – Zoetic International (LON:ZOE) has inked a second international distribution contract and noted continued progress with their core CBD business.
Gfinity PLC (LON:GFIN) said it has been appointed by chocolate maker Cadbury to deliver a new gaming tournament, the ‘Cadbury Heroes Parents League’, which will be broadcast across the company’s owned channels including Twitch and YouTube.
And finally Greatland Gold PLC‘s (LON:GGP) Gervaise Heddle has announced what he called ‘another excellent set of results’ at Havieron – and there is currently an interview on the website https://www.proactiveinvestors.co.uk/