(Adds futures and news items)
* DUNELM: Dunelm Group DNLM.L reinstated its interim dividend and posted a higher first-half profit, as strong online demand offset store closures during repeated coronavirus-induced restrictions. LANCASHIRE: Lancashire LRE.L posted a surprise profit for 2020 as a recovery in its investment portfolio offset nearly $150 million in losses linked to the COVID-19 crisis and natural catastrophes. REDROW: Redrow Plc RDW.L reported an 11% rise in first-half profit on Wednesday and resumed dividend payment, as demand jumped for its spacious suburban homes in the wake of COVID-19 pandemic. PERSIMMON: Persimmon PSN.L said it made a provision of 75 million pounds in its 2020 results to pay for necessary work on its buildings that may be affected by cladding issues. TESCO: Tesco TSCO.L shareholders will vote on a resolution at this year's annual meeting calling for Britain's biggest food retailer to set targets to increase the proportion of healthy products it sells. COVID-19: A commonly used asthma treatment appears to reduce the need for hospitalizations as well as recovery time for COVID-19 patients if given within seven days of symptoms appearing, researchers at the University of Oxford said on Tuesday. GOLD: Gold rose as a weaker dollar and rising hopes of a U.S. stimulus package elevated bullion's appeal as a hedge against inflation. OIL: Oil prices rose again, extending their more than week-long rally after industry data showing a fall in U.S. crude oil stocks added to optimism about an expected rise in global fuel demand. The UK blue-chip index .FTSE closed 0.1% higher on Tuesday as investors looked for signs of progress in passing a proposed $1.9 trillion stimulus plan by the U.S. administration that could help spur a faster economic recovery this year. For more on the factors affecting European stocks, please click on: LIVE/
TODAY'S UK PAPERS
> Financial Times
> Other business headlines
Add Chart to Comment
We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
- Enrich the conversation
- Stay focused and on track. Only post material that’s relevant to the topic being discussed.
- Be respectful. Even negative opinions can be framed positively and diplomatically.
- Use standard writing style. Include punctuation and upper and lower cases.
- NOTE: Spam and/or promotional messages and links within a comment will be removed
- Avoid profanity, slander or personal attacks directed at an author or another user.
- Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
- Only English comments will be allowed.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.