(Adds futures, news items)
* SHELL: Royal Dutch Shell RDSa.L announced plans to cut up to 9,000 jobs, or over 10% of its workforce, as part of a major overhaul to shift the oil and gas giant to low-carbon energy. COMPASS: Compass Group CPG.L expects annual organic revenue to fall by 19% and said it would impair about 100 million pounds worth of assets as it reviews its contracts to deal with the blow from the COVID-19 pandemic. HAMMERSON: London-based mall operator Hammerson HMSO.L named Rita-Rose Gagné as its new chief executive officer and executive director, replacing David Atkins. WILLIAM HILL: William Hill WMH.L said it had agreed to be acquired by Caesars Entertainment CZR.O , which has valued the British bookmaker at 2.9 billion pounds ($3.72 billion). BOOHOO: Boohoo BOOH.L , seeking to rebuild investor confidence after failings were found in its UK supply chain, on Wednesday reported a 51% increase in first half profit and raised its full year guidance. BP: The start of operations of Train 3 at BP 's BP.L Tangguh LNG plant in Indonesia is set to be pushed back again due to labour restrictions implemented as a precaution during the COVID-19 pandemic, the company and a regulator said. TOPPS TILES: Tile retailer Topps Tiles Plc TPT.L said it expects a 12% drop in full-year revenue, owing to a slower recovery in commercial demand caused by coronavirus-led disruptions. GDP: Britain's economy shrank by a record 19.8% in the second quarter of 2020 when COVID-19 lockdown measures were in force, official figures showed. HOUSEPRICES: British house prices rose 5% annually in September, mortgage lender Nationwide said. GLAXOSMITHKLINE: The chief executive of GlaxoSmithKline GSK.L said she was optimistic the industry will be able to make an immunisation against COVID-19 widely available next year. INFORMA: The world's largest exhibitions group Informa INF.L said on Tuesday it would issue euro bonds worth 640 million pounds as part of its COVID-19 action plan. GOLD: Gold dipped as the dollar ticked up after Republican President Donald Trump and Democratic rival Joe Biden sparred in the first U.S. presidential debate ahead of the Nov. 3 election. The UK blue-chip index .FTSE dropped 0.5% on Tuesday, on worries about a stalling economic recovery and surging COVID-19 cases, with pub owners sliding on the prospect of further curbs as another round of Brexit negotiations began. 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.