FTSE 100 made a poor start to ‘Freedom Day’ as traders worried about rising COVID-19 infections in the UK and inflation concerns in the US. London’s leading index tumbled 95 points to 6,912 in early trading.
Marks & Spencer Group PLC (LON:MKS) and the Confederation of British Industry (CBI) are calling for the government to tackle the so-called ‘pingdemic’. People keep receiving notifications from the NHS test and trace app imposing to self-isolate.
Publican Greene King says it had to close 33 pubs in the past week due to ping alerts. Over half a million people were told to quarantine in England and Wales in the week to 7 July.
Rightmove PLC (LON:RMV) expects June to be the busiest month for house sales on record in the UK. The online portal said the first six months of 2021 have been the most active in two decades.
United Oil & Gas Plc (LON:UOG) announced another success at its latest development well, Al Jahraa-8 (AJ-8), at the Abu Sennan concession in Egypt. The well encountered more than 40 metres of net oil pay across three reservoir units.
One Media iP Group PLC (LON:OMIP) has acquired certain composition and recording rights to the catalogue of country music legend Don Williams. The digital music rights specialist has secured the rights to more than 200 songs from Williams’s golden period in the 1970s and 1980s
Sensyne Health PLC (LON:SENS) is mulling a potential dual listing on Nasdaq. The ethical AI company said it would complement its primary listing on AIM as it is committed to keeping its headquarters in the UK.
