Chemring boosts profits outlook after strong orders for military technology and electronic combat systems Just over £450million in orders was received by the Romsey-based business Chemring has borrowed £50m from the Covid Corporate Financing Facility CEO Michael Ord: ‘We have good momentum as we near the end of FY20’ By Harry Wise For This Is … Read more
Property prices across the country are set to continue falling over the next couple of years despite Chancellor Rishi Sunak’s stamp duty cut, new research suggests. The Centre for Economics and Business Research has predicted that house prices will fall by 5 per cent this year and a further 10.6 per cent in 2021. The CEBR … Read more
Property sales will slump more than previously expected and remain subdued into next year, estate agent Savills has warned, as it issued new house price forecasts. Savills said it expected UK house prices to fall by about 7.5 per cent this year across the UK, with property values recovering at different rates of growth. While … Read more
Income investors face a 16 per cent drop in dividends from Britain’s top companies this year as they attempt to weather the Covid-19 crisis, a new forecast shows. Nearly half of FTSE 100 firms have now cut or suspended shareholder rewards as the coronovirus pandemic takes a dramatic toll on business activity. The other half … Read more