Home prices hit new high as lockdown eases – live updates


3) Coaching bosses warn 27,000 jobs at risk this winter: Bosses urge ministers to ban lenders from taking back coaches to give operators a break during a traditionally quieter period. This follows the loss of 2,500 positions when the owner of Shearings collapsed in administration in May.4) The rise and fall of ITV against the fall of the FTSE 100: At the start of the year, hopes were high for ITV. The Euro 2020 soccer tournament was on the horizon and Winter Love Island was about to kick off – both attracting advertisers. Months later, reality hit hard.

5) Ted Baker founder Ray Kelvin has appointed a representative to the company’s board of directors, 18 months after he stepped down as boss amid a ‘forced hugging’ scandal and allegations of inappropriate behavior towards staff. The retailer has appointed Colin La Fontaine Jackson as a director named on behalf of Mr. Kelvin, who still owns nearly 12% of the company.

What happened during the night

ASian’s actions were mixed on Wednesday after another U.S. rally boosted by positive economic data, even as the coronavirus pandemic has parts of the world struggling with recessions.

Benchmarks rose in Tokyo and Sydney but fell in Hong Kong and Shanghai.

Australia reported its worst GDP drop on record, contracting 7% in the April-June quarter. This resulted in the country’s first recession in 30 years.

However, regional market sentiment was boosted by better-than-expected data on the US economy.

Japan’s benchmark Nikkei 225 edged up 0.3% in morning trading to 23,204.94. Australia’s S & P / ASX 200 rose 1.5% to 6,043.20. South Korea’s Kospi was stable at 2,350.10. The Hong Kong Hang Seng slipped 0.5% to 25,059.92, while the Shanghai Composite fell 0.5% to 3,393.58.

Wall Street kicked off September with another round of milestones on Tuesday, as an afternoon rally took the S&P 500 and Nasdaq composite to all-time highs.

Coming today

Intermediate results: Eddie Stobart

Full year: Barratt Developments

Economy: Bailey, Ramsden and Vlieghe from BoE on the Treasury Selection Committee (UK); ADP Job Change, Factory Orders (US)


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