* Shares jump 11%
(Adds analyst comment, cash burn details, background, updates
Premier Inn owner Whitbread plans to cut up to 6,000 jobs at its hotels and restaurants as the COVID-19 pandemic ravages the travel and hospitality industries and the British government winds down a job support scheme.
Life and general insurer Aviva is offloading its Singapore business to a consortium led by Singapore Life, for S$2.7 billion ($1.98 billion), as the London-listed firm sharpens its focus on Britain, Ireland and Canada.
David Beckham's Guild Esports plans to list in London this year, making the former England soccer captain's esports enterprise the first to go public in Britain. | Video
Britain's biggest sportswear retailer JD Sports pointed to an encouraging performance since its shops reopened following coronavirus curbs and felt confident enough to give guidance for the rest of its financial year, sending its shares higher.
British pub operator J D Wetherspoon said on Monday its sales were still down sharply year-on-year despite help from the government's subsidised meal scheme, and called for tax relief for the hospitality sector to be extended.
Aug 24 British pub operator J D Wetherspoon
said on Monday its sales were still down sharply
year-on-year despite help from the government's subsidised meal
scheme, and called for tax relief for the hospitality sector to
The world's largest inter-dealer broker TP ICAP signalled on Friday that the surge in trading volumes caused by the COVID-19 pandemic was tailing off, adding that turnover in July was materially lower than a year ago.
* Shares fall 10.3%
(Adds CFO quote, shares, outlook, background)
British retailer WH Smith said on Wednesday it could cut up to 1,500 jobs as part of a restructuring of its UK store operations, due to significantly fewer customers at its travel and high street shops despite easing coronavirus restrictions.