Energy News Today

Shoppers splurge as retail sales soar 9.2% in April but crypto chaos dominates mood

FTSE 100 dropped in early trading as cryptos wobbled gain even with strong rebound in retail sales in April. London’s blue-chip index shed 31 to 6,988.

UK retail sales bounced backed following the reopening of non-essential outlets in April. Volumes rose by 9.2% in April compared to the month previously.

Building society Nationwide’s profits nearly doubled last year as it improved interest income and margin. Underlying profits rose to £790mln, though bad debts remained high at £190mln.

The Pfizer vaccine should be effective against the Indian variant of Covid-19 said the boss of its partner BioNTech. A recent study showed the vaccine to be 75% effective against the South African variant and Ugur Sahin said he expected a similar result against the Indian mutation.

Among the small caps, Induction Healthcare PLC (LON: INHC) is acquiring Attend Anywhere, a video consultation provider, for £15mln in cash. It’s the UK market leader in video consultation with an NHS footprint of 200,000 patients.

() has signed an agreement with St Luke’s University Health Network in Pennsylvania. The AI-led firm will have access to 2.5mln anonymised patient records for research purposes.

() has received a favourable ruling for its appeal against the UK’s tax authorities. The HMRC denied the oiler credit for input VAT in 2016.

Read More: Shoppers splurge as retail sales soar 9.2% in April but crypto chaos dominates mood

2021-05-21 04:37:00

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy
%d bloggers like this: