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Stocks rise as UK economy rebounds in March with 2.1% growth - business live

by All News Admin
May 12, 2021
in Business
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  • UK stays hardest hit by pandemic amongst G-7 nations
  • European Fee lifts development forecasts on vaccines, stimulus
  • UK commerce with EU recovers in March
  • Oil costs rise as IEA sees demand restoration outpacing provide
  • Tui to deploy Dreamliner as Portugal bookings skyrocket

12.26pm BST

We may additionally see a shareholder revolt over pay plans for prime bosses at Cineworld.

Britain’s largest cinema chain, which is about to start reopening its 127 UK websites from subsequent week as pandemic restrictions are lifted, has drafted a brand new remuneration coverage that would see executives awarded greater than £200m in shares, stories our media enterprise correspondent Mark Sweney.

12.13pm BST

The oil large BP can also be holding its annual assembly in the present day, and can come underneath stress from local weather campaigners. Our power correspondent Jillian Ambrose stories:

BP chairman Helge Lund has referred to as on shareholders to vote towards a inexperienced activist decision to strengthen its local weather ambitions on the oil firm’s distant AGM in the present day.

Proceed studying…



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Tags: BusinessEconomyGrowthLiveMarchreboundsriseStocks
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