London stocks inched higher on Friday as upbeat retail sales data, the prospect of easing coronavirus restrictions and hopes for a vaccine set the benchmark indexes on course for their third straight week of gains.
Shares in Polish e-commerce group Allegro leapt more than 60% on their debut on Monday, giving the company a market value of almost $19 billion in Europe’s biggest initial public offering (IPO) so far this year.
A new report says many UK retailers created e-tail roles and took other digital actions during lockdown, and also that they plan to focus more on local high streets and less on city centres for their stores.
British e-commerce firm The Hut Group could launch an initial public offering (IPO) as early as this week in a deal that could value the company at up to 4.5 billion pounds ($5.9 billion), sources said.
From dress designers to hat makers to the hospitality sector, Royal Ascot is usually a lucrative source of income for a whole industry connected with one of Britain's most feted social and sporting events.