The Guardian 06/03 | Vox Markets

The Guardian 06/03

ITV (ITV) forecasts a 10% drop in advertising revenues due to coronavirus. Shares fall 8.5% as ITV says companies in the travel sector are pulling ads as the virus spreads.

John Lewis staff bonus at 67-year low as more closures announced. Three Waitrose stores to shut this year, putting about 400 jobs at risk.

Admiral Group (ADM) to be the second FTSE 100 firm to have women as CEO and chair. Milena Mondini de Focatiis to be insurer’s new boss, working alongside chair Annette Court.

British Gas and VW unveil three-year electric vehicle deal. Engineers to install the fastest home car-charger available in an exclusive one-stop package.

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