Times 27/2 | Vox Markets

Times 27/2

The FTSE 100 drinks group behind Johnnie Walker and Guinness, Diageo (DGE), joined the growing list of companies to warn about the impact of coronavirus as it predicted a hit of up to £200 million on its 2020 profits.

An extraordinary rift at the heart of the family has thrown a spotlight on the tangled web that binds the Barclays (BARC)’ various interests.

Weir Group (WEIR) is preparing to sell its oil and gas division after a £546 million writedown on the value of the business pushed the group to an annual loss.

Metro Bank (MTRO), the challenger lender pole-axed by an accounting blunder last year, slumped to a full-year loss of £130.8 million for 2019 and will have to pay back £50 million of subsidy payments after reining in expansion plans.

The suffered its biggest intraday fall in almost five months amid worries that its $27 billion acquisition of Refinitiv could be delayed.

The chief executive of SIG (SHI) has left, only a fortnight after returning to work from a leave of absence taken for family reasons before Christmas.

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BARC
Barclays
DGE
Diageo
MTRO
Metro Bank
SHI
SIG
WEIR
Weir Group

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