Germany heads for deep recession as EU leaders fail to agree Covid-19 rescue – business live | Business

10.24am BST10:24 Together the dividend cuts from Aviva, RSA (which we had previously missed), Direct Line and Hiscox today add up to £1.3bn, according to AJ Bell. The spotlight is very much on Phoenix Group, Admiral and Prudential, none of whom have yet reacted to the Bank of England’s strong-arm tactics. Russ Mould, investment director […]

Donald Trump tariff threat hangs over global stock markets – business live | Business

9.19am GMT09:19 An hour into trading, and blue-chip shares in London are down by 0.9%, accelerating losses from initial exchanges. The mid-cap FTSE 250 has lost 0.6%. Kingfisher is the biggest faller, down by 6.9%, while accounting tech company Sage Group and insurer Aviva have lost 3.6% and 3.3% respectively. On the latter two, from […]