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myrongranata79Guest<p class=”mol-para-with-font”>Boris Johnson’s drive to ‘end the era of retreat’ and bolster Britain’s defence spending was music to traders’ ears. </p><p class=”mol-para-with-font”>Shares in military contractors advanced after the Prime Minister twisted Chancellor Rishi Sunak’s arm and netted an extra £16.5 billion of funding that will be paid out over the next four years. </p><p class=”mol-para-with-font”>The UK’s biggest defence company, <span class=”mol-style-bold”></span>, was changing hands at 507.8p, a rise of 1.7 per cent, or 8.7p, on the back of the announcement, which Johnson said will protect hundreds of thousands of jobs and create 40,000 roles. </p><div class=”artSplitter mol-img-group” style=”style”> <div class=”mol-img”> <div class=”image-wrap”>
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</noscript> </div> <p class=”imageCaption”>Shares in military contractors advanced after the Prime Minister twisted Chancellor Rishi Sunak’s arm and netted an extra £16.5 billion of funding </p></div><p class=”mol-para-with-font”>A tranche of the money will be spent on Tempest, the bumper programme BAE is working on to design and build a sixth-generation fighter jet.
In another piece of good news, BAE also bagged a £58 million deal with the US navy. If you liked this short article and you would such as to receive more facts relating to which is available to customers in Switzerland who are looking to start trading stocks and currency online. kindly visit our own internet site. </p><p class=”mol-para-with-font”>Outsourcers including <span class=”mol-style-bold”><div><div data-track-module=”am-related_carousel^related_carousel” data-track-selector=”.rotator-panels a:not([class*=external])” data-dm-rotator-rotate=”false” data-track-pos=”static” data-dm-rotator-auto-init=”” id=”p-18″ class=”related-carousel with-fb-or-tw money” data-dm-rotator-active-class=”active” data-dm-rotator-page-count=”3.0″ data-dm-social-article-auto-init=”” data-dm-rotator-page-size=”1″> <div class=”rotator bdrcc”> <div class=”rotator-title”> <h2>RELATED ARTICLES</h2> <ul class=”rotator-pages link-xocc”> <li class=”rotator-prev”>Previous
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</div> <div class=”fb”> <h2>Share this article</h2> <div class=”big-share”><span class=”wai”>Share</span></div> </div> </div> </div><p class=”mol-para-with-font”>But <span class=”mol-style-bold”></span>undid early gains to close down 1.8 per cent, or 5.8p, to 311.7p.
Another major contractor, <span class=”mol-style-bold”></span><span class=”mol-style-bold”><p class=”mol-para-with-font”>Mitie shares slumped 6.6 per cent, or 2.75p, to 38.65p, after it revealed profits nosedived by 85 per cent to £2.1 million during the six months to September, which covered virtually all of the first nationwide lockdown. </p><div class=”artSplitter mol-img-group” style=”style”> <div class=”mol-img”> <div class=”image-wrap”>
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</noscript> </div> <p class=”imageCaption”>Morrisons was on the up (rising 2.9 per cent, or 5.25p, to 186.2p) after Goldman Sachs upgraded its stock from ‘sell’ to ‘buy'</p></div><p class=”mol-para-with-font”>Boss Phil Bentley said this had been better than expected and that its deep cleaning services helped it win customers including <span class=”mol-style-bold”> </span>(down 1.1 per cent, or 1.45p, to 130.75p), Royal London and Morrisons. </p><p class=”mol-para-with-font”>Speaking of Morrisons, the supermarket was on the up (rising 2.9 per cent, or 5.25p, to 186.2p) after Goldman Sachs upgraded its stock from ‘sell’ to ‘buy’.
Analysts said they thought the grocer would be the best placed to benefit from the shift to online sales over the next couple of years. </p><p class=”mol-para-with-font”><span class=”mol-style-bold”></span>was also on a winning streak, up 3.1 per cent, or 73p, to 2423p, as the smoke detector and automatic door sensor maker raised its first-half dividend by 5 per cent to 6.87p per share.
Despite these rises, it was a subdued day on the wider market. </p><div class=”art-ins mol-factbox floatRHS money” data-version=”2″ id=”mol-300c53a0-2a95-11eb-9938-232750a1371e” website REPORT: Investors hail £16.5bn defence spending pledge
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