Europe Business

12 million people in Britain will struggle to pay bills, watchdog says

01h00 Some 12 million people in Britain are likely to struggle with bills and loan repayments as the COVID-19 pandemic continues to wreak economic havoc, a Financial Conduct Authority survey tracking consumer financial resilience showed on. . .  Full story

Euronext resolves mix up of buy and sell orders on trades struck on Tuesday

21/10 Exchange operator Euronext said that there was mix up of buy and sell orders on a number of trades struck on Tuesday and later told Reuters that the issue was resolved by Wednesday evening. . .  Full story

Hard-hit Belgium faces second COVID-19 lockdown

21/10 Belgium could order another lockdown to curb the spread of COVID-19 infections as early as next week, a spokesman said on Wednesday, as the country grapples with a new wave of the virus potentially. . .  Full story

UK's Sunak to face parliament as lockdown pressure mounts

21/10 British finance minister Rishi Sunak will address parliament on Thursday about the outlook for the economy, as he faces growing pressure to offer more support to businesses and workers hit by tightening COVID lockdown rules.. . .  Full story

Oil prices fall as inventory report reflects demand weakness

21/10 Oil prices settled lower on Wednesday after U.S. inventory figures showed demand weakening for refined products as global COVID-19 cases spiked.. . .  Full story

Gold jumps 1% as bets grow on U.S. relief deal, dollar retreats

21/10 Gold rose 1% to its highest in over a week on Wednesday as investor optimism that a U.S. coronavirus aid package will be announced before the Nov. 3 presidential elections pressured the dollar and. . .  Full story

Hedge fund inflows at highest since 2018 in third quarter

21/10 Hedge funds added $13 billion of assets between the start of July and end of September, the first time the industry has generated net inflows in any quarter since 2018, data from industry tracker. . .  Full story

Sweeter offer for Atlantia unit could derail spin-off, proxy advisers say

21/10 Any vote by shareholders in October in favour of the spin-off of the Italian motorway assets of Atlantia could be set aside if an attractive offer from state lender CDP or other suitors came. . .  Full story

EU, Britain agree to resume trade talks after week-long hiatus

21/10 Britain will resume talks with the European Union on Thursday, marking a new push by the two sides to protect billions of dollars worth of trade from the beginning of next year.. . .  Full story

FTSE 100 slides as stronger pound, lockdown worries weigh

21/10 London's FTSE 100 slipped to a near one-month low on Wednesday as the pound jumped on hopes Brexit talks were set to resume, while investors remained concerned over prospects of more coronavirus restrictions in. . .  Full story

Monte dei Paschi board to discuss increase in legal provisions - sources

21/10 Italian bank Monte dei Paschi (MPS) has called an extraordinary board meeting on Oct. 29 to discuss increasing provisions against legal risks after a court convicted two former top executives, two sources close to the. . .  Full story

The 10 "Organising Principles" underpinning relaunched UK-EU talks

21/10 Britain and the European Union have agreed to resume talks on reaching a trade deal to govern their future relations, setting out a new set of "organising principles" for intensified talks to begin on. . .  Full story

Ferragamo family explores stake sale as stars' shoemaker seeks to recover shine - sources

21/10 The family owners of Italian fashion house Salvatore Ferragamo have held informal talks with investors to sell a minority stake in their holding firm as they scramble to turn around the brand famous for shoes. . .  Full story

Copper moves above $7,000 for the first time since June 2018

21/10 Copper leapt above $7,000 a tonne on Wednesday for the first time since June 2018, helped by hopes for U.S. stimulus, strikes at mines in Chile, expectations of healthy demand in China and a. . .  Full story

European stocks fall as healthcare, construction sectors drag

21/10 European shares fell for a third straight session on Wednesday, as losses in healthcare and construction stocks countered a lift from encouraging earnings from consumer giant Nestle and telecoms equipment maker Ericsson.. . .  Full story

Insurers drop appeal against UK COVID-19 payout ruling on three policies

21/10 Six insurers have decided not to appeal against a London High Court ruling that they were wrong to reject claims from holders of three business interruption insurance policies who have been pushed to the. . .  Full story

HSBC to cut up to 300 jobs in UK commercial banking overhaul -source

21/10 HSBC has launched a restructuring of its commercial banking business in Britain, a source familiar with the matter told Reuters on Wednesday, resulting in around 300 job losses.. . .  Full story

China’s rise and U.S. fears about decline: Kemp

21/10 In his landmark study of the history of economic growth, Joel Mokyr observed "the best predictor of the living standard that a newborn baby can expect to enjoy is the accident of where he. . .  Full story

German yields come off one-week highs as European stock fall

21/10 German 10-year bond yields touched their highest in a week in early trade on U.S. stimulus hopes, but demand for the safe-haven assets reversed as European stock markets fell back into the red and. . .  Full story

German Jan-August oil imports fell 2% versus year ago

21/10 German crude oil imports in the first eight months of 2020 were 2% below those a year earlier as the coronavirus crisis and related lockdowns hit industrial activity, official data showed on Wednesday.. . .  Full story

China's imports are soaking up the world's excess copper: Andy Home

21/10 The refined copper market is on course to register a supply-demand shortfall this year, according to the International Copper Study Group (ICSG).. . .  Full story

Swiss mull tighter restrictions as COVID-19 cases soar

21/10 Switzerland is considering tighter restrictions including mini-lockdowns to check a rapidly rising number of coronavirus cases, Health Minister Alain Berset said on Wednesday.. . .  Full story

Spanish court clears banks of market abuse in mortgage case

21/10 In a boost for Spain's banks, the Supreme Court said on Wednesday a mortgage pricing index used during the country's property crisis was valid and did not constitute market abuse, although there was a. . .  Full story

Iberdrola secures 98.25% stake in Australian Infigen

21/10 Spain's Iberdrola said on Wednesday it had secured a 98.25% stake in Australian wind and solar firm Infigen share capital through a public takeover offer.. . .  Full story

Germany takes extra slice of EU pork sales after Asian ban

21/10 Germany's meat processors are sending pork chops and bacon previously earmarked for Asia to supermarkets across the European Union after China, South Korea and Japan banned German imports due to an outbreak of African Swine. . .  Full story

Easing stocks research rules will not help small firms -EU watchdog head

21/10 European Union proposals to ease rules on the funding of broker research into small and medium sized companies will not help those firms, the head of the bloc's securities watchdog said on Wednesday.. . .  Full story

Pandemic-hit borrowers should be get interim support - central bank

21/10 Ireland's central bank expects lenders to adopt interim measures to support borrowers experiencing temporary income shocks as a result of tightened COVID-19 restrictions, governor Gabriel Makhlouf said on Wednesday.. . .  Full story

Germany finds 9 new African swine fever cases in wild boar

21/10 Nine more cases of African swine fever (ASF) have been confirmed in wild boars in the eastern German region of Brandenburg, Germany’s agriculture ministry said on Wednesday.. . .  Full story

After years of growth, Frankfurt bank jobs to decline amid virus - study

21/10 A steady increase in banking jobs in the German financial capital of Frankfurt has likely come to an end because of the coronavirus pandemic, according to a study by German lender Helaba on Wednesday.. . .  Full story

Portugal cancels Wednesday's T-bill auction; traders see excess liquidity

21/10 Portugal's state debt agency IGCP said it had cancelled Wednesday's auction of Treasury bills, where it planned to sell up to 1.25 billion euros ($1.5 billion) of 3- and 11-month bills, without explaining the. . .  Full story

Germany's Canyon for sale as pandemic pushes cycling, sources say

21/10 German bicycle maker Canyon is for sale as founder Roman Arnold and minority stakeholder TSG Consumer Partners seek to tap into demand spurred by the pandemic, three people close to the matter said.. . .  Full story

Italian rail operator and Snam to study hydrogen for trains

21/10 Italian rail operator Ferrovie dello Stato (FS) has signed an agreement with Europe's biggest gas transport group Snam to study using hydrogen for its transport network.. . .  Full story

EU countries back binding green farming schemes

21/10 European Union agriculture ministers agreed on Wednesday to set aside part of the bloc's massive farming policy budget for programmes that protect the environment.. . .  Full story

Finnish drugmaker Orion's Q3 sales fall after coronavirus spike

21/10 Finnish drugmaker Orion on Wednesday reported a drop in quarterly profit and sales, after raising its full-year outlook a day earlier, helped by higher sales of its drugs in March and April due to. . .  Full story

Port of Rotterdam sees recovery in trade after pandemic shock

21/10 Freight volumes in the Port of Rotterdam improved in the third quarter after the deep slump caused by the coronavirus pandemic in the first half of the year, Europe's largest sea port said on. . .  Full story

Ericsson tops forecast on margin gains and 5G in China

21/10 Telecoms equipment supplier Ericsson beat quarterly core earnings forecasts on Wednesday, helped by higher margins and China's 5G rollout, and said it was "more confident" about meeting its 2020 targets.. . .  Full story

Nordic 2021 economic growth forecasts trimmed, virus spread top risk

21/10 The recession in Sweden and Norway from the COVID-19 pandemic is now expected to be shallower than originally projected, but forecasts for the recovery next year have been trimmed back in the latest Reuters poll. . .  Full story

Norway's Telenor lifts 2020 earnings view after Q3 beat

21/10 Norway's Telenor raised its full-year earnings guidance after beating third-quarter expectations on Wednesday as cost cuts offset lower subscriber and roaming revenue.. . .  Full story

Norsk Hydro, Lyse form Norwegian hydropower joint venture

21/10 Aluminium producer Norsk Hydro and municipal utility Lyse are merging parts of their hydropower production into a joint company to secure long-term renewables production and competitiveness, they said on Wednesday.. . .  Full story

Credit Suisse teams up with AXA for digital app

21/10 Credit Suisse is teaming up with French group AXA to offer financial products on the Swiss bank's new digital banking app which launches next week, it said on Wednesday.. . .  Full story

Iberdrola pledges more growth as 9-month profit rises 4.7%

21/10 Spanish green energy company Iberdrola reported 4.7% net profit growth for the first nine months on Wednesday and said it still expected that metric to rise at a mid to high-single digit rate this. . .  Full story

Infinite Power signs power supply agreement with Framatome, Marubeni

21/10 Britain's Infinite Power said on Wednesday it had signed a letter of intent with Japan's Marubeni Corp and Germany's Framatome to provide uninterruptible power in nuclear energy facilities.. . .  Full story

Handelsbanken net profit hit by restructuring costs

21/10 Sweden's Handelsbanken reported a fall in quarterly net earnings on Wednesday due to restructuring costs, though the bank's loan portfolio continued to weather the impact of the coronavirus pandemic with ease.. . .  Full story

UK Stocks-Factors to watch on Oct 21

21/10 Britain's FTSE 100 index is seen opening 18 points higher at 5,907 on Wednesday, according to financial bookmakers, with futures up 0.09% ahead of cash market open.. . .  Full story

Telecom operator Telia ups 2020 forecast after Q3 beat

21/10 Nordic telecom operator Telia Company on Wednesday reported quarterly core earnings ahead of market expectations aided by cost savings, and upped its forecasts for the full year.. . .  Full story

Metro Bank warns capital levels remain below regulators' expectations

21/10 Britain's Metro Bank reported a 2% increase in lending for the third quarter, but warned its capital levels remain below buffers expected by regulators as it grapples with the impact of the COVID-19 pandemic.. . .  Full story

Randstad beats Q3 core earnings expectations, sees revenue recovering

21/10 Randstad NV, the world's largest staffing company, on Wednesday reported better-than-expected third-quarter core earnings and said it was seeing a "significant recovery" of revenues lost earlier in the COVID-19 pandemic.. . .  Full story

Poland has financed a tenth of 2021 borrowing needs, minister says

21/10 Poland has financed about 10% of 2021 borrowing needs, Finance Minister Tadeusz Koscinski told the daily Rzeczpospolita.. . .  Full story

United Airlines testing global health app on UK-U.S. flight in effort to reopen borders

21/10 United Airlines is set on Wednesday to test a digital health pass under a global pilot program seeking to establish a common international standard for COVID-19 test results and eventually vaccine records that could help. . .  Full story

World trade rebounding slowly, outlook uncertain - UN report

21/10 The value of global trade is set to fall by 7% to 9% in 2020 from the previous year, despite signs of a fragile rebound led by China in the third quarter, a United. . .  Full story

Pandemic speeds labour shift from humans to robots, WEF survey finds

21/10 Robots will destroy 85 million jobs at mid-sized to large businesses over the next five years as the COVID-19 pandemic accelerates changes in the workplace likely to exaggerate inequalities, a World Economic Forum (WEF) study. . .  Full story

Euronext resumes trading as outage raises concentration concerns

20/10 Trading on Euronext resumed on Tuesday after a series of glitches on Monday disrupted several of Western Europe's major stock exchanges and raised concerns about the risk of one operator hosting so many bourses.. . .  Full story

Equinor bids for two wind power projects off U.S. East Coast

20/10 Norwegian energy firm Equinor said on Tuesday it had submitted two bids in New York's second offshore wind auction, following a deal it signed with BP last month to cooperate on offshore wind in. . .  Full story

Oil up on U.S. stimulus hopes, rising virus cases keep prices in check

20/10 Oil gained more than 1% on Tuesday on the prospect the United States was nearing a deal on coronavirus relief, but the threat to demand from rising COVID-19 cases worldwide and increased Libyan output. . .  Full story

China's Sinovac vaccine to be included in Brazil's immunization program, governors say

20/10 The Brazilian government will include China's Sinovac vaccine against COVID-19 in its national immunization program, state governors said on Tuesday after a meeting with the country's health minister, in addition to one developed by AstraZeneca. . .  Full story

U.S., Britain upbeat as trade talks enter new round

20/10 The United States and Britain expressed optimism about the prospects of a trade deal on Tuesday as they launched the latest round of talks focused on goods and tariffs.. . .  Full story

Atlantia gives CDP-consortium until Oct. 27 to improve Autostrade bid

20/10 Italy's Atlantia said it would give a consortium led by state lender Cassa Depositi e Prestiti (CDP) until Oct. 27 to improve a bid for the group's 88% stake in motorway business Autostrade per. . .  Full story

-Italy's 5 Star Movement says Leonardo CEO should resign after Monte dei Paschi ruling

20/10 Italy's ruling 5-Star Movement called on the head of defence and aerospace group Leonardo to step down after he was found guilty of false accounting in his previous role as chairman of Banca Monte. . .  Full story

Goldman Sachs sends some London staff home following positive tests for COVID-19

20/10 Goldman Sachs has sent some staff home from its London office after two employees tested positive for COVID-19.. . .  Full story

Gold firms on easing dollar, U.S. stimulus bets

20/10 Gold edged higher on Tuesday as the dollar weakened and hopes for a U.S. coronavirus aid package ahead of the presidential election boosted bullion's appeal as an inflation hedge. Spot gold. . .  Full story

Russia's economy contracts more slowly in Sept, by 3.3% y/y

20/10 Russia's economy was 3.3% smaller in September than a year earlier, data showed on Tuesday, following a sharper contraction, revised to 3.7%, in August.. . .  Full story

French activists say 100,000 hurt by Total's Ugandan oil operation

20/10 Over 100,000 people in Uganda and Tanzania have been hurt by human rights violations linked to Total's oil operations in Uganda, two French activist groups said in a report on Tuesday.. . .  Full story

-Italian court convicts three former Monte Paschi execs in derivatives trial

20/10 A Milan court convicted three former executives of Banca Monte dei Paschi di Siena at the end of a long-running false accounting case on Thursday, a result that could hinder Italy's bid to re-privatise. . .  Full story

Incomes of Russians fall in Q3 as coronavirus crisis bites

20/10 Russians' real disposable income fell 4.8% in year-on-year terms in the third quarter after its sharpest plunge in 20 years in the preceding quarter, data showed on Tuesday, highlighting Russia's lingering issue with living standards.. . .  Full story

-Monte dei Paschi mulling higher provisions after court ruling - sources

20/10 State-owned bank Monte dei Paschi (MPS) is considering raising provisions for legal risks after its former CEO and chairman were convicted last week in a false accounting case, two sources familiar with the matter said.. . .  Full story

Russian banking sector profit rises further in September, says central bank

20/10 Russia's banking sector profit rose to 200 billion roubles ($2.59 billion) in September, up from 172 billion roubles in August, the central bank said on Tuesday.. . .  Full story

London stocks rise on hopes of Brexit trade deal

20/10 London stocks closed higher on Tuesday as investors remained hopeful of a trade deal with the European Union by year-end, although gains were capped by concerns over tougher coronavirus lockdowns in parts of England.. . .  Full story

European shares slip as BREXIT, lockdown worries outweigh upbeat earnings

20/10 European stocks fell on Tuesday as worries about coronavirus curbs and BREXIT countered optimism generated by strong earnings, including from Swiss bank UBS and consumer giant Reckitt Benckiser.. . .  Full story

Copper's upsurge on lower dollar takes it to 28-month high

20/10 Copper prices hit 28-month highs on Tuesday as expectations of robust demand from top consumer China were reinforced by a lower dollar, as markets awaited the outcome of fiscal stimulus talks in the United. . .  Full story

Irish regulator delivers rebuke to long-established funds

20/10 A significant number of fund management companies authorised to operate in Ireland before stricter regulations were introduced in 2017 have not yet fully implemented the framework and some may face penalties, Ireland's Central Bank said. . .  Full story

Spain's constitutionally enshrined fiscal pledge falls victim to pandemic

20/10 Spain's parliament on Tuesday gave the green light to the government to exceptionally suspend fiscal straightjacket rules in order to help the economy cope with the coronavirus pandemic.. . .  Full story

Italy to sell a new dollar-denominated bond this year

20/10 Italy will issue a new global dollar-denominated bond this year and is likely to focus the sale on one or two maturities, the Treasury's head of debt said on Tuesday.. . .  Full story

-EU makes bond market history with record $275 bln demand for SURE issue -bankers

20/10 The European Union attracted the highest demand ever for a bond sale on Tuesday at over 233 billion euros ($275 billion), bankers involved in the deal said, as it kicked off fund raising for. . .  Full story

-Bulgarian economy to contract by 3% this year - finance ministry

20/10 Bulgaria's finance ministry expects the economy to contract by 3% this year following the coronavirus pandemic and rebound in 2021 to grow by 2.5%, its autumn macroeconomic forecast showed on Tuesday.. . .  Full story

Sweden bans Huawei, ZTE from upcoming 5G networks

20/10 Sweden has banned telecoms equipment from Huawei and ZTE in its 5G network, joining other European nations that have restricted the role of Chinese suppliers on security grounds.. . .  Full story

Logitech CEO sees pandemic accelerating changes to homeworking

20/10 The COVID-19 pandemic has boosted business for Logitech International as people forced to shun their workplaces splash out on its computer keyboards, mice and webcams to kit out makeshift offices at home.. . .  Full story

Total's Cray Valley resins business in France not for sale

20/10 Oil and gas group Total said on Tuesday its Societe Cray Valley business, the French offshoot of its resins operations, was not up for sale.. . .  Full story

Euronext says trading glitches caused by bug in a 3rd-party component

20/10 Euronext said the trading glitch that caused disruption in multiple European stock markets were caused by a "bug" in a third-party component.. . .  Full story

Facing wave of closures, oil refiners turn to biofuels

20/10 European and U.S. oil refineries face a wave of closures due to plateauing fuel demand, tightening environmental rules and overseas competition, prompting some owners to opt for an easier alternative - converting plants to. . .  Full story

Safe EU bonds draw record demand, Italian yields rise

20/10 Record demand for the European Union's first bond sale backing its funding spree to aid coronavirus-hit member states highlighted the demand for safer assets on Tuesday, while Italian yields rose to their highest in more. . .  Full story

EU takes legal action against 'golden passport' schemes in Cyprus, Malta

20/10 The European Union's executive said on Tuesday it was launching legal action against Cyprus and Malta over their investor citizenship programmes, also known as "golden passport" schemes.. . .  Full story

Wizz Air CEO expects smaller airline industry after pandemic

20/10 The world will have a smaller airline industry as a result of the coronavirus crisis with many privately funded carriers set to go under and governments throwing "good money after bad" to keep national. . .  Full story

British and U.S. financial regulators renew co-operation deal

20/10 The Bank of England and the U.S. Commodities and Futures Trading Commission (CFTC) said they had signed a new agreement on Tuesday to cooperate on the supervision of cross-border clearing of financial transactions.. . .  Full story

Chances of Brexit trade deal less than 50-50, Merkel ally says

20/10 There is less than a 50% chance of the European Union and Britain securing a Brexit trade deal and London must move first before negotiations can progress, an ally of German Chancellor Angela Merkel. . .  Full story

Spain's Catalonia orders rent cuts for COVID-hit bars and restaurants

20/10 The Spanish region of Catalonia ordered on Tuesday that rents be cut by half for businesses such as bars and restaurants that have been told to close due to the pandemic, if no prior. . .  Full story

Reckitt lifts sales view as coronavirus spurs demand for Dettol, Lysol

20/10 Reckitt Benckiser reported a much bigger-than-expected rise in third-quarter sales on Tuesday and raised its full-year outlook, as the coronavirus pandemic lifts demand for cleaning products such as Dettol and Lysol.. . .  Full story

Poland seeks extra carbon market cash for green shift

20/10 The upcoming revamp of the European Union's emissions trading system (ETS) should redirect more revenues to poorer countries needing support to cut greenhouse gas emissions, according to Poland, the EU's biggest hard coal producer.. . .  Full story

Germany finds one new swine fever case in wild boar

20/10 One more case of African swine fever (ASF) has been confirmed in a wild boar in the eastern German region of Brandenburg, Germany’s federal agriculture ministry said on Tuesday.. . .  Full story

Portugal's unemployed numbers jump 36%, Algarve worst hit

20/10 The number of people registered as unemployed in Portugal jumped 36% in September from a year ago, with the tourism-dependent Algarve region suffering the hardest blow as the coronavirus wiped out thousands of seasonal jobs,. . .  Full story

Mapfre's CEO Satisfied with Liquidity Level, Solvency Ratio


Swiss report more than 3,000 new coronavirus cases

20/10 Swiss health authorities reported 3,008 new coronavirus infections in a day on Tuesday as hospitalisations continued to mount.. . .  Full story

Gardening toolmaker Husqvarna profit jumps on stay-at-home trend but jobs to go

20/10 World no. 1 gardening power tools maker Husqvarna more than doubled quarterly profits, helped by a pandemic-induced trend to stay at home, but said it would cut jobs in production of petrol-driven tools as it. . .  Full story

Daimler chief eyes China growth as trade tensions rise

20/10 Daimler's Chief Executive said China will remain Mercedes-Benz's biggest growth market in the next decade and the German carmaker will adjust production locations to capture shifts in demand as global trade tensions continue to rise.. . .  Full story

German debt level seen rising to 71% of GDP - ministry document

20/10 Germany's debt level will likely rise to 71% of GDP this year, a finance ministry document showed on Tuesday, as the country spends more to cushion the blow of the coronavirus pandemic.. . .  Full story

Swedbank shakes off pandemic slump as commissions recover

20/10 Swedbank on Tuesday reported a bigger-than-expected 13% rise in third-quarter net profit helped by strong trading conditions and income from cards and asset management.. . .  Full story

Polish industrial output beats estimates in September

20/10 Polish industrial output rose faster than expected in September, statistics office data showed on Tuesday, as a recovery in manufacturing boosted a recovery that had shown signs of flattening.. . .  Full story

Atlantia shares fall after CDP-led offer for motorway assets

20/10 Shares in Italian infrastructure group Atlantia fell more than 4% on Tuesday on concerns that an offer by state lender CDP and others for its motorway unit may not be enough to settle a. . .  Full story

Logitech shares surge as COVID-19 boosts home-working

20/10 Logitech International shares led Europe's gainers on Tuesday as the computer peripherals maker reported a big jump in second-quarter profit and again hiked its guidance amid a work-from-home boom.. . .  Full story

NatWest sets target to increase number of senior Black staff

20/10 British lender NatWest Group has set a target of increasing the proportion of Black senior staff at the bank from 1% currently to 3% by 2025, as part of its response to the Black. . .  Full story

Losing control? Norway's oil workers fear for future as rigs go remote

20/10 A shift to operating oil rigs remotely from land, which has been accelerated by lower crude prices, has rekindled concerns among Norwegian unions over the impact on the safety of offshore workers and the. . .  Full story

Bangladesh garment workers pray for orders as pandemic shreds exports

20/10 Bangladesh garment factory owner Shahidullah Azim laid off 20% of his workers in the wake of the first wave of the coronavirus pandemic. Now watching the second wave build in Europe and the United. . .  Full story

Finnair cuts 700 jobs, layoffs continue for thousands

20/10 Finnair will cut around 700 jobs by March 2021 due to the impact of the corona pandemic, Finland's national carrier said on Tuesday.. . .  Full story

Britain's Bellway resumes dividend as home orders surge

20/10 Homebuilder Bellway said on Tuesday it had seen a strong start to its new financial year and was resuming dividend payments thanks to a recovery in the housing market following this year's coronavirus-driven halt. . .  Full story