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STOCKS TO WATCH: England win at Women's Euros hits bookies

STOCKS TO WATCH: Bookies set to reveal just how much England’s win at the Women’s European Championship has been dented

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Bookies will reveal this week how much England’s win at the Women’s European Championship has dented.

England were heavily supported from the start, with a spate of bets as the Lionesses advanced and the fever for women’s football gripped the nation.

William Hill, owner of 888, said the number of bets on the final was twice that of previous Women’s Euros, making the game the biggest sporting event ever for women.

Triumph: England were heavily backed from the start of the Women's European Championship, with a spate of bets as the lionesses marched and the fever of women's football gripped the nation

Triumph: England were heavily backed from the start of the Women’s European Championship, with a spate of bets as the lionesses marched and the fever of women’s football gripped the nation

Rival Entain, owner of Ladbrokes and Coral, said a record 1.5 million bets had been placed.

Flutter, owner of Paddy Power and Betfair, told Stocks to Watch it paid out £580,000 in bets for England to ‘win the trophy’.

However, it could have been worse as most bets would have been on England to win the final within the standard 90 minutes – and the game with Germany went into extra time.

On top of the trio’s results, to be released this week, investors are eagerly awaiting the outcome of the government’s gambling investigation.

Nightcap problems with cork update

Raymond Blanc-backed bar group Nightcap released a cork update last week showing sales surged in its millennial-focused watering holes in the second quarter.

1659833678 574 STOCKS TO WATCH England win at Women039s Euros hits bookies

1659833678 574 STOCKS TO WATCH England win at Women039s Euros hits bookies

1659833678 313 STOCKS TO WATCH England win at Women039s Euros hits bookies

1659833678 313 STOCKS TO WATCH England win at Women039s Euros hits bookies

1659833678 389 STOCKS TO WATCH England win at Women039s Euros hits bookies

1659833678 389 STOCKS TO WATCH England win at Women039s Euros hits bookies

Driven by AIM in January 2021 by former Dragons’ Den investor Sarah Willingham, it has picked up the London Cocktail Club, Adventure Bars chain and Latin American boozer Barrio Bars.

Like-for-like sales were up a quarter, but the stock is still as flat as old bubbly.

Harland & Wolff secures experienced financial institution

Harland & Wolff has hired an experienced financial institution, Katya Zotova, as board director in a move that will help the Belfast shipyard grow into a major company.

The banker was a director at Mizuho Bank, a director at LetterOne IT, LetterOne retail and energy investments of sanctioned oligarch Mikhail Fridman, and a director at Indian miner Vedanta Resources.

She comes in at a good time.

The rumor on the street is that British shipyards could be full of work, which military officials say will only increase after the invasion of Ukraine.

However, investors will want to see the annual report, which has been delayed because Harland & Wolff’s accountants were cluttered with their own work.

ITM Power plans second factory in Sheffield

Hydrogen specialist ITM Power, valued at £1.3 billion, has been working on plans to build a second factory in Sheffield since last year.

The group that is on the AIM list signed a deal for the site in November and is asking for a construction permit.

But, we hear, the plan to hand documents over to the Sheffield City Council planning committee this week has been delayed as it is still in the process of adjusting details.

The company declined to comment. BlackRock Investment Management and JP Morgan Asset Management may be keeping a close eye on it – the pair has built a record 2.42 percent short position in the company.

Contributor: Patrick Tooher

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