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LIVE BUSINESS: Ryanair to exit the London Stock Exchange

LIVE BUSINESS: Austrian Lockdown Hits Airline & Hotel Equities; Ryanair to exit the London Stock Exchange; National earnings are more than double


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A sharp rise in Covid cases in Europe and the news that Austria will impose a total lockdown starting next week worries stock markets, with European indices and the FTSE 100 on the downside.

In company news, Irish low-cost carrier Ryanair informed the British financial watchdog of its intention to withdraw from the London Stock Exchange.

Having raised the possibility of such a move last month after a drop in trading volumes in London, Ryanair will continue to trade on the regulated Euronext Dublin market.

The Nationwide Building Society’s semi-annual earnings have more than doubled as it took advantage of Britain’s economic rebound.

The client-owned mortgage lender reported pre-tax earnings of £ 853 million for the six months through September, compared with £ 361 million the previous year.

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Ryanair leaves London after a decline in trading volumes, but maintains its listing in Dublin.

Ryanair leaves London after a decline in trading volumes, but maintains its listing in Dublin.

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