22 February 2021 | 12:05pm
StockMarketWire.com - The FTSE 100 made a partial recovery on Monday despite investors continuing to fret about inflation risks. By midday the index had recovered around half of its initial losses to trade 0.45% lower at 6,594.41.
Some support to sentiment was provided by mounting evidence of the efficacy of vaccines ahead of the UK reopening plan set to be announced later.
Security group G4S slumped 9.8% to 242.6p after private equity firm GardaWorld said it wouldn t raise its 235p offer for the company, cooling hopes of a bidding war.
G4S had rejected GardaWorld s offer in favour of 245p bid from Allied Universal.
Matt Goode / Kate Bannatyne (Corporate Finance) Tel: +44 (0) 20 7220 0500 Alice Lane (ECM) About Shoe Zone Shoe Zone is a Town Centre, Retail Park and Digital footwear retailer, offering low price and high quality footwear for the whole family. Shoe Zone operates from a portfolio of around 460 stores and has approximately 3,000 employees across the UK. The store portfolio consists of over 410 high street stores containing the core Shoe Zone product range and 50 larger Retail Park units which also feature brands such as Skechers, Hush Puppies and Kickers. The website shoezone.com, combined with the store network, ensures a full multi-channel offering for great customer service.
MARKET REPORT: Shares in travel and leisure bounce thisismoney.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisismoney.co.uk Daily Mail and Mail on Sunday newspapers.
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