On 14 April 2021, Watkin Jones plc (AIM:WJG) announced that as part of its long term Board succession planning, Grenville Turner had given notice of his intention to retire as Chair during 2021 and that Phil Byrom, Chief Financial Officer, had also given notice of his intention to retire in 2022. Following an active recruitment process, the Board is pleased to announce the appointments of a new Chair-designate and CFO-designate. Appointment of non-executive director and Chair-designate Alan Giddins is appointed as non-executive director and Chair-designate with immediate effect. It is intended that Grenville will step down from the Board in October 2021 and that Alan will take over as Chair, having allowed time for an orderly handover.
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-3.90% - Morgan Advanced Materials PLC (MGAMM.L)
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Forex: GBP Higher in Overnight Trade
The British pound is the strongest major overnight, despite Nicola Sturgeon touting another Scottish referendum following the SNP’s fourth consecutive win. One would have expected the pound to suffer with the prospect of a new referendum, yet as the SNP fell just short of an outright majority, traders don’t appear to see it as an issue just yet. Boris Johnson condemned a second referendum, calling it “reckless”.
GBP/USD broke marginally above 1.4000, yet volatility of the breakout is a little underwhelming at present.