27
th April 2021 9:21 am
Good morning and welcome to your Morning Briefing for Tuesday, 27 April, 2021. To get this in your inbox every morning click here.
Firms face ‘last chance’ for FCA deadline
Financial firms who did not meet the Financial Conduct Authority’s directory persons deadline at the end of March are being urged to heed the final call for submissions.
Last week, the regulator emailed some 2,800 consumer-facing firms who did not submit the required information about certified staff.
FE fundinfo data platforms expand reach
Fund data and information platforms fundinfo and etfinfo provided by FE fundinfo will now be available to investors in Cyprus, the Czech Republic, Greece, Hungary, Iceland and Malta.
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Primark has seen long queues since reopening last week (Jacob King / PA) Primark’s owner will repay £121 million claimed under the government’s job retention schemes on the assumption stores remain open. Associated British Foods (ABF) said the decision comes despite stores remaining closed for most of the autumn and winter period, leading to revenues and profits plunging. Sales were down 17% to £6.3 billion and adjusted operating profits fell 50% to £319 million in the six months to February 27. Chief executive George Weston said the repayments would be made as he was confident stores will become cash generative following the easing of restrictions in England and Wales, where 40% of Primark selling space is located.