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9 March 2021 | 08:01am StockMarketWire.com - Office operator IWG swung to an annual loss as the nationwide lockdowns owing to the pandemic led to increasingly deteriorating conditions from the second quarter through year-end. For 2020, pre-tax losses were £650.2 million compared with a profit of £55.0 million year-on-year as revenue fell 6.4% to £2.48 billion. The company said an improvement in sales had been offset by 'customer churn and the significant impact the pandemic has had on service revenue.' Occupancy fell to 72.9% from 73.9%. Looking ahead, the company said that while 2020 was...

9 March 2021 | 16:36pm StockMarketWire.com - The FTSE 100 closed Tuesday with a 0.35% gain to 6,742.96, off its highs for the day but still consolidating Monday's big gains amid improved investor sentiment. In the US the Nasdaq index bounced back sharply as tech stocks returned to favour following the recent sell-off. By 4.30pm UK time the index was up 3.3% to 13,046.50. Investment company Standard Life Aberdeen fell 7.5% to 295.1p as it cut its dividend by a third as full year numbers showed falling profit and a shrinking client base. Telecom group Vodafone was up 1.6% to 128.1p after set...