- 6 August 2021
FTSE 100 made a low-key start to Friday as attention focused on lunchtime’s monthly US jobs number. Around 870,000 additions is the consensus forecast. London’s blue chip index dropped 12 to 7,018. Energy bills are set to rise by £139 a year on average as Ofgem raised the price cap on the most widely used tariffs by 12%. The regular is putting the hike down to soaring gas prices in Europe. Virgin-Galactic-Holdings-Inc (NYSE:SPCE) has started selling tickets to space, with prices starting at $450,000 per seat. After his own recent trip to the edge of the atmosphere Sir Richard Branson said his space tourism company will have three offerings for “the private astronaut market”. Philipp Plein will become the first major fashion brand to accept payments in cryptocurrency at both its retail stores and online. The Swiss-based brand will accept 15 different digital currencies including major cryptos Bitcoin and Ethereum. Among the small caps, Xpediator PLC (LON:XPD) has formed a strategic partnership with Northampton-based ecommerce fulfilment expert Synergy Retail Support. Synergy will use vacant space in Xpediator’s warehouse in Braintree, Essex, to expand its operations. Jubilee Metals Group PLC (LON:JLP) chief executive Leon Coetzer said it had produced an exceptional performance in the six months ending June. Jubilee reported £40.1mln of attributable operational earnings for the first half, on £75.6mln of revenue.
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