MARKET REPORT: Melrose Industries steadies ship after lockdown
Turnaround specialist Melrose Industries was a steady riser on the FTSE 100 leaderboard as investors cheered a bullish update. Aggressive cost-cutting and a rebound in demand for car parts has helped steady the ship after a tumultuous start to the year. Melrose, which bought prestigious engineer GKN in 2018, was hit harder by Covid than … Read more