Revolution Bars shares fall as firm serves up operating loss in full-year results October 2, 2018 Revolution Bars slipped to an operating loss in its full-year results due to exceptional costs caused by "factors outside the company's control". The update hit the company's shares in early trading, as they opened four per cent down in early trading. The figures For the year up to 30 June 2018, like-for-like sales fell 0.6 [...]
Magnitsky Act: Dominic Raab unveils first foreign citizens facing visa restrictions July 6, 2020 Foreign secretary Dominic Raab has unveiled the first 49 foreign citizens facing sanctions for alleged human rights abuses under the UK’s new Magnitsky Act. Speaking in the Commons today, the foreign secretary said the UK was taking action against the “thugs of despots and henchmen of dictators” and those trying to launder their “blood-stained ill-gotten [...]
Model railway brand Hornby narrows losses after putting brakes on discounting November 28, 2019 Model railway brand Hornby narrowed its losses in the first half of the year as the company ramped up full-price sales and put the brakes on discounting. The figures The company reported a loss after tax of £2.71m in the six months to 30 September, from a £3.23m loss the previous year. Read more: Hornby [...]
Black Friday 2019: Everything you need to know to find the best bargains November 15, 2019 Black Friday only launched in the UK in the last five years and has quickly become one of the biggest annual shopping events, kicking off the key Christmas trading period. Savvy shoppers can snap up bargains as stores offer huge discounts in the run up to the festive season. Here is everything you need to [...]
Retail sales beat expectations as shoppers continue spending spree September 20, 2018 Retail sales volumes beat expectations and rose 0.3 per cent in August as British shoppers continued to spend. The Office for National Statistics data showed sales jumped 3.3 per cent on August last year. There were increases across all sectors except food, clothing and petrol. Read more: Retail industry fears 'tipping point' amid looming business [...]
Retail sales beat expectations as shoppers continue spending spree September 20, 2018 Retail sales volumes beat expectations and rose 0.3 per cent in August as British shoppers continued to spend. The Office for National Statistics data showed sales jumped 3.3 per cent on August last year. There were increases across all sectors except food, clothing and petrol. Read more: Retail industry fears 'tipping point' amid looming business [...]
US Congress and White House agree ‘best deal ever’ to replace Nafta December 10, 2019 US President Donald Trump and Nancy Pelosi have agreed on a replacement for the North American Free Trade Agreement (Nafta) with Canada and Mexico. The Democratic Speaker of the House of Representatives gave her support for the USMCA this afternoon. Read more: US and Canada quash fears with last-minute deal to revamp Nafta In exchange [...]
What are the UK’s most shorted stocks? January 29, 2019 Hedge funds made millions from short-selling Carillion shares after the construction firm collapsed a year ago. That’s hardly a surprise, but what’s telling is that many short-sellers were predicting its failure even before the company issued its first profit warning back in July 2017. Short-sellers borrow shares from other investors, typically large institutions like pension [...]
Trevor Steven: Claudio Ranieri’s experience and personality has given Fulham a fighting chance of staying up November 27, 2018 You never want to see people lose their jobs but I’m happy that Claudio Ranieri is back in the Premier League, tasked with lifting Fulham off the bottom of the table. I felt sorry for Slavisa Jokanovic, the man he replaced last week, who got off to a difficult start and never managed to adapt [...]
Why a Bank of England interest rate cut looks increasingly likely January 15, 2020 Just a week ago, investors rated the chances that the Bank of England would cut interest rates at about five per cent. Today, they think there is a 60 per cent chance that the main rate will be lowered from 0.75 per cent, according to CME Group’s tool which analyses futures prices. So what has [...]