Vodafone dividend cut: which UK shares might be next? May 28, 2019 By Tom Bailey from interactive investor. Vodafone's cut might be a canary in the coalmine for FTSE 100 shares. Over the past year the market has increasingly cooled on Vodafone (LSE:VOD). The company has a long list of problems, including the high cost of 5G investment, being squeezed by competition on the continent and high [...]
Sterling sinks after ‘simply shocking’ UK manufacturing data September 2, 2019 Sterling plummeted against the euro and the dollar in response to weak UK manufacturing data as economists warned “there is no clarity whatsoever” surround Brexit. Markets panicked as figures showed output from the UK manufacturing sector sank to a seven-year low in August, sending the pound down against major currencies. Read more: UK manufacturing output [...]
Lloyds Bank unveils quarterly dividends payments amid pension pay row May 16, 2019 Lloyds Bank has announced plans to pay dividends quarterly from next year ahead of a potential shareholder revolt at today’s AGM. The bank said the move, beginning in the first quarter of 2020, would allow its 2.4 million shareholders to be paid more regularly and efficiently. Read more: Lloyds Banking Group: Q1 results analysis The [...]
UK’s biggest companies pull away as profits for rest of pack plunge May 8, 2019 Average profits at the UK’s 40 biggest companies rose by 11 per cent in the first quarter of the year while those outside the group saw a fall of 18 per cent, new analysis has shown, laying bare a stark division in the fortunes of British companies. Read more: 'Zombie firms' dragging down UK economy, [...]
UK’s biggest companies pull away as profits for rest of pack plunge May 8, 2019 Average profits at the UK’s 40 biggest companies rose by 11 per cent in the first quarter of the year while those outside the group saw a fall of 18 per cent, new analysis has shown, laying bare a stark division in the fortunes of British companies. Read more: 'Zombie firms' dragging down UK economy, [...]
FTSE risers and fallers: Exporters rise after pound weakens January 30, 2019 A weaker pound boosted Britain’s biggest listed companies today after MPs voted against an extension to Article 50 , and supported the Prime Minister’s plan B for Brexit. The FTSE 100 rose 1.58 per cent to 6,941.63 as its many exporters saw an increase in investor confidence. Read more: Vale takes £1bn hit as it sacrifices output [...]
Where to eat and drink outdoors in London from 12 April March 12, 2021 With exactly a month to go until bars and restaurants with outdoor seating are allowed to reopen on 12 April, we’re daring to dream of a time when we can meet up with friends and support the hospitality industry. We’ve collected a list of our favourite outdoor spots across London, which we’ll update throughout the [...]
Law firm Baker McKenzie confirms death of global chair Paul Rawlinson April 15, 2019 The global chair of Baker McKenzie has passed away, the law firm has confirmed. Read more: Over here: City's legal elite under pressure from expansion of US entrants Paul Rawlinson died unexpectedly on Friday, Baker McKenzie said. He had stepped back from his role temporarily last October due to exhaustion. “It is with great sadness that [...]
Yet more places to eat and drink: 70 bars and restaurants open now May 13, 2021 It’s just days until we can once more sit in a restaurant and dine like civilized human beings, albeit socially distanced ones. But where to book? To help you make this most difficult of decisions, we’ve collected a bumper list of 70 places to meet up with friends and support the hospitality industry. With spots [...]
FTSE 100 climbs despite new coronavirus rules but US stocks mixed September 22, 2020 After plunging yesterday, the FTSE 100 rose despite the UK government imposing new coronavirus restrictions, while US stocks were mixed. The UK blue-chip index was up 0.9 per cent to 5,858 points in afternoon trading. That was down significantly from its opening figure of above 6,000 yesterday, however. The FTSE 250 had risen 0.2 per [...]