FTSE 100 close: Barclays, HSBC and Easyjet shine on otherwise poor day in London January 25, 2023 London’s FTSE 100 today gave up morning gains to finish lower before stronger-than-expected retail earnings provided a balm against recession fears. The capital’s premier index fell 0.22 per cent to 7,740.34 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, slid 0.38 per cent to [...]
FTSE 100 close: Vodafone tumbles more than seven per cent after announcing 11,000 job cuts May 16, 2023 London’s FTSE 100 gave up gains today as fresh data yielded tentative signs that the UK workforce is rebalancing and telecoms giant Vodafone tumbled quickly. The capital’s premier index fell 0.34 per cent to 7,751.07 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, was [...]
Tesla out, Nvidia in: Where investors are putting their money June 11, 2024 Nvidia, Tesla and commodities: Victoria Scholar takes the Notebook pen to talk about the latest trends in retail investment.
M&S warns cost of living crunch will slow sales growth May 25, 2022 Despite posting hefty profits this morning, the luxury retailer M&S warned against upcoming inflationary headwinds.
FTSE 100 live: No Friday feeling for London index as banks follow Natwest to dip into negative territory April 28, 2023 London’s blue chip FTSE 100 index was trading flat, down 16 points at 7,815.94, as banks led the fall in the last day of trade before the May bank holiday. Despite better than expected profits Natwest shares fell 5.58 per cent. Michael Hewson chief market analyst at CMC Markets said: “When NatWest reported its full-year [...]
Your City guide to this year’s must have chocolate Easter eggs: From exploding candy to hot cross bun flavoured treats March 31, 2023 We’ve nibbled, munched and even crunched some of this year’s chocolate Easter egg offerings, and we even tried a donut-egg; you’ll have to read on to find out how that fared. Here’s our review of the best and the worst Easter eggs you can buy this year; we’ve included City-based retailers as well as supermarket [...]
Supermarkets drag down London indexes on spending jitters April 13, 2022 London’s top indexes were muted today as investors ditched shares in supermarkets despite Tesco posting bumper profits. The capital’s premier FTSE 100 index edged 0.05 per cent higher to 7,580.80 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, dipped 0.12 per cent to 20,984.45 [...]
Bitcoin cashback announcement ends in controversy for UK fintech Mode November 18, 2021 Major retailers Boots and Ocado have distanced themselves from an announcement claiming they would offer customers cash back in Bitcoin. Today London-listed fintech Mode announced it would be adding more than 40 UK retailers including Boots, Ocado and Homebase to its crypto cashback rewards scheme. However, in comments to City A.M. both Boots and Ocado [...]
FTSE 100 weighed down by China Covid-19 jitters November 21, 2022 London’s FTSE 100 was today weighed down by the re-emergence of tough restrictions to tame Covid-19 in China over the weekend. The capital’s premier index edged 0.12 per cent lower to 7,376.85 points, while the domestically-focus mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, climbed 0.68 per cent [...]
Ocado invests £10m into self-driving tech startup Wayve October 6, 2021 Self-driving tech startup Wayve’s total funding raised has hit $60m following an investment from grocer Ocado. Ocado is investing £10m ($13.6m) in a partnership with Wayve that will develop autonomous grocery deliveries. An autonomous delivery trial will involve a number of Ocado delivery vans on busy London routes – with a human driver to oversee [...]