London FTSE 250 closes out stellar week as firms rise on Bank’s interest rate hold November 3, 2023 London’s FTSE 250 has surged to its best streak all year as markets reacted positively today to the Bank of England’s decision to hold interest rates at 5.25 per cent.
Nestlé: Nespresso and Kit-Kat maker hikes prices and sweetens sales growth April 25, 2023 Share price in Kit-Kat maker Nestlé were up as the food giant beat profit expectations while hiking the price of its goods. The Swedish packager, which owns brands such as Nespresso, Smarties Nesquik and Maggi stock cubes, reported a sales growth of 5.6 per cent to CHF23.5bn (£21.2bn) in the first leg of the year [...]
Investor Terry Smith ditches Amazon stake over concerns with grocery business July 11, 2023 Top investor Terry Smith has revealed that he ditched his fund’s stake in Amazon due to concerns with the company’s grocery business. In a letter to investors, released yesterday, Smith revealed that the primary catalyst behind Fundsmith’s decision to drop its holding in Amazon last month was due to a “concern over potential capital misallocation”. [...]
Ocado lists M&S products ahead of delivery partnership launch August 5, 2020 Marks & Spencer has begun listing products on the Ocado website ahead of their delivery partnership, which is scheduled to begin next month. The supermarket has added more than 750 new products, which will be available to buy through the Ocado website from 1 September. However M&S warned customers that it may not be possible [...]
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 suffers worst day in five months after inflation surprise dampens rate cut bets January 17, 2024 London’s FTSE 100 has clocked its worst day in five months after new figures showed a surprise uptick in inflation at the end of last year.
Veganuary: Try this ‘completely revolutionary’ vegan steak January 8, 2024 This vegan steak is available in London supermarkets this year
FTSE 100 close: London markets fall as central banks take centre stage again September 18, 2023 Markets were in a watchful mood as traders anticipated decisions from the US Federal Reserve, Bank of England and Bank of Japan later this week.
FTSE 100 live: London markets close lower on strong pound ahead of Fed and ECB next week June 9, 2023 Markets in London closed lower on Friday as a stronger pound and uncertainty over the global economy weighed on investor sentiment. The FTSE 100 closed 0.5 per cent lower while the FTSE 250 finished the week 0.1 per cent lower. Caution was the watchword in London today ahead of next week, which will be big [...]
St James’s Place set to plummet out of FTSE 100 May 29, 2024 St James's Place is set to fall out of the FTSE 100 after ten years in London's main index.