Bumper BP profits fail to get City purring as FTSE 100 closes lower February 8, 2022 A resurgence in profits at BP was not enough to prompt investors to flood into the oil giant as London markets posted a muted day yesterday. The capital’s premier FTSE 100 index dipped 0.08 per cent to 7,567.07 points, while the domestically-focused FTSE 250 index, which is more aligned with the health of the UK [...]
Ocado falls to £215m loss after Andover warehouse fire February 11, 2020 Online supermarket Ocado fell to a £214.5m loss last year, which the company blamed on a huge fire which burned down one of its warehouses in Andover last February. The figures Group revenue rose 9.9 per cent in the year, up from £1.6bn in 2018 to £1.8bn this year. This was largely driven by 10.3 [...]
Kiss from a rosé: how the pink drink won our hearts July 9, 2024 There may once have been a certain snobbery surrounding rosé wine but now it's serious business – and seriously good
Brexit-supporting Newark in shock as largest employer shuts up shop and heads for mainland Europe April 21, 2022 Local media and residents in the English town of Newark, as well as its local MP Robert Jenrick, are said to be shocked and disappointed by the decision of food producer Goodlife Foods to shut up shop and move its entire production to mainland Europe. The decision is likely to result in around 110 job [...]
FTSE 100 live: London index joins European markets to close in the red as jitters over Credit Suisse contagion continue March 17, 2023 A dramatic week for European markets has ended on a low, with a number of interventions from global banks failing to calm the nerves of jittery investors. London’s FTSE 100 closed firmly in the red despite seeing gains in early trading on Friday. It followed a group of US banking giants injecting 30 billion US [...]
Mark Kleinman: Natwest chair’s in-tray, Skarbek’s return and the Tata Steel saga September 7, 2023 Mark Kleinman is Sky News’ City Editor and is the man that gets the City talking in his weekly City A.M. column.
Do FTSE 100 bosses need more money? May 23, 2023 A debate is raging in the Square Mile over how much executives are paid - do UK firms need to pay more money to attract the best talent?
London markets whacked by AO World tumbling on supply chain profit hit November 23, 2021 Supply chain snarl ups and soaring costs have whacked AO World’s profits, sending the online electricals retailer’s shares tumbling, dragging the mid-cap FTSE 250 down with it this morning. In the first hour of trading, London markets plunged into the red, with the capital’s premier FTSE 100 index dropping 0.59 per cent to 7,212.35 points, [...]
Best wines of 2023 – from rad reds to fantastic fizz December 29, 2023 Many of these wines are on my 2023 Top Ten list because of the influences that surrounded them, but they are all utterly delicious and wines I would not hesitate to recommend.
Ocado joint venture with Marks & Spencer ‘working well’ December 12, 2019 Ocado has said its joint venture with Marks & Spencer is “working well,” as the retail delivery giant said revenue growth slowed slightly in its latest quarter. The firm saw growth in weekly orders, but stable average order size for the 13 weeks to 1 December. Read more: Ocado sales growth accelerates after Andover fire [...]