Moonpig mulls public listing following lockdown boom October 2, 2020 Online greeting card retailer Moonpig is in talks for a stock market flotation after a boom in sales during lockdown stamped its position on the e-commerce market. Moonpig Group, owned by Exponent Private Equity, is in talks with investment banks about options that include a public listing, according to Sky News. Discussions are thought to [...]
FTSE 100: What’s moving markets today? March 14, 2024 Asia markets were mixed as the previous Wall Street rally begins to fade, while oil prices climb following Ukraine's strikes on Russian oil refineries. Focus now shifts to key US economic data releases, including producer prices and retail sales figures.
Tesco buys Paperchase brand but over 800 jobs remain at risk January 31, 2023 Tesco has purchased the brand and intellectual property of Paperchase, the supermarket has confirmed, after the embattled stationary company collapsed into administration this morning. However, it has not acquired the chain’s 106 physical stores across the UK and Ireland, leaving 820 jobs at risk. The supermarket will now sell its products in its UK stores. [...]
115,000 posties start Christmas strike today as union boss warns of festive ‘meltdown’ December 9, 2022 More than 100,000 postal workers have begun their Christmas strikes over pay, as the industry’s union boss said Royal Mail is risking a “Christmas meltdown”. Walkouts by posties in the CWU union started this morning, after rejecting Royal Mail’s “final and best” pay offer of a nine per cent rise over two years. The union [...]
FTSE 100 knocked by BP and Shell tumbling as oil prices slump December 7, 2022 London’s FTSE 100 was dragged down today by BP and Shell sinking on oil prices taking a tumble. The capital’s premier index fell 0.43 per cent to 7,489.19 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, dropped 0.89 per cent to 18,930.57 points. Oil [...]
London markets kick off new week in mixed style as BP and Shell jump July 4, 2022 London markets kicked off a new trading week in mixed fashion today, with the FTSE 100 led higher by oil and gas giants. The capital’s premier FTSE 100 index jumped 0.89 per cent to 7,232.65 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, dipped [...]
Week ahead: City eyes housing stats and BoE governor Bailey remarks June 26, 2022 The UK’s red hot housing market is set to revert to more normal territory driven by the cost of living crunch chilling demand for homes, fresh data released this week that will be closely watched by the City. London’s premier FTSE 100 index has rebounded after suffering bruising losses of late caused by investors around [...]
Strong B&Q earnings rebuild investors’ risk appetite to kick off week May 23, 2022 Investors picked up their risk appetite again during the opening trading day of the week as B&Q owner Kingfisher helped mend market sentiment. London’s premier FTSE 100 index jumped 1.67 per cent to 7,513.44 points, while the mid-cap domestically-focused FTSE 250 index, which is more aligned with the health of the UK economy, climbed 1.56 [...]
Market insights: Five forces impacting FTSE 100 today March 11, 2024 Asian markets stumbled while China celebrated its exit from deflation with rising consumer prices. Bitcoin briefly soared to $70,000, attracting global attention. Investors are now closely monitoring the UK GDP and U.S. inflation reports, pivotal factors influencing global economic trends.
Retailer sell off drags down London indexes April 6, 2022 A retailer sell off caused by concerns over a pull back in spending amid a tight cost of living squeeze led London’s top indexes lower today. The capital’s premier FTSE 100 index dropped 0.34 per cent to 7,587.70 points, while the domestically-focused FTSE 250 index, which is more aligned with the health of the UK [...]