Why St James’s Place and Britain’s troubled wealth managers could be a savvy bet for investors November 1, 2023 The UK’s wealth managers and investment platforms could be a savvy bet for investors after a sell-off this year that has wiped billions from their valuation, analysts have predicted.
FTSE 100 today: London shares to open lower amid fading US rate cut hopes, Middle East tensions April 16, 2024 Asian stocks faltered after Wall Street's tech slump, while oil prices surged due to Middle East tensions. China's Q1 GDP soared at 5.3 per cent, yet March's new home prices plummeted. Additionally, the yen hit its lowest level since 1990. Eyes are now on the UK employment data and Fed Chair Powell's speech.
Lush posts huge loss but hopes SpongeBob SquarePants and Barbie deals can turn fortunes around May 17, 2024 Lush is seeking the help of SpongeBob SquarePants and Barbie to help it boost sales and return to profit.
Perfect storm of rising costs to hit retail return February 8, 2022 Total retail sales jumped 7.5 per cent during January compared to the same month in 2020. However, retail bosses have warned consumers and firms face a challenging few months ahead with a perfect storm of rising costs. Shoppers were less eager to buy non-food items in stores over the three months to January, compared to [...]
Merciless Omicron beating: Retail sector in shock as Boxing Day sales in central London plummet by nearly 70 per cent December 27, 2021 Retailers in central London and across the UK are in shock as the number of bargain hunters looking for Boxing Day sales on the high street plummeted to almost half of pre-pandemic levels. In central London, footfall was 67 per cent lower than 2019 numbers, while it was 58 per cent below 2019 in other [...]
Covid pastimes: Jigsaws and crafts continue to carry retailer The Works’ sales July 20, 2021 Toys and stationary retailer The Works has continued to have its sales buoyed by consumer lockdown activities in recent weeks, with jigsaws, arts and crafts remaining popular throughout the pandemic. The retailer was hit by severe store closures earlier on in the year but is returning to growth, as sales have lifted 13 per cent [...]
Retail sales decline slows in September September 25, 2019 Retail sales fell for the fifth consecutive month in September, however they declined at a slower pace than in August. Sales fell 16 per cent this month, compared to a drop of 49 per cent in August. Retailers said they expect sales volumes to fall by five per cent next month. Orders placed on suppliers [...]
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 [...]
FTSE 100 close: London markets measured after strong week July 21, 2023 London markets stayed flat throughout Friday after a strong week, closing slightly higher and extending earlier gains caused by lower than expected inflation. The bluechip FTSE 100 was measured throughout the day and closed in the green at 7,658.53, while the midcap FTSE 250, which is more aligned with the health of the UK economy, [...]
Inflation is falling, but will that make a difference? May 28, 2024 The headline fall in price rises has been championed as good news by Rishi Sunak. But Brits may feel somewhat less cheerful.