Micro Focus overhauls executive pay after shareholder backlash September 26, 2019 Troubled software firm Micro Focus has said it will overhaul its executive pay policy following a backlash from shareholders. Read more: Micro Focus taps Goldman Sachs to lead review after share price crash The Newbury-headquartered company said it had reviewed its remuneration scheme after investors raised concerns about the overall structure of its pay policy. [...]
Severn Trent raises dividend despite fall in profits November 21, 2019 Severn Trent raised its dividend this morning despite a fall in profits due to its deferral of customer incentives and increased investment in infrastructure renewals. Read more: Severn Trent announces new chair Shares in the utility slipped over 1.5 per cent in the morning’s trading. The figures Severn Trent announced revenue of £910m for the [...]
The markets a week on from the worst European election results in Tory history June 3, 2019 While the pound begins to recover from the European election results, Bitcoin hits a new 2019 high. By Monday 27 April, the results of the European Parliament election had a clear implication for the UK: the incumbent government has lost the support of the public. It was the lowest share of the vote the Conservatives [...]
Prince Andrew steps back from Royal duties but will continue business role November 20, 2019 PRINCE Andrew last night said he will step back from Royal duties as corporate sponsors continued to sever ties with his entrepreneurship schemes following his widely criticised BBC interview. The announcement from the palace came hours after two more FTSE 100 companies abandoned the prince amid the fallout from his Newsnight grilling over links to [...]
Global markets underwhelmed by US-China trade truce October 14, 2019 Global markets remained flat today as initial optimism about a US-China trade deal faded amid concerns about how quickly an agreement could be sealed. Read more: European stock markets fall on China data and Brexit US President Donald Trump last week said he had secured a limited trade deal with China, which will see the [...]
Buoyed by Sainsbury’s and BP gains, London’s FTSE 100 continues its rallying march May 1, 2018 The FTSE 100 is continuing its strong performance today, inching past yesterday’s 7545 highs to 7549 and extending its 10 per cent late-March reversal into May. The slip in sterling as well as a drop in UK manufacturing activity have helped buoy the London market, as have Sainsbury’s shares which have continued to rally in [...]
PureCircle share price plunges over audit issues September 23, 2019 Investors in sweetener firm PureCircle have been left with a sour taste in their mouth following several days of sharp falls in its share price. The food producer surprised the City late last week when it postponed its annual results and warned that auditing issues could cost it up to $30m (£24.15m). Read more: M&S [...]
UK coronavirus cases surge to new total of 51 March 3, 2020 The number of UK coronavirus cases rocketed to 51 today, a climb of 12 new cases, the government revealed today. Health secretary Matt Hancock confirmed the climb in parliament today after the UK recorded four more cases yesterday to take the total to 39. The government today outlined worst-case scenario measures if the UK coronavirus [...]
US stock markets rise as Beijing and Washington agree to scrap some tariffs November 7, 2019 US stock markets have opened higher after China said it had agreed with the US to cancel tariffs in phases, signalling a thawing of the frosty trade relations between the world’s two biggest economies. Read more: European markets rise on US-China trade war hopes The tech-heavy Nasdaq rose by 0.7 per cent shortly after opening, [...]
Bitcoin holds the line as it battles against market forces January 11, 2022 The price of Bitcoin has managed to hold above $42,000, after yesterday falling briefly below the psychologically important $40,000 level for the first time since September.