FTSE 100 breaks 6,000 barrier as vaccine hopes and Fed pledge boost markets May 18, 2020 The FTSE 100 broke through the 6,000-point milestone in a positive start to the week’s trading today, buoyed by hopes of a vaccine and more Federal Reserve stimulus. Easing lockdowns and lower infection rates in Europe infection hotspots Italy, the UK and Spain also boosted London’s blue-chip index. The FTSE 100 closed 4.5 per cent [...]
Morrisons extends Amazon partnership as it delivers flat half-year sales September 12, 2019 Morrisons has posted flat sales in the first half as it unveiled a new multi-year partnership with Amazon Prime amid challenging conditions in the grocery sector Read more: Morrisons to expand Amazon online delivery service across the UK The figures Morrisons like-for-like sales excluding fuel and VAT ticked up 0.2 per cent in the six [...]
FTSE 100 slides as Brexit and impeachment worries hit markets September 25, 2019 Britain’s FTSE 100 benchmark is braced for its worst day in a month after dipping this morning following dramatic political developments on both sides of the Atlantic yesterday. The blue-chip index opened 0.5 per cent down before sliding further to almost 0.9 per cent, with investors fearing news of an official impeachment inquiry into president [...]
DEBATE: Is 4G on the Tube something to get excited about? July 22, 2019 Is 4G on the Tube something to get excited about? Ben Askins, managing director at Verb Brands, says YES. “Sorry I didn’t get back to you, I was on the Tube” is an anecdote that our grandchildren will be shocked by. While it’s true that no one will be able to stop the incoming onslaught [...]
Starbucks’ rival Luckin Coffee sees share price double on debut May 17, 2019 China's Luckin Coffee shares opened at $25 on Friday morning despite recent poor IPO performances. It was 47 per cent more than the issue price of $17 as the Starbuck's rival raised $561m to give it a pre-trading valuation of around $4bn. Read more: Thomas Cook shares crash 40 per cent as investors urged to sell [...]
Asos profit falls by two-thirds as expansion costs push up debt October 16, 2019 Profit at Asos fell by 68 per cent in the year to August as the UK fashion giant took a hit from a major overhaul of its business model and costly international expansion. The online retailer blamed the drop on a costly operational expansion into Europe and the US which was fraught with problems including [...]
Mike Pence: The minute the UK is out of the EU, the US is in September 5, 2019 The US Vice President has tonight pledged a free trade deal with the UK “immediately upon the completion of Brexit”, saying Donald Trump stands “shoulder-to-shoulder” with the new Prime Minister. Speaking at a black-tie dinner at Guildhall in the City of London this evening, Mike Pence told business chiefs the country was like a phoenix [...]
Best 25 stocks in the last tax year April 15, 2019 By Graeme Evans from interactive investor. The FTSE 100 outperformed mid-caps last tax year, but the top FTSE 350 performers might surprise you. Take a look at the financial year ended on the 5th April, with the 25 top performing stocks in the FTSE 350 all producing gains of 40 per cent or more over the [...]
Ranked: The UK’s fastest growing companies for brand value September 11, 2019 Deliveroo, Costa Coffee and Brewdog are growing in value faster than any other UK brands, according to a survey published today. The food delivery app topped the list, increasing its value 54 per cent to $1.4bn (£1.1bn), while coffee chain Costa jumped 48 per cent to $1.5bn, boosted by its takeover by Coca Cola. Read [...]
Lloyds Bank stars as FTSE 100 rockets in Q1 April 9, 2019 By Graeme Evans from interactive investor. After a great first quarter for stock markets, we assess the best and worst blue-chips of 2019 so far. It’s been a storming start to 2019 for the FTSE 100 index, with popular interactive investor stocks including Lloyds Banking Group (LSE:LLOY), Next (LSE:NXT) and Tesco (LSE:TSCO) among those on [...]