Tech stocks lead gains on Wall Street July 23, 2021 US stocks opened up on Friday morning driven by a rally among megacap technology shares. The blue-chip S&P 500 rose 0.54 per cent during the opening session. The Dow Jones increased 0.41 per cent, while the tech-heavy Nasdaq was up 0.4 per cent. Investors piled into tech stocks after a string of strong earnings were [...]
Natwest bonus scheme planned for Tell Sid shareholders May 6, 2024 Natwest shareholders will be awarded bonus shares if they hold onto its stock for more than a year, plans for the sale of the government's stake in the bank have indicated.
Discounter Pepco sets sights on Europe with 400 store openings February 19, 2021 The owner of British discount retailer Poundland has targeted 400 store openings across Europe in the upcoming financial year as it expands its Pepco brand, its boss said on Friday. The group opened 327 new stores in the previous financial year, taking the total to more than 3,000 across 15 countries. Italian confidence Pepco entered [...]
Beer taps to run dry if logistics staff vote to strike July 23, 2021 As if the hospitality industry didn’t have it tough enough, industrial action could be set to make it even tougher. Union officials are warning of a ‘beer drought’ if around 1,000 workers integral to the delivery of 40 per cent of the UK’s beers vote to strike after a below-inflation pay offer. Staff at XPO [...]
Another one? Next hikes profit guidance again as sales soar ahead of expectations August 1, 2024 Department store Next has increased its profit guidance for the year as sales soared in its first half of its financial year.
Wall Street ends hot streak and opens lower amid China growth slowdown August 16, 2021 Wall Street fell from last week’s record highs at Monday’s open amid concerns about the impact of the crisis in Afghanistan and after China missed expectations on a range of data, signalling that its economy was slowing down. The S&P 500 slid down 0.4 per cent from Friday’s all-time high of the year, while the [...]
Pound pushes past $1.42 on economic recovery hopes May 21, 2021 The pound pushed higher today and was on track for its third consecutive week of gains against the dollar after upbeat economic data lifted hopes for the UK’s post-pandemic recovery. New figures released this morning showed UK business activity expanded at its fastest rate since 1998 in May as the lifting of lockdown restrictions boosted [...]
SSP Group: Upper Crust owner’s shares soar on back of impressive sales July 10, 2024 Travel food specialist SSP Group has continued its momentum from of May's half-year results, thanks to continuous increases in demand for leisure travel.
Hammerson in talks to sell £1bn stake in owner of Bicester Village November 13, 2023 British shopping centre giant Hammerson is reportedly in advanced talks to sell its £1bn stake in Value Retail, owner of Bicester Village, the luxury retail complex.
Lidl aims for 1,100 UK stores by 2025, creating 4,000 new jobs November 24, 2021 Supermarket Lidl has announced plans to have 1,100 stores across the UK by 2025, creating 4,000 new jobs, after opening 55 stores during the first year of the pandemic. It comes as the grocer published its accounts filed with Companies House for the 12 months to the end of February showing revenues jumped 12 per [...]