The House of Boohoo: Impact of PrettyLittleThing and others on fast-fashion giant’s mounting losses revealed January 27, 2024 Boohoo is never far from the headlines - but the firm's endgame isn't quite as easy to find
Taylor Wimpey warns of more housing pain – but better profits than first expected November 9, 2023 The FTSE 100 firm’s trading update mimicked that of its rival Persimmon, who on Tuesday warned of market trouble next year, while simultaneously raising the number of homes it plans to build.
Record pay day for Timpson family as group ‘far exceeds expectations’ March 14, 2024 The Timpson family paid themselves the largest dividend in the group's recent history after its financial performance "far exceeded our expectations".
Persimmon under increasing pressure as rate rises crimp housing demand August 6, 2023 UK housebuilder Persimmon is expected to report a fall in revenue in its half-year update on Thursday as the sector comes under increasing pressure from higher mortgage costs. The FTSE 100 firm is expected to see revenue decline to £1.11bn, down from £1.69bn for the same period last year, according to CMC Markets. In its [...]
Tory leadership race gets underway as Badenoch and Cleverly launch small state campaigns September 2, 2024 The Conservative leadership race was set alight today as frontrunner Kemi Badenoch and rival James Cleverly launched their campaigns, both calling for a “state that does less”. Former business and trade secretary Badenoch argued: “Government should do fewer things but better – and what it does, it should do with brilliance.” While former foreign and [...]
Gazumping and you: How to avoid being gazumped on your dream home September 22, 2023 Moving house is rated as one of the top three stressful events in life, alongside death and divorce, heaven forbid. Just when you thought it couldn’t get any worse, along trundles the devilish duo of gazumping and gazundering. Derived from the Yiddish word “gazumph” (to overcharge or cheat) these twin horsemen of the property apocalypse [...]
Glass half-full: Why Fuller’s chief remains optimistic despite strikes leaving a £4m dent in Christmas sales January 23, 2023 Pub chain Fuller’s lost £4m in sales due to the impact of strikes over Christmas and new year, as its chief warned of lower expectations for the full year. Chiswick-based Fuller, Smith and Turner reported in the 43 weeks to January that like-for-like sales were up a fifth on the Covid-impacted previous year – despite [...]
Watches of Switzerland: Rolex seller ‘cautiously optimistic’ as it posts modest growth amid ‘rich-session’ May 16, 2024 Watches of Switzerland, the British retailer which sells the likes of Rolex and Tag Heuer watches, said it was “cautiously optimistic” about trading over the next financial year as the firm reports modest growth.
Billionaires Row: Mansions on London’s poshest street set to disappear October 10, 2023 London's poshest postcode is undergoing a transformation, as developers look to convert Billionaire Row's flashy mansions into apartment complexes.
FTSE 100 today: London stocks to stay subdued in light trading as Asia and Europe mark Labour Day holidays May 1, 2024 Asian markets were mixed following Wall Street's poor performance. Concurrently, oil prices experienced a decline while gold remained stable. Starbucks, AMD, and Supermicro saw significant stock declines. Now, all eyes are on the upcoming US Federal Reserve policy decision and Chair Jay Powell's remarks.