Why one stockpicker thinks the FTSE 100 is ‘pregnant with value and opportunity’ May 21, 2024 The FTSE 100 and UK markets are "pregnant with value and opportunity", a leading City stockpicker has said
New car market increased 18 per cent last month to mark release of new number plates April 5, 2023 The UK’s new car market has grown for eight consecutive months, figures show. Some 287,825 new cars were registered last month, up 18.2 per cent on March 2022, the Society of Motor Manufacturers and Traders (SMMT) said. The increase was attributed to an easing of global supply chain shortages. Large fleets, which include vehicles owned [...]
Monthly insolvencies tick up again as firms feel the brunt of the Bank of England’s interest rate hikes February 16, 2024 According to figures from the Insolvency Service, there were 1,769 company insolvencies in January, five per cent higher than in the same period last year driven by an increase in forced closures.
Halfords investors looking for progress after profit warning earlier in the year June 9, 2023 Investors in Halfords will be hoping the retailer has made progress in repairing holes in its workforce as it is set to unveil its full-year financial results. The bike and car parts seller warned over its profits earlier in the year amid a shortage of mechanics. The firm, which also services cars and bikes and [...]
Cineworld names Mexican cinema pro as new chief as it steams ahead with plans to exit bankruptcy July 13, 2023 Troubled cinema chain Cineworld has appointed the former president of Mexican cinema chain Cinépolis Americas as its new chief executive as it steams ahead with plans to emerge from bankruptcy. Eduardo Acuna will join newly appointed chairman Eric Foss to work together under the newly incorporated parent company set up by the group’s lenders (‘Newco’), [...]
On the Beach rubbishes fears of consumer slowdown as forward bookings hit record December 5, 2023 On the Beach plans to bring back its dividend in 2024 as booming demand for travel helped the company report record revenue and bookings.
FCA poised to clampdown on greenwashing with ‘ESG’ curbs October 25, 2022 The UK’s City watchdog has announced a landmark set of measures to police how firms use terms like ‘ESG’ and ‘green’ today as it looks to stamp out rampant greenwashing in the City.
British Steel pension members set for £49m redress, FCA announces November 28, 2022 More than 1000 former members of the British Steel pension scheme are set to be paid £49m after the UK’s financial watchdog ruled they received wrong advice from financial advisors looking to pocket huge fees.
Loungers trading ahead of expectations as new site roll-out boosts bottom line April 26, 2024 Loungers has said it is trading ahead of expectations for the year, helped by the opening of 36 new sites.
Mulberry: Chief calls to scrap London tourist tax as losses widen November 30, 2023 Thierry Andretta, said that a weak economic outlook is impacting the entire luxury industry and called for UK government to bring back VAT free shopping for international tourists