Rolls Royce, Antofagasta, Natwest: these top FTSE 100 stocks have returned over 30 per cent this year April 27, 2024 The FTSE 100 does still offer something to get excited about despite a ballooning number of companies leaving the London Stock Exchange.
FTSE 100 close: Persimmon and Standard Chartered peg losses on London index April 26, 2023 London’s FTSE 100 skidded lower today despite a decent batch of results pumping up banks and house builders. The capital’s premier index lost 0.49 per cent to close at 7,852.63 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, edged 0.04 per cent lower to [...]
Only five UK retailers issued profit warnings in first leg of 2023, but experts warn of challenges April 24, 2023 Only five UK retailers raised concerns about their profits in the first leg of 2023. However, the sector has warned that challenges remain for shops and the high street. According to data by accountancy firm EY, the number of profit warnings issued by retailers fell by 44 per cent in quarter one compared to the [...]
Heathrow cancels flights ‘to ensure silence’ for Queen coffin procession and funeral September 14, 2022 Heathrow Airport cancelled flights today to “ensure silence” over the capital during the procession for HM The Queen, and will pull more journeys on Monday for the funeral. The UK’s biggest airport said it had made “appropriate alterations”, with flights between 13.50 and 15.40 on Wednesday “disrupted.” It said disruption was to “ensure silence over [...]
Aviation regulator restricts flying over London ahead of Queen’s funeral September 13, 2022 The UK aviation regulator has set curtailed the country’s airspace ahead of the Queen’s funeral and mourning period. The CAA announced today it had restricted flying over central London between 9 and 19 September as well as between Balmoral Castle and Holyroodhouse from Saturday until today. The restrictions are also applicable to drones. Under the [...]
FTSE 100 weighed down by China Covid-19 jitters November 21, 2022 London’s FTSE 100 was today weighed down by the re-emergence of tough restrictions to tame Covid-19 in China over the weekend. The capital’s premier index edged 0.12 per cent lower to 7,376.85 points, while the domestically-focus mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, climbed 0.68 per cent [...]
Primark set to reopen all English stores on 15 June June 1, 2020 High-street stalwart Primark is seeking to reopen all of its 153 stores in England by 15 June, its owner Associated British Foods said today. The announcement came after the UK government reiterated its “roadmap” for reopening the economy. It said non-essential retailers can open from the middle of this month after a lengthy period of [...]
Retail restraint: John Lewis and Primark decline government help to play the long game July 16, 2020 For retail, the story of Covid-19 has been one of survival. Inevitably, the sector has looked to the government for assistance. Even the most hardened devotee of the free market has seen the Treasury’s coffers as a life belt to help companies get through the worst of the pandemic. Change and adaptation can come later. [...]
Oxford Street on cusp of something really ‘special’, New West End chief says April 23, 2023 Oxford Street is on the cusp of something “really special” and “exciting”, the chief of the New West End company has said, as store development and a boost in international tourism signals a return to better times for London’s most iconic shopping district. Dee Corsi, who oversees operations for the retail strip which spans from [...]
Shein is plotting world domination, should UK retailers be worried? November 2, 2023 It is expected that Shein’s chokehold on shoppers will get even greater after acquiring its first UK company earlier this week.