Uber-Deliveroo merger rumours spark investor fright as Just Eat shares tumble September 21, 2018 Shares in online food delivery service Just Eat tumbled as much as seven per cent in early morning trading, as news emerged that Uber is reportedly looking to buy rival competitor Deliveroo. Shares in the market leader Just Eat dropped to 647p, with other European food delivery firms Delivery Hero and Takeaway.com also being dragged [...]
Smiths Group shares tumble as medical unit disruptions hit profits September 21, 2018 UK engineering titan Smiths Group’s share price dropped nearly 10 per cent in early morning trading, after medical unit disruptions led to worse-than-expected profits for the year. Full-year operating profit rose three per cent on an underlying basis to £544m, but missed a company compiled consensus of analysts’ estimates of £548m. Headline operating profit tumbled [...]
Smiths Group shares tumble as medical unit disruptions hit profits September 21, 2018 UK engineering titan Smiths Group’s share price dropped nearly 10 per cent in early morning trading, after medical unit disruptions led to worse-than-expected profits for the year. Full-year operating profit rose three per cent on an underlying basis to £544m, but missed a company compiled consensus of analysts’ estimates of £548m. Headline operating profit tumbled [...]
Chris Grayling urges the EU to soften its stance on the Irish border to reach a deal with the UK September 21, 2018 Transport secretary Chris Grayling has said there will be no deal with the EU unless it softens its stance on the Irish border. Grayling – who is feeling the pressure after refusing to take responsibility for the rail timetable chaos – came to the Prime Minister's defence after she met with EU leaders in Salzburg where [...]
Moss Bros issues profit warning, blaming World Cup for poor footfall September 21, 2018 Shares tumbled at Moss Bros today as it issued a profit warning, blaming England’s World Cup success for fewer men being interested in buying suits. The figures The high street formalwear store posted a £1.7m loss for the six months to July, after recording a £3.7m profit in the same period of the previous [...]
Chris Grayling urges the EU to soften its stance on the Irish border to reach a deal with the UK September 21, 2018 Transport secretary Chris Grayling has said there will be no deal with the EU unless it softens its stance on the Irish border. Grayling – who is feeling the pressure after refusing to take responsibility for the rail timetable chaos – came to the Prime Minister's defence after she met with EU leaders in Salzburg where [...]
Moss Bros issues profit warning, blaming World Cup for poor footfall September 21, 2018 Shares tumbled at Moss Bros today as it issued a profit warning, blaming England’s World Cup success for fewer men being interested in buying suits. The figures The high street formalwear store posted a £1.7m loss for the six months to July, after recording a £3.7m profit in the same period of the previous [...]
Natural disasters halve Lloyd’s of London profits September 21, 2018 Pre-tax profits at Lloyd's of London have halved in the first half of 2018 as the insurance firm struggled under the weight of a series of natural disasters. The figures Profits dropped by 50 per cent to £0.6bn, compared with £1.2bn in the same period the previous year. For the first six months of the [...]
Natural disasters halve Lloyd’s of London profits September 21, 2018 Pre-tax profits at Lloyd's of London have halved in the first half of 2018 as the insurance firm struggled under the weight of a series of natural disasters. The figures Profits dropped by 50 per cent to £0.6bn, compared with £1.2bn in the same period the previous year. For the first six months of the [...]
One referendum fractured the UK – a second could shatter it September 21, 2018 Who wants a second Brexit referendum? Everyone, it would seem these days. The Czech and Maltese Prime Ministers called for one yesterday at the EU summit in Salzburg. According to Brussels gossip, the UK negotiators have been hampered by whispers that it is possible to get fickle Britain to change its mind. And, indeed, Vince Cable [...]