UK stocks 2020: Which shares are City A.M. staff backing in the new year? December 30, 2019 The UK stock market looks set to end the year on a high after the Tories’ election win and progress in US-China trade talks alleviated the uncertainty that has weighed on markets for months. But the road ahead is far from clear, with the looming Brexit date of 31st January and various upcoming trade negotiations [...]
2020 Budget live: City reacts to Rishi Sunak’s spending plans March 11, 2020 Welcome to City A.M.’s 2020 Budget Day live blog. Please refresh your browser for live updates. Chancellor Rishi Sunak is expected to address fears over the economic impact of coronavirus, and announce waves of new infrastructure spending and changes on taxation in his 2020 Budget. It comes after Bank of England governor Mark Carney earlier [...]
Wetherspoon shares fall as it warns that staff wage increase will hurt profits November 7, 2018 J D Wetherspoon shares fell 13 per cent to 1,138p today after it announced a rise in sales, but warned its decision to hand staff a wage increase without increasing prices will impact full-year profits. The pub chain, which has almost 1,000 branches in the UK, said like-for-like sales increased 5.5 per cent and total sales by [...]
Fevertree Drinks: Does 20% slump offer rare chance to buy? June 5, 2019 By Edmond Jackson from interactive investor. It’s one of the great stock market success stories but is vulnerable to shifts in sentiment. Our companies analyst shares his thoughts after a savage sell-off in May. Following my recent review of soft drinks firm Britvic (LSE:BVIC), it is pertinent to compare the risk/reward profile of AIM-listed Fevertree (LSE:FEVR) – both as a potential [...]
City Moves for 12 January 2018 – who’s switching jobs at Glenny, Belstaff and Fever-Tree? January 12, 2018 Today’s City Moves cover investing, fashion and soft drinks. Take a look at these movers and shakers: Glenny Glenny has announced a high-profile senior appointment, making Philip Colman a divisional partner in its investment team. He has over 10 years’ experience working in the London and the south east business space markets with a focus [...]
Fitness advice: Why focusing on a ‘healthy’ diet may be stopping you from losing weight February 6, 2018 When I was growing up, food didn’t come with information about calories or salt or sugar content. You just used a bit of common sense, a bit of guess work and left a bit to chance. Now it’s a legal requirement for any supermarket food to have nutritional information attached. Look at any label [...]
Thought millennials went crazy for avocados? Meet Generation Z September 15, 2017 If you thought Generation Y were a bunch of avocado-obsessed health-freaks, you ain’t seen nothing yet: it turns out Generation Z, their even younger counterparts, eat 226 per cent more avocados than their predecessors. Research by Barclays reveals today’s students are shunning traditional university pursuits – drinking, smoking, etc – in favour of quitting smoking [...]
Thought millennials went crazy for avocados? Meet Generation Z September 15, 2017 If you thought Generation Y were a bunch of avocado-obsessed health-freaks, you ain’t seen nothing yet: it turns out Generation Z, their even younger counterparts, eat 226 per cent more avocados than their predecessors. Research by Barclays reveals today’s students are shunning traditional university pursuits – drinking, smoking, etc – in favour of quitting smoking [...]
Global alcoholic drinks consumption drops for the first time in a decade, according to Euromonitor International May 12, 2016 Global sales volumes of alcoholic drinks declined a sobering 0.7 per cent in 2015, entering negative territory for the first time in more than a decade. This fall translated into a loss of 1.7bn litres of alcoholic drinks sales since 2014, according to research from Euromonitor International. Worldwide volumes were derailed by the effects of [...]
Wetherspoon’s Tim Martin: Government tax policy is hitting the pub sector and forcing people to drink at home March 16, 2017 Wetherspoon's boss Tim Martin has issued a call to arms to pubs and restaurants in an attempt to convince the government to slash "unfair" taxes levied on the sector. The pub chain founder said tax policy is not only harming the pub sector, it is also forcing poorer people to drink at home as alcohol can [...]