London Stock Exchange Group: Equity arm continues to lose relevance May 1, 2025 London Stock Exchange Group’s (LSEG) equity business has continued to diminish in importance, as the firm struggles to attract new IPOs to UK markets. LSEG’s market arm was actually the fastest growing part of its business in the first quarter of 2025, but not due to the London Stock Exchange itself, the firm revealed in [...]
Plus500 raises guidance despite revenue dip April 28, 2025 Fintech group Plus500 has raised its outlook for the year despite reporting a mixed start to the year. Its share price dipped 1.6 per cent in early trades. The company told markets this morning that revenue in the first quarter of the year increased by 13 per cent month on month but fell by five [...]
Domino’s: Pizza chain reports order growth and expects ‘minimal’ tariff impact April 24, 2025 Domino’s has reported order growth ahead of the market and said it does not expect Trump tariffs to impact the business. Its share price dipped by just over one per cent in early trades. Total sales rose 2.1 per cent to £393.3m in the first quarter of 2025, from £385.2m in 2024, while total orders [...]
Unilever turnover dips as turnaround fails to gain pace April 24, 2025 Unilever has reported a dip in turnover despite a year-long turnaround plan aimed at revitalising the business. Turnover at the consumer goods giant fell 0.9 per cent year year to €14.8bn (£12.65bn) in the first quarter of 2025. This was driven by slumps in personal and home care products, which fell by 4.4 per cent [...]
Foxtons: Sales revenue booms on stamp duty completion rush April 23, 2025 Revenue at London’s largest estate agent Foxtons has risen by a quarter, driven by the large number of completions brought forward to benefit from stamp duty relief. The company said that overall revenue rose by 24 per cent in the three months ended March 31, with a 73 per cent rise in sales revenue. Foxtons [...]
Reckitt Benckiser: Dettol, Durex and Gaviscon drive growth but America lags April 23, 2025 Consumer goods giant Reckitt Benckiser has reported an uptick in profit driven by its core brands and emerging markets despite a slowdown in North America. Group revenue at the company rose by 1.1 per cent in the first quarter of the year. This growth was driven by emerging markets China and India, where like-for-like revenue [...]
Halfords: Sales jump but retailer warns tariffs could hit supply chain April 15, 2025 Motoring and cycling specialist Halfords has reported an uptick in sales but warned US President Donald Trump’s tariffs could push up costs across its supply chain. The retailer and services provider told markets this morning that sales grew 2.3 per cent in the year to March 28. Its share price rose more than 13 per [...]
WHSmith and Inchcape lead fall in retail stocks April 4, 2025 UK retail stocks have dropped in value this morning, led by a sell-off of WHSmith, Inchcape and AO World. Earlier today, tax body RSM said that price rises at UK retailers as a result of the tariffs were “inevitable”. “The tariffs announced by President Trump this week would in themselves be a blow to the [...]
Currys upgrades outlook as sales outperform April 3, 2025 High sales growth at Currys has led the electrical retailer to increase its expected profit for the full year. Its share price rose more than 10 per cent in early trades. The company told markets this morning that adjusted profit before tax is now expected to be around £160m, versus previous guidance of £145m to [...]
Monzo, Starling, Zilch: The fintech IPOs that could boost London March 30, 2025 London markets have suffered a torrid couple of years, but could fintech help turn the tide? Swedish fintech Klarna marked the latest snub to the City after it announced it was pursuing a US-listing despite hopes the firm would float in London. This followed 88 companies leaving the London Stock Exchange (LSE) last year, including [...]