As it happened: FTSE 100 slips as oil prices surge; Vistry shares crater FTSE 100 Live Welcome back to City AM‘s FTSE 100 live blog. Stick with us throughout the day for the latest London Stock Exchange and wider business and economic news, as soon as we get it. Here’s a look at some of our top headlines today: The liveblog has ended.No liveblog updates yet. Load more
As it happened: Ministers resign as gilt yields at 28-year high Markets The Westminster political drama rocked the bond markets with gilt yields surging to a 28-year high. The yield on 30-year gilts surged 13 basis points on Tuesday to hit 5.8 per cent. It comes as nearly 80 Labour MPs have now called for the resignation of the Prime Minister and reports suggest numerous members of [...]
On the Beach shares slide as Brits delay booking holidays Markets On the Beach has suffered one of its biggest-ever single-day stock selloffs amid investor fears over a slowdown in holiday bookings. Shares in the Manchester-based business plunged 17 per cent to 140p after the London-listed business said it saw a more than 12 per cent fall in sales to £52.2m for the six months to [...]
On the Beach shares tumble as it tears up guidance amid bookings slowdown March 12, 2026 On the Beach has torn up its guidance for the forthcoming year after warning that tensions in the Middle East have sparked a sharp slowdown in bookings. The online travel agent previously forecast pre-tax profit of between £39m and £43m. “Whilst the group has limited exposure to destinations in the Middle East, it has experienced [...]
On the Beach shares rocket as firm gears up for record summer December 2, 2025 On the Beach is getting itself ready for a record summer season as consumers hold on to their overseas holidays despite feeling the squeeze. The travel retailer said its Winter bookings were 15 per cent ahead of last year while bookings for next summer were “encouraging” and likely to be the highest yet. Chief executive [...]
On The Beach: Demand for city breaks boosts travel group May 13, 2025 On The Beach has reported a double-digit profit increase in another market-outperforming trading update. The online package holiday specialists told markets this morning that adjusted revenue grew 12 per cent year on year in the first half of 2025. Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) rose 19 per cent year on year. [...]
On the Beach: Summer bookings soar after record year February 25, 2025 On the Beach is expecting another bumper summer of travel in 2025 after reporting a surge in advanced bookings. The London-listed travel firm said total transaction value (TTV) growth, a measurement of ticket sales, had risen 10 per cent year-on-year for the upcoming summer. Group TTV for holidays scheduled from March through to June is [...]
On the Beach brings back dividend after package holiday boost December 3, 2024 On the Beach chief Shaun Morton said the performance was "driven by a combination of initiatives," including the firm's tie-up with Ryanair.
‘False alarm’: The post-pandemic global travel boom is showing no signs of slowing September 25, 2024 Global travel has peaked nearly five years after the pandemic decimated the industry. How long will the boom last?
On the Beach hails record booking haul after summer travel boom September 25, 2024 On the Beach told markets the performance had been "underpinned" by 13 per cent volume growth over the peak summer trading period.