Rugby World Cup audiences help push ITV ad revenue higher November 12, 2019 ITV stuck to full-year guidance today as it revealed a surge in online revenues while rugby fans helped push advertising spend towards the top of its range in the broadcaster’s third quarter. Total advertising with the broadcaster fell three per cent for the year to the end of September, but climbed one per cent over [...]
FTSE 100 climbs as Experian and utility stocks boost index November 12, 2019 The FTSE 100 today bounced back after sinking into the red yesterday, with mainstay utility stocks and Experian and Vodafone’s pushing up the index. London’s blue-chip index climbed by almost a third – 0.29 per cent – to stand 21 points higher at 7,349.9 in early trading. Read more: Vodafone improves 2020 guidance but lowers [...]
Aston Martin shares climb as HSBC says investors should buy its stock November 11, 2019 Aston Martin’s share price climbed today after HSBC advised investors to buy the troubled luxury car maker’s stock despite its latest loss. The manufacturers of James Bond’s favourite ride swung to a £13.5m loss in its latest quarter as Brexit fears dampened demand in the UK and EMEA. Read more: Aston Martin is hoping next [...]
Rugby World Cup fans help Heathrow airport post record October traffic November 11, 2019 Heathrow airport enjoyed its busiest October on record as 6.9m passengers travelled from and to London’s international hub, thanks in part to fans flying to Japan’s Rugby World Cup. Airport traffic grew 0.5 per cent year on year, Heathrow revealed today, with the number of passengers flying to and from the Middle East rising 6.5 [...]
British Steel to be saved in £70m Jingye Group rescue deal November 11, 2019 British Steel is poised to announce a £70m rescue deal with Chinese giant Jingye Group today in a move that could save 4,000 UK jobs. Jingye Group has agreed in principle to a £70m sum to buy British Steel, it is reported, which has been in liquidation since May. Read more: Chinese steel maker Jingye in [...]
Jet2 buys Thomas Cook’s slots at Stansted, Manchester and Birmingham airports November 8, 2019 Budget airline Jet2 has snapped up Thomas Cook’s airport slots at Stansted, Manchester and Birmingham, the collapsed travel company’s liquidators confirmed today. The official receivers did not reveal how much Jet2 paid for the landing and take off slots, which came hours after Easyjet bought Thomas Cook’s slots at Gatwick and Bristol. Read more: MPs [...]
Crossrail will not open until 2021 and could run £650m over budget, bosses admit November 8, 2019 Crossrail will not open until 2021 and will run up to £650m over budget, transport bosses admitted today. The long-awaited Elizabeth Line, which was originally due to open in December 2018, will not open until “as soon as practically possible in 2021”, Transport for London (TfL) said. Crossrail chief executive Mark Wild warned technical issues [...]
Games Workshop shares soar as profits beat £55m November 8, 2019 Games Workshop’s share price rocketed in early trading today after the model maker revealed profits and sales are ahead of last year. Trading between September and early November has beaten the company’s performance for the same period last year, with royalties receivable also “significantly ahead”. Read more: General Election announcement hurts October high street sales [...]
Pound sinks as Bank of England comes closer to interest rate cut November 7, 2019 The pound fell sharply this afternoon as the Bank of England came closer to signalling an interest rate cut. The Bank’s Monetary Policy Committee voted in favour of holding rates for the 15th month in a row, but traders were surprised as two members voted for an immediate rate cut. Read more: Bank of England: [...]
General Election 2019: Ex-Labour MP Ian Austin urges ‘decent’ people to vote Conservative November 7, 2019 Former Labour MP Ian Austin has urged voters to back the Conservatives this election, claiming Jeremy Corbyn is “completely unfit” to be Prime Minister. The Dudley North MP, who resigned from the party earlier this year to sit as an independent, said “decent, traditional” voters should back Boris Johnson in December’s General Election. He lambasted [...]
