Wickes bosses shrug off falling ‘don’t do it yourself’ sales January 26, 2024 Bosses at Wickes hailed a “robust” year for home improvement retailer Wickes despite slippage in its ‘do it for me’ offering through the last six months of the year. Total like-for-like core sales for the DIY and garden centre firm were up 0.1 per cent, with an uptick of 1.2 per cent in the fourth [...]
Buy Natwest shares – not just crypto, City minister tells young investors January 26, 2024 Younger retail investors should back the British stock market and buy shares in Natwest rather than just pumping cash into cryptocurrency, the City minister has told City A.M.’s new Bonds & Ballots podcast.
Paragon Bank meets expectations and reports ‘strong credit resilience’ January 26, 2024 Paragon Bank met expectations for its first trading update of the year, with the firm reporting “strong credit resilience” and arrears below the industry average. In the final quarter of 2023, margins ran slightly ahead of expectations for the bank, though the firm’s full-year guidance for margins, new business flows and operating costs remained unchanged. [...]
Superdry: Losses widen, CFO quits and boss admits a ‘difficult’ period January 26, 2024 Embattled retailer Superdry posted further losses in its half year update, blaming a challenging retail market and underperformance of its wholesale segment.
London rents at record high as market hits ‘affordability ceiling’ January 26, 2024 The average price of rent in London has hit a record high of £2,631 per month, and is forecast to grow by three per cent more this year, a new report has found, but the market may hit an “affordability ceiling”. A study by property portal Rightmove said that this is just four pounds higher [...]
UK consumer confidence hits highest level in two years January 26, 2024 UK consumer confidence rose in January and had its highest reading in over two years, as a surprise rise in inflation appeared to not rattle the public.
Mind the cyber skills gap – or the UK will fall short of its tech potential January 26, 2024 The UK is being held back by a rapidly growing skills gap in two disciplines: AI and cybersecurity.
Moving markets today: What’s shaping the FTSE 100 this morning January 26, 2024 Asian markets trade mixed, Tesla shares plummeted by 12%, and Intel dropped 10.90%. Investors are eyeing today's release of US PCE data and anticipating 'FAAMG' earnings next week.
Countdown begins: What’s in store for next week’s mega-tech FAAMG earnings January 26, 2024 As the fourth-quarter earnings season approaches on Wall Street, all eyes are on the FAAMG group: Alphabet (Google), Microsoft, Amazon, Meta Platforms, and Apple.
Victoria Scholar: Women and youngsters the biggest winners amongst retail traders January 26, 2024 Victoria Scholar on the winners and losers amongst traders, Premier Foods' mince pie success, and much more
