JD Sports shares slump after stockbroker downgrade August 12, 2024 Shares in JD Sports slumped more than four per cent on Monday morning after analysts at stockbroker Deutsche Numis questioned the retailer’s ability to generate cash. Analysts downgraded the stock from a ‘buy’ to a ‘sell’ and lowered the share price target from 115p to 110p. Deutchse’s forecast was 6.5 per cent below the fashion [...]
FTSE 100: UK stocks erase losses from last week’s selloff ahead of economic data dump August 12, 2024 The FTSE 100 reversed its losses from last week's massive global selloff on Monday as investors hunt for bargains and look ahead to a slew of economic data in the coming days.
Wingstop: Fast-growing chicken chain on the hunt for buyers of UK business August 4, 2024 Fast food chain Wingstop is reportedly on the hunt for potential new owners of its UK business.
Saudi Arabia is an unrivalled opportunity for global business August 1, 2024 Interview with Sir Nigel Knowles, CEO of DWF Group Sir Nigel Knowles is not afraid of a challenge. For almost twenty years, he was the Global Co-CEO and Managing Partner of the corporate law giant DLA Piper. Now, as CEO of DWF Group, a leading global provider of integrated legal and business services, he has [...]
FTSE 100: London inches towards all-time high as markets anticipate rate call July 29, 2024 FTSE 100 stocks started the week with a surge, rising one per cent in the three hours after the opening bell, as the market holds its breath on whether the Bank of England will cut interest rates later this week. After the record performance of the FTSE 100 in May, where the index hit an [...]
Frasers Group: Four charts that show how Mike Ashley’s empire took over the high street July 24, 2024 Analysts are predicting Frasers Group will only continue to grow. Here’s four charts showing how it got there.
Sir Tim Martin comes out swinging after JD Wetherspoon compared to Amazon, Sports Direct and P&O Ferries July 15, 2024 Sir Tim Martin has come out swinging after his pub giant JD Wetherspoon was branded a c**** employer along with "the likes of Amazon, Sports Direct, P&O Ferries".
Politics is a contact sport – but it should never be a violent one July 15, 2024 It's unhelpful to argue about whether Trump played a part in creating the environment that led to this weekend, though we will. Let's hope some lessons are learnt.
UK high street faces shareholder backlash over low pay July 2, 2024 UK high street shops like Sainsbury’s, Marks & Spencer and JD Sports are facing a shareholder backlash after failing to commit to pay all their staff and third-party contractors a real living wage. Big financial names backing a campaign against low pay include LGIM, HSBC Asset Management, Aviva, and Scottish Widows. In total, the institutions [...]
Pure Gym, Gym Group, Nuffield: Who owns Britain’s biggest gym chains? June 24, 2024 Following a forced shutdown during the pandemic, Brits have been heading back to the gym in droves helping many of the countries biggest chain to achieve bumper results over the past couple of years.