FTSE 100 seals record high after shaking off investor nerves June 12, 2025 The FTSE 100 finally sealed a new record closing high on Thursday after falling a whisker short the previous two trading sessions. The UK’s flagship index rose 0.2 per cent to – besting March’s record of 8,871.31. The index also beat its previous intraday high after hitting 8,892.36 in afternoon trading. Endeavour mining topped the [...]
Gino D’Acampo: Restaurant empire’s huge debts revealed before rescue June 9, 2025 The company behind TV chef Gino D’Acampo’s restaurant empire owed more than £11m as it collapsed into administration, it has been revealed. Upmarket Leisure Ltd, which controlled the former This Morning star’s venues, was served with a wind-up petition by HMRC in March and moved to appoint an administrator before being saved in a £5m [...]
JD Sports: CEO’s bonus cut as FTSE 100 giant loses £1bn profit race to Next June 2, 2025 The boss of JD Sports has missed out on a major pay day after the FTSE 100 retailer lost the race to report a profit of £1bn to Next. Régis Schultz took home a pay packet of just over £2m for the Greater Manchester-headquartered group’s latest financial year, up from the £1.5m he received in [...]
JD Sports: Shares drop on tariff uncertainty despite higher dividend May 21, 2025 JD Sports has raised its dividend on a double-digit rise in revenue after an uptick in European and North American demand. Shares, however, dropped more than seven per cent as the retailer warned that the visibility in US trading was uncertain due to the tariff impact. Overall revenue grew 12 per cent to £11.45bn in [...]
IPL suspended as PSL moved to UAE over India-Pakistan ‘war’ May 9, 2025 The Indian Premier League (IPL) has been suspended while the Pakistan Super League (PSL) has been shifted to the UAE over tensions between Pakistan and India. The two nuclear powers have been at odds of late with a recent air strike killing 31 in Pakistan, according to Islamabad officials. It has led to each nation’s [...]
Trump denies lobbying for Russia to be given 2026 World Cup place May 7, 2025 President Trump insists he is not lobbying for Russia to be parachuted into the 2026 World Cup co-hosted by the US despite saying it could be “a good incentive” for an end to war in Ukraine. Russia and its clubs have been banned from international football since its invasion of Ukraine in 2022 and European [...]
Trump’s first 100 days: From stock market carnage to electing Carney April 29, 2025 Tuesday marks President Trump’s second first 100 days. On 29 April 2017, pundits looked back at the opening of the then 45th President’s term as a period that had shaken presidential norms and perhaps lowered the tone. In comparison, these first three months have been an earthquake. Trump has shown himself willing to execute the [...]
FTSE 100: JD Sports back in fashion after share buyback and tariff U-turn April 10, 2025 JD Sports’ share price shot up more than 10 per cent this morning after the company announced a share buyback programme and US President Donald Trump announced a pause on tariffs. The FTSE-100 firm was set to be one of the UK retailers most exposed to the tariffs, as its suppliers source the majority of [...]
Next: Boss of FTSE 100 giant rewarded after £1bn profit April 10, 2025 The chief executive of FTSE 100 giant Next took home almost £5m as the high street icon’s profit surged to more than £1bn for the first time. Lord Simon Wolfson took home a total pay packet of £4.72m for the Leicester-headquartered retailer’s latest financial year, up from £4.63m. The CEO’s remuneration package included a salary [...]
FTSE 100 slumps as EU and China launch retaliatory tariffs against US April 9, 2025 The FTSE 100 closed in the red on Wednesday, reversing gains made at the start of the week. The blue-chip index was off 2.9 per cent. Pharma stocks drove losses on the back of fresh tariff threats from President Donald Trump. Astrazeneca closed off seven per cent and GSK 5.7 per cent. Lenders also suffered [...]