Week ahead: Kingfisher, Pennon, Fevertree and Ocado March 24, 2024 In a quiet week for economic announcements, London markets are expecting updates from Kingfisher, Pennon Group, Fevertree, Ocado and Carnival.
Marks and Spencer confirms first female boss Katie Bickerstaffe is to step down March 7, 2024 The first female boss of Marks and Spencer is to step down. Katie Bickerstaffe joined the high street darling just over two years ago, and has helped lead a massive turn around of the business.
Most shorted companies revealed: Petrofac takes top spot February 12, 2024 Seven investment firms held short positions in Petrofac, with Helikon Investments Limited holding the largest position at 3.5 per cent.
Kingfisher shares sink six per cent after B&Q owner’s profit warning November 22, 2023 B&Q owner Kingfisher has once again lowered its profit guidance for the year as its French arm continues to struggle.
Disinterest in trade jobs could see UK miss out on £98bn of growth, B&Q boss warns October 19, 2023 B&Q's owner stressed the importance of training up people in trade roles such as plumbing and electrics to address the shortfall.
FTSE 100 close: Strong results from Hargreaves Lansdown and Ocado tip index into green September 19, 2023 Strong performances from Hargreaves Lansdown and Ocado helped tip the FTSE 100 into the green despite concerns around inflation.
Kingfisher: Profit warning at B&Q owner as economy bites September 19, 2023 Kingfisher: Profit warning at B&Q owner as economy bites
Gerry Murphy: Who is Tesco’s new chair? July 2, 2023 Two months after Tesco’s former chair John Allan stepped down following allegations of sexual misconduct the ‘Big Four’ grocer has appointed boardroom heavyweight Gerry Murphy to fill the role. Dr. Murphy, an Irish businessman, is already the chairman of luxury fashion brand Burberry and sugar manufacturing business Tate & Lyle, however will step down from [...]
FTSE 100: Shares rise in London despite poor performance from supermarkets June 17, 2023 London’s top shares eked out another small gain, helping the FTSE end the week on 7,643 points. The gains were led by some of the UK’s biggest energy companies, which managed to outweigh some of the pressure put on supermarkets stocks, apart from Ocado which soared. By the end of the day, the FTSE 100 [...]
FTSE 100 close: A stable end to a miserable week May 26, 2023 London’s FTSE 100 showed tentative signs of recovery on Friday, after a turbulent week that saw numbers from the Office for National Statistics reveal far higher levels of inflation, all but sealing further interest rate hikes. The blue-chip index started higher before settling in flat, and then closing at 7,627, up 0.74 per cent, helping [...]