FTSE 100 close: London markets move higher after boost from US inflation figures February 29, 2024 London markets moved higher on a busy morning of corporate results, with shares in Ocado and Haleon both rising significantly.
FTSE 100 close: Housebuilders drag London’s premier index into the red after CMA warning February 26, 2024 The biggest news of the morning was the Competition and Markets Authority's (CMA) announcement that it had found "fundamental concerns" with the housebuilding market.
Ocado shares tumble as retail partner Marks poised to hold back funds over poor performance February 26, 2024 Both Ocado and Marks and Spencer joined forces five years ago to create the digital grocery brand, in a £750m tie-up.
Ocado to unveil improved sales after eventful year February 24, 2024 After a colourful year online supermarket and automation business Ocado will later this week unveil its earnings for 2023.
‘We were wrong’: Coffee brand pulls out of Tesco after learning ‘simple truth’ February 20, 2024 The boss of an independent coffee brand has opened up about the decision to pull its products from the shelves of Tesco.
Mastercard and Visa are back in court over interchange fees February 14, 2024 The lawsuits allege that Mastercard and Visa both acted unlawfully by overcharging businesses for accepting credit and debit card payments on corporate and consumer cards.
Tritax Big Box and UK Commercial Property agree to merge creating £6.3bn real estate giant February 12, 2024 In a stock exchange notice this morning, Tritax Big Box said the merger, which still needs to be voted on by shareholders, would "bring together complementary logistics-oriented investment portfolios with a shared focus on resilient and growing income."
Sent packing: Ocado gives two male board members the boot in bid ‘refresh’ top table February 2, 2024 Online grocer and technology firm Ocado has said two of its senior employees will step down from the board with immediate effect as it looks to “refresh” its top table.
FTSE 100 suffers worst day in five months after inflation surprise dampens rate cut bets January 17, 2024 London’s FTSE 100 has clocked its worst day in five months after new figures showed a surprise uptick in inflation at the end of last year.
Ocado: Marks-linked grocery tech giant cheers bumper online Christmas orders January 16, 2024 Ocado Retail, the grocery delivery service owned in a joint venture with Marks and Spencer, said it would return to positive EBITDA for the full year, as customers fall back in favour with the brand