FTSE 100 today: London markets set to open higher as yields retreat May 31, 2024 Asian stocks rise despite Wall Street slowdown, Nasdaq's biggest drop in a month. All eyes are on US PCE and Eurozone CPI data.
China’s factory activity unexpectedly shrinks in May, puts economic recovery at risk May 31, 2024 China's manufacturing activity unexpectedly contracted in May, adding pressure on policymakers in the world's second-largest economy.
Uncool Britannia: What is going wrong at Dr Martens, Burberry and Mulberry? May 30, 2024 Thursday proved to be another challenging day for British heritage brands, with Dr Martens revealing a plummet in annual profits largely due to dwindling demand from US shoppers.
Premier Milton: Fund manager reports mixed results amid ‘challenging’ environment May 30, 2024 Chair Robert Colthorpe noted that while that had been some recovery in several investment markets, there was "weak industry level net flows" from UK retail and wholesale investors.
Londonmetric sells off £30m of former LXi assets following ‘mega-merger’ May 30, 2024 Property firm Londonmetric has sold more than £30m worth of retail units, including an Asda supermarket and two former Cazoo showrooms.
What was the driving force behind Cazoo’s crash? May 30, 2024 Cazoo fell into administration last week, after cutting 728 jobs earlier this year. The news came just three years after the digital used car retailer was listed on the New York Stock Exchange for $8bn (£6.3bn).So what brought Cazoo to this point? Experts have highlighted the fundamental differences between cars and other products you might [...]
Boots: Profit surges at British icon as owner mulls £7bn London float May 29, 2024 Historic pharmacy chain Boots has reported a surge in its pre-tax profit for its latest financial year amid reports its owner is considering a £7bn float in London.
Ocado set to fall out of FTSE 100 after shares crash May 29, 2024 Investors appeared to delete Ocado from their shopping baskets on Wednesday, after reports the business behind the posh online grocery store could be relegated from the FTSE 100 led to a fall in its share price.
Pets at Home ‘not threatened’ by regulator probe as it holds firm on growth plans May 29, 2024 Animal care retailer Pets At Home has held its guidance for the year and said its vet growth strategy is “not threatened” by the CMA's review into the sector.
Marks and Spencer injects £30m into new and revamped London sites May 28, 2024 High street darling Marks and Spencer has announced plans to invest over £30m in new and renewed stores across London this financial year.