Marks and Spencer shares surge to the top of the FTSE 100 as it smashes analyst expectations May 22, 2024 Marks and Spencer has beaten analysts' expectations, posting a 58 per cent jump in profit before tax for the full year, as chief Stuart Machin reaps the benefits of the high street darling's turnaround plans.
Ghost Ship producer Adnams reports bigger loss amid question mark over its future May 22, 2024 Adnams has been struggling despite the fact its beers have been taking off around the country.
British Land: Shift away from shopping centres helps deliver full year growth May 22, 2024 British Land said its strategy of shifting its focus away from assets such as shopping centres is “delivering”, as it posts modest growth in the full year.
Losses slashed at The Very Group after major investment May 22, 2024 The Very Group said it has "delivered a resilient performance despite market pressures" as its losses were slashed.
FTSE 100 today: London markets set to open higher if UK inflation falls in line with expectations May 22, 2024 Asian indices mixed despite Wall Street's record highs; RBNZ kept rates steady. Investors await UK CPI, Fed minutes, and Nvidia earnings.
Cazoo formally enters administration as parent company prepares for liquidation May 21, 2024 Online car retailer Cazoo has formally collapsed into administration while its parent company is heading for liquidation.
Mike Ashley’s Frasers Group plots stake in two UK shopping centres May 21, 2024 Mike Ashley’s Frasers Group is reportedly closing in on two shopping centre deals, one of which includes a 50 per cent stake in the King’s property company as the retail behemoth looks to grow its physical estate.
The Works hoping to return to profit growth following challenging year May 21, 2024 Discount books and crafts supplier The Works is hoping to deliver more than £8m in profits next year, following a challenging 12 months in which it closed dozens of shops across the UK.
Ocado: Marks and Spencer-linked grocer is fastest-growing for third straight month May 21, 2024 Ocado has maintained its position as the fastest growing supermarket for the third month in a row, as efforts to cut prices continue to pay off.
Cazoo braces for collapse into administration as rescue deadline expires May 21, 2024 Cazoo is expected to collapse into administration later today after a deadline to find a rescue deal expired.