Jammie Dodgers and Wagon Wheels baker snapped up by Nutella maker Ferrero June 1, 2021 Jammie Dodgers and Wagon Wheels baker snapped up by Nutella maker Ferrero
Wall Street opens higher while the FTSE 250 closes at a new record June 1, 2021 Wall Street opens higher as FTSE 250 closes at a new record
Made.com: Online retailer confirms plans to raise £100m in London IPO June 1, 2021 Made.com has confirmed plans to list in London later this month after capitalising on the shift to e-commerce during the pandemic. Last week the online furniture retailer unveiled plans for a float and today confirmed it plans to raise £100m, and the offer will include an offer of existing shares to be sold by existing [...]
Crowdcube launches IPO platform for retail investors June 1, 2021 Crowdcube has today announced the launch of a new IPO platform as minister plan to reduce the dominance of institutional investors in listings. The UK crowdfunding company allows retail investors to xxx . It will offer a service for public as well as private share sales from this summer, the Financial Times reported. “These community [...]
Booming sales at Wickes as locked down Brits turned their hands to DIY June 1, 2021 Sales at Wickes boomed in the six months to 22 May, as a nation under lockdown restrictions got creative with DIY and home renovations. In a trading update this morning, the retailer, which sells various home improvement products, revealed like-for-like growth jumped some 46 per cent on the same period in 2020. Following better [...]
Sun shines on FTSE 100 amid reshuffle as ITV aims for prime-time slot June 1, 2021 The sun is shining on the FTSE 100 with the index receiving an early summer boost pushing it firmly above the psychologically important 7,000 mark. As the global growth recovery story unfolds, miners in particular are on the front foot today, as high demand for metals in particular push prices higher. Anglo American and Rio [...]
Pound retreats after hitting three-year high amid variant concerns June 1, 2021 The pound retreated this morning after reaching a fresh three-year high versus the dollar amid economic recovery hopes. Well into the London session after the bank holiday weekend, sterling reversed its course to fall 0.2 per cent to $1.4183. The pound edged lower as concerns over a new coronavirus strain outweighed increasing investor optimism on [...]
H&M majority-owned second-hand shop Sellpy expands across 20 more EU countries May 31, 2021 Majority-H&M-owned online second-hand shop Sellpy is set to expand its stores across 20 more European countries, the company said today. The Swedish start-up, which picks up the goods from sellers’ homes, and photographs and sells them online, will now be available in a total of 24 markets after launching in 2014. The second-hand market is [...]
John Lewis goes on senior hiring spree in push to modernise brand May 28, 2021 John Lewis has made three new senior hires to support its plans to transform and grow the business after a tough year. The new hires will focus on developing John Lewis’s online store, the retailer’s physical estates and branding. Steve Masterton will become director of online trade. He joins the partnership from Dunelm, where he [...]
Who will be the winners from the UK’s lockdown lifting? May 28, 2021 The UK continues its steady emergence from lockdown. Shops, gyms and outdoor hospitality reopened in April, with hotels, cinemas and indoor dining now following suit. All being well, further restrictions could be lifted in June. The lockdowns of the last year have undoubtedly benefited online grocers and food delivery services. But we’ve reached a crucial [...]