Kazakh payments firm Kaspi.kz announces London listing plans September 16, 2019 Kazakh financial group Kaspi.kz today announced plans to list in London this year. The offering will consist of a sale of existing shares in the form of global depository receipts by shareholders, Kaspi.kz said today. Read more: London equity capital markets remain resilient despite uncertainties The proposed listing is a boost to London’s stock market [...]
H&M reports strongest sales growth in three years September 16, 2019 H&M has reported its strongest sales growth in three years in the third quarter of the year, boosted by the popularity of the retailer’s summer collection. Net sales increased 12 per cent, totalling 62.6bn kr (£5.21bn), and were up eight per cent in local currencies, according to H&M’s latest trading update. Read more: H&M shares [...]
Asda employees stage fresh protests over contract changes September 16, 2019 Asda employees are protesting across the country over the implementation of a controversial new contract. Protests will take place at nine stores today, including in Leeds, Glasgow and Nottingham, after GMB union members staged demonstrations across the country earlier this month. Read more: Asda under pressure as workers stage nationwide protests Workers have raised concerns [...]
How to invest in Veganism September 16, 2019 We have a look at how companies are responding to the rise in veganism and explain how investors and traders can capitalise as people around the world begin to reduce their meat intake and consume more plant-based alternatives. Many food products are naturally friendly to vegans, like vegetables, which means the vegan market is already [...]
Can you Brexit-proof your investment portfolio? September 16, 2019 The future of Brexit is unknown, but investors and traders need to be proactive if they are to avoid any sudden shocks. Here’s how you might Brexit-proof your investment portfolio. The UK hasn’t left the EU yet, but Brexit is already wielding its influence over the financial markets. For the past three years, investors and traders [...]
Clintons signs up advisers as greeting card stalwart eyes potential sale September 13, 2019 The owners of greeting card chain Clintons have called in advisers as they weigh up a potential sale of the business. The Weiss family, which previously controlled US firm American Greetings, has appointed professional services giant KPMG to oversee a review of strategic options. Read more: Card Factory delivers sales rise despite challenging consumer market [...]
Pound jumps past $1.24 on reports DUP could soften backstop stance September 13, 2019 The sterling surged through the $1.24 barrier on Friday morning on renewed hope of a Brexit deal following reports that the DUP could be willing to soften its stance on the Irish backstop. The pound rose by 0.6 per cent to hit a seven-week high despite the ongoing prorogation of parliament. It comes after a [...]
How retail rookie Sharon White can turn John Lewis’ fortunes around September 13, 2019 John Lewis Partnership reported its first ever half-year loss yesterday, blaming falling sales and rising costs for a gloomy six months. It’s bad news for incoming chair – and retail rookie – Sharon White, who has a challenge on her hands to turn around the department store’s fortunes. Read more: John Lewis swings to a [...]
Focus on: Living by the River Thames September 13, 2019 Every September, the River Thames plays host to the Totally Thames festival; a month-long event which sees it taken over by art installations, history tours and performances. It’s a chance for Londoners to reconnect with the body of water that provides the backdrop to our daily lives, and make the most of some of the [...]
The great British sell-off: Three ways for investors to profit September 13, 2019 As the final act of the Brexit saga approaches, investors are still locked in a state of perpetual uncertainty. We can’t know what will unfold, but what business is continually telling the government is how difficult it is to plan in the current environment. Brexit is the moment when we will receive some clarity, for [...]