Royal Mail owner International Distribution Services said on Thursday that it has had to delay the publication of its full-year results – which were originally due on Thursday morning – after auditor KPMG requested additional time to complete procedures. “The group’s auditor, KPMG, has requested additional time to complete the …
Read More »How Princesses Eugenie and Beatrice could be stepping up amid Royal Family health troubles
The Princess of Wales’s video – in which she candidly revealed her cancer diagnosis – sent shockwaves across the world. And with both herself and King Charles III in recovery and treatment, the public has seen a number of senior royals – including Queen Camilla, Princess Anne as well as …
Read More »London open: Stocks fall amid earnings barrage, despite more dovish Fed
London stocks were a little weaker in early trade on Thursday, unable to hold on to opening gains despite a less hawkish stance from the US Federal Reserve, amid a barrage of corporate news. At 0925 BST, the FTSE 100 was down 0.3% at 7,323.74. Overnight, the FOMC raised the …
Read More »London midday: Stocks fall amid worries about Omicron, rate hikes
London stocks were still in the red by midday on Thursday as concerns about the new Omicron Covid variant and potential rate hikes weighed on investors’ minds. The FTSE 100 was down 0.7% at 7,119.72, having taken its opening cue from Wall Street, where stocks tumbled after the first US …
Read More »Britain’s Hut Group sees stronger 2021 as beauty products lift fourth quarter
The Hut Group had earlier predicted a 20% to 25% surge in its medium-term revenue before announcing last month that it would buy Dermstore, an online retailer owned by Target Corp, for $350 million to bolster the presence of its beauty brands in the U.S. market. The British retailer said …
Read More »Oxford Instruments records ‘modest’ order growth amid Covid-19
Technology products provider Oxford Instruments said on Tuesday that it had managed to record modest order growth during the first five months of trading despite the Covid-19 pandemic. Oxford Instruments said the coronavirus outbreak had continued to have an impact on trading, with cumulative revenues down 2% year-on-year. However, the …
Read More »London close: Stocks finish weaker amid US-China concerns
London stocks had turned negative by the close on Tuesday, amid growing tensions between the US and China, offset by a strong performance from housebuilders. The FTSE 100 ended the session down 0.83% at 6,076.62, and the FTSE 250 was 0.84% weaker at 17,623.02. Sterling was trading strongly in the …
Read More »Director dealings: Boohoo executives buy shares amid controversy
Online retailer Boohoo revealed on Thursday that multiple directors had upped their stake in the AIM-listed group that same day. Chairman Mahmud Kamani snapped up 5.0m ordinary shares in the firm at an average price of 214.28p each for a total of £10.7m, while co-founder Carol Kane purchased 2.0m ordinary …
Read More »How to celebrate Mother’s Day 2020 if you can’t see your mum
20 March 2020, 15:00 | Updated: 20 March 2020, 15:02 Mother’s Day 2020 ideas. Picture: Getty Images Here’s how to celebrate Mother’s Day this year amid the coronavirus self-isolation. With the official UK government advice to avoid all non-essential contact to prevent the spread of coronavirus, many families won’t get …
Read More »FTSE 250 movers: Weir Group and Serco pace gains amid bargain hunting
London’s second-tier index finished in the red yet again as investors took stock of the Chinese coronavirus’s continuing spread globally and after the US Centers for Disease Control and World Health Organisation called for measures to be put in place immediately to break its advance. Despite those warnings and a …
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