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Wildwood restaurant chain owner Tasty said on Tuesday it would open around 86% of its estate this month having cut its workforce by more than 30%, as it considered an equity raising and warned of a “challenging” market. The firm said it remained “extremely cautious” regarding trading in September and …

William Hill surged after Jefferies upped its price target on the buy-rated stock. “William Hill boasts the leading US sports betting market share, yet we see zero value priced in. US competitive positioning continues to strengthen with: 1) An enlarged retail footprint due to the Caesar’s deal; and, 2) Launch …

AO World revealed on Tuesday that chief financial officer Mark Higgins had disposed of 146,411 ordinary shares in the FTSE 250-listed retailer. Higgins, who exercised nil cost options over a total of 309,537 ordinary shares on Monday, sold the shares at an average price of 195.0p each, for a total …

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 …

Engineering company Renishaw was the worst performer as it posted a drop in full-year profit as revenue fell amid “very challenging economic conditions”. National Express was also on the back foot after saying it swung to a half-year loss as the coronavirus lockdown led to an 80% slump in passenger …

London’s FTSE 250 was up 0.5% at 18,077.60 in afternoon trade on Wednesday. Online electrical goods retailer AO World surged to the top of the index, with traders pointing to positive read-across from Asos, which said annual sales and profit were set to be “significantly ahead” of market expectations. Although …

London’s FTSE 250 was up 1.4% at 17,964.71 in afternoon trade on Tuesday. Cineworld surged, with traders pointing to speculation the company may be taken private by its founder. The shares had already rallied on Monday on takeover speculation after a US judge granted the government’s request to end the …

London’s FTSE 250 was up 0.8% at 17,302.31 in afternoon trade on Tuesday. EasyJet was sitting pretty at the top of the index as it said it expects to report a smaller loss for the fourth quarter of the year and announced the expansion of its flight schedule amid stronger-than-expected …

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 …

The market spotlight at the end of the week will be firmly on the start the three-day summit between European Union leaders. Hopes for a breakthrough on agreeing on the details of a proposed €750bn EU Reconstruction Fund are low going into the meeting, given the wide range of interest …