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Survey results due out on Monday for factory sector conditions in China, the UK, US and euro area will set the tone for trading over the remainder of the week, with investors keen for the most up-to-date readings possible. They will be followed later in the week, on Wednesday, by …

London’s FTSE 250 was down by 0.32% at 20,956.09 in afternoon trade on Friday, with Victrex leading the index lower. Royal Mail was also weaker following a downgrade to ‘market perform’ at Bernstein, while the stock was also in focus after the Court of Appeal rejected a union appeal against …

London’s FTSE 250 was higher by 0.26% at 21,008.02 in afternoon trade on Thursday, with shares of Virgin Money UK leading the index higher. The Clydesdale and Yorkshire Bank owner surged even as it said full-year losses had widened and scrapped its dividend. AJ Bell analyst Russ Mould said: “Expectations …

London’s FTSE 250 was down by 0.83% at 20,304.86 in afternoon trade on Thursday, with Royal Mail dragging the index lower. Shares in the mail carrier tanked after the company said its transformation programme was behind schedule, cut its interim dividend and warned of a “challenging” outlook for the letters …

London’s FTSE 250 was 0.19% lower at 20,270.22 in afternoon trade on Tuesday, with Apax Global leading the index downward. Engineering company Weir Group was in the red after analysts at JPMorgan cut their target price for the stock from 1,500.0p to 1,380.0p and reiterated their ‘neutral’ rating following a …

The peddler of car parts and bicycles has issued four profit warnings in two years, blaming the changeable weather along the way, while its shares have halved to 171p, giving it a value of £340m. Chambers noted that the main reason it had not been more of a “bloodbath” was …

Royal Mail staff voted overwhelmingly in favour of going on their first strike in a decade. Over 97% of votes by members of the Communication Workers Union backed a strike. The turnout was 76% (around 110,000 UK postal workers). The result was the largest yes vote for national industrial action …

Boris Johnson has personally apologised for embarrassing the Queen by requiring her to approve the unlawful suspension of the House of Commons. Royal sources have revealed that there was huge disquiet in the Queen’s household about Johnson’s decision to prorogue parliament for five weeks, even before the Supreme Court ruled …

London’s FTSE 250 was 0.15% higher at 20,083.88 in afternoon trade on Thursday, with IG Group leading the index higher. Shares of the online trading platform surged as it reported flat first-quarter revenues, saying that it performed well and backed its expectations for a return to revenue growth in FY20. …

Cash payments have dropped to third place behind debit and credit card spending in 2018 for the first time. The British Retail Consortium’s latest Payment Survey found that debit cards are still the most popular method of payment, accounting for almost three-in-five transactions. The use of cash payments has been …