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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 …

London’s FTSE 250 was down 0.82% at 19,624.51 in afternoon trading on Wednesday, with Metro Bank leading the index higher. Aston Martin Lagonda also racked up solid gains, following other luxury goods stocks higher on investor optimism that a breakthrough in Hong Kong will ensure continued demand from Chinese consumers. …

London’s FTSE 250 was down 0.07% at 19,193.47 in afternoon trade on Thursday, with PureTech Health leading the index lower. John Laing was also under the cosh as it posted a slump in half-year pre-tax profit and reported £66m of writedowns on renewable energy assets in Australia due to industry …

London’s FTSE 250 was down 0.14% at 19,071.83 in afternoon trade on Tuesday, with Royal Mail leading the index lower. Shares in the postal service outfit were under the cosh as analysts at JPMorgan Cazenove said there is “potential for material near-term volatility and uncertainty” in the eventual outcome of …

Analysts at Canaccord Genuity raised their target price on British landlord Greene King on Tuesday, but lowered their recommendation for the firm’s shares from ‘buy’ to ‘hold’ following the previous session’s accepted offer from CK Noble. Shares of Greene King surged on Monday after the pub group agreed to be …

Royal Mail shares were under the cosh on Tuesday as JPMorgan Cazenove said there is “potential for material near-term volatility and uncertainty” in the eventual outcome of the company’s dispute with the Communications Workers Union (CWU). “Since RMG’s May 2019 FY results and strategy update we note a material and …

London’s FTSE 250 was down 0.36% at 19,596.33 in afternoon trade on Thursday, as Amigo Holdings led the index lower. Meanwhile, Intu dived lower for the second session in a row as analysts at Goldman Sachs slashed their price target for the stock from 84p to 40p the day after …

Royal Mail said on Thursday that its first-quarter performance was in line with its expectations as it backed its outlook for 2019-20. In a brief statement ahead of its annual general meeting, the company said: “All other targets and ambitions as set out in our financial results for the full …

London’s FTSE 250 climbed 0.12% higher to 19,284.44 in afternoon trade on Thursday, with shares of Royal Mail leading the way higher. Stock in Greene King fizzed higher as the pub operator’s full-year profits came in ahead of expectations, although revenue was a small miss and the current year has …