MARKET REPORT: Aston Martin shaken and stirred over finance fears sending shares in the luxury car maker crashing to a record low By John Abiona For The Daily Mail Published: 17:12 EDT, 30 June 2022 | Updated: 20:19 EDT, 30 June 2022 Shares in Aston Martin crashed to a record …
Read More »MARKET REPORT: Chips are down for Rank as top casinos feel pain
Shares in casino and bingo firm Rank plunged after it warned of rising costs and slow recovery. The FTSE 250 group, which owns the Grosvenor Casinos chain, lamented the lack of wealthy foreign customers returning to its London venues following Covid. The turnout in its Grosvenor casinos had improved since …
Read More »MARKET REPORT: Cheers Ma’am! Platinum Jubilee boosts pub sales 20%
Two of Britain’s top hospitality groups are celebrating the Platinum Jubilee celebrations. The City Pub Group, which runs 42 pubs in southern England and Wales, hailed ‘particularly strong’ sales last week as the bank holiday pushed like-for-like trade up by more than 20 per cent against 2019. It said: ‘Whilst …
Read More »Royal Mail boss Simon Thompson reinventing post for internet age
Postboxes up and down the country are sporting crocheted ‘toppers’ of Queens, crowns and corgis to celebrate the Jubilee. But Royal Mail, now a stock market company with thousands of small investors, traces its history back to a much earlier Monarch, Henry VIII, who appointed Sir Brian Tuke as the first …
Read More »Royal Mail probed by Ofcom over post delivery delays
Wondering where your post has gone? Royal Mail probed by regulator Ofcom over delivery targets failures – as Unite union threatens strike action Ofcom has launched an investigation into Royal Mail post delivery delays Ofcom is gathering evidence to determine the significance of any breaches Unite union has warned of potential …
Read More »Royal Mail’s masterplan for Sunday parcel boom
Royal Mail’s masterplan for Sunday parcel boom: Bosses set to ramp up weekend deliveries in bid to dominate online shopping battleground Bosses have drawn up ‘road map’ that could build its Sunday proposition tenfold Group hails plan a ‘revolution’ similar to the end of Sunday trading restrictions It would mark …
Read More »MARKET REPORT: Windfall tax plan gives shares an electric shock
MARKET REPORT: Energy giants get an electric shock on reports that the Chancellor is drawing up plans for a windfall tax By Oliver Hail, Proactive Investors, For The Daily Mail Published: 18:03 EDT, 24 May 2022 | Updated: 18:54 EDT, 24 May 2022 It was an uncomfortable day for investors …
Read More »Royal Mail shares sink again as broker issues ‘sell’ downgrade
Royal Mail shares sink again as broker issues ‘sell’ downgrade amid growing cost pressures and weak forecasts Peel Hunt has slashed its target price for Royal Mail from 500p per share to 307p Royal Mail has raised the price of letters and parcels in response to rising costs Shares in …
Read More »MARKET REPORT: Moonpig’s Smartbox deal proves a gift for investors
Shares in Moonpig jumped more than 11 per cent after the City gave a thumbs-up to its £124million purchase of gift group Smartbox. The online greetings card specialist said the deal will boost revenues to £350million next year, while enhancing profit margins and so adding to earnings per share. Smartbox’s …
Read More »Marshall Wace emerges with a £100m bet against Tesco
Mayfair-based hedge fund Marshall Wace emerges with a £100m bet against Tesco, Britain’s biggest supermarket By Francesca Washtell, Financial Mail On Sunday Published: 16:50 EDT, 21 May 2022 | Updated: 17:43 EDT, 21 May 2022 Mayfair-based hedge fund Marshall Wace has emerged with a £100million bet against Tesco, Britain’s biggest …
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