1684511564 Key market data as trading session comes to close As today’s trading session draws to a close, here’s a look at today’s key market data. Click through the buttons below to view the data. 1684510875 FTSE ends week at 7,756.87 The FTSE 100 finished the weak almost perfectly flat, …
Read More »Card Factory raises earnings outlook despite postal strikes blow to online sales
R etailer Card Factory has upgraded its full-year earnings outlook, despite revealing a hit to its online sales from recent postal strikes. The greetings card and gifts group said store sales rose 7.1% on a like-for-like basis in the 11 months to the end of December as shoppers returned to …
Read More »Moonpig cuts sales guidance as Royal Mail strikes impact deliveries
M oonpig has cut its sales forecast for the year after being hit by Royal Mail postal strikes and pressure on consumers. The greeting card and gifts business told shareholders “conditions have become progressively more challenging through October and November” due to the economic backdrop and industrial action. It said …
Read More »Jacob Rees-Mogg in line for payday from sale of investment firm
Daily Mail chief executive Paul Zwillenberg is stepping down from the company as proprietor Lord Rothermere shores up control after a take-private deal earlier this year. Mr Zwillenberg will step down as chief executive and board director of Daily Mail and General Trust (DMGT) at the end of September after …
Read More »Royal Mail faces national security investigation over raid by Czech billionaire
Royal Mail is facing a national security investigation as a billionaire investor known as the “Czech sphinx” prepares to take control of more than a quarter of the business. Kwasi Kwarteng, the Business Secretary, has told the company that he “reasonably expects” Daniel Kretinsky to increase his shareholding to more …
Read More »Britain faces four days without post as 115,000 Royal Mail workers strike
Britain’s postal service faces days of paralysis with letters and prescription medicines undelivered after 115,000 Royal Mail workers announced they will strike in just over a fortnight. The Communication Workers’ Union on Tuesday said members up and down the country will launch industrial action on August 26 and 31, as …
Read More »Five stocks to buy and profit from the summer of strikes
Mr Burgeman added: “Greggs has been another victim of the economic pressures this year. The bakery chain warned about staff shortages in October and the shares are down more than 40pc.” However, market consensus suggests that investors could still profit off all three stocks’ potential to bounce back when …
Read More »G7 poised to cap Russian gas prices as it turns the screws on Putin – live updates
It's rejecting Royal Mail's offer of a 2pc increase, describing their treatment as "despicable". If workers vote for the walkout, it could result … Source link
Read More »Director dealings: Senior board member buys £26k of Kingfisher shares
B&Q owner Kingfisher was on the list of buys on Wednesday, after its senior independent director spent more than £26k on shares. The FTSE 100 retailer said Catherine Bradley bought 10,000 shares in an open market transaction on Tuesday. Bradley paid 261.7p for each share, spending a total of £26,170 …
Read More »Five stocks that have ruled as long as the Queen – and are still worth owning
Only a handful of listed British companies have been trading for as long as the Queen has been on the throne. They have survived seven decades of economic turbulence, proving their long-term ability to generate cash, but does that make them good investments? Household favourites Tom Stevenson, of the investment …
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