FTSE lower ahead of crunch Fed meeting, Joules and Aston Martin change CEOs, everything’s going wrong for Boohoo, and Wetherspoons faces costs pressures

“The FTSE 100 was lower on Wednesday as investors anticipated the latest decision on interest rates from the US Federal Reserve – where a...

Wed, 04/05/2022 - 10:27


Direct Line battles claim inflation and price reforms in first quarter

Direct Line Insurance Group PLC said on Wednesday the year-on-year decline in trading during the first quarter was ‘broadly in line with expectations’.

The...

Wed, 04/05/2022 - 10:26


UK mortgage approvals edge slightly lower in March - BoE

UK mortgage approvals were fractionally lower in March, figures from the Bank of England showed on Wednesday.

Approvals for house purchases, an indicator of...

Wed, 04/05/2022 - 10:15


Wetherspoon posts lower quarterly sales due to Covid restrictions

Pub chain JD Wetherspoon PLC on Wednesday posted lower sales in the third quarter and also warned of ‘considerable’ cost pressures facing the company....

Wed, 04/05/2022 - 10:09


TOP NEWS: Aston Martin shares rise on new CEO; revenue growth

Aston Martin Lagonda Global Holdings PLC on Wednesday reported a first-quarter performance in line with expectations, with growth in revenue on strong pricing but a...

Wed, 04/05/2022 - 09:52


TOP NEWS: Flutter Entertainment grows US revenue in first quarter

Flutter Entertainment PLC said on Wednesday it grew revenue in the first quarter, led by a strong performance in the US market which offset a...

Wed, 04/05/2022 - 09:45


LONDON BROKER RATINGS: Liberum cuts boohoo to 'hold' from 'buy'

The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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FTSE 100

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UBS raises Standard Chartered price target to 820 (690) pence...

Wed, 04/05/2022 - 09:44


LONDON MARKET OPEN: Flutter and Aston Martin lead indices on updates

Company updates dominated investor attention early Wednesday, particularly a sudden change of leadership at Aston Martin, but market focus later will switch back to central...

Wed, 04/05/2022 - 09:04


LONDON BRIEFING: JD Wetherspoon blames lockdowns for inflation crisis

JD Wetherspoon on Wednesday said sales improved steadily since the ending of all Covid restrictions, but the pub chain said virus woes have been replaced...

Wed, 04/05/2022 - 08:23


PRESS: Aston Martin to replace CEO with former Ferarri chief - FT

Aston Martin Lagonda Global Holdings PLC on Wednesday will announce the immediate departure of its chief executive, the Financial Times reported on Tuesday, citing ‘two...

Wed, 04/05/2022 - 06:29


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