UK retail sales fall by a record 5.1% in March

UK retail sales slumped 5.1% in March, the largest monthly drop on record, according to the Office for National Statistics.

The fall was deeper than...

Fri, 24/04/2020 - 08:36


FTSE opens 1.3% lower as Covid-19 treatment disappoints; retail sales slump

UK stocks opened substantially lower on Friday after Gilead Sciences revealed that a possible treatment for Covid-19 didn't improve patients' conditins.

Local stocks were also...

Fri, 24/04/2020 - 08:34


Broker Forecast - JP Morgan Cazenove issues a broker note on Close Brothers Group PLC

JP Morgan Cazenove today reaffirms its neutral investment rating on Close Brothers Group PLC (LON:CBG) and cut its price target to 1170p (from 1550p).

Broker...

Fri, 24/04/2020 - 08:30


Fastjet agrees to sell aircraft for $2.2m to Solenta Aviation to reduce debt shortfall

Fastjet, the low-cost African airline, said it had agreed to sell an Embraer 145 aircraft for US$2.2m to Solenta Aviation to reduce the debt shortfall...

Fri, 24/04/2020 - 08:30


Hastings Gary Hoffman to step down as chairman

Insurer Hastings said Gary Hoffman would be stepping down as non-executive chairman at the next general meeting on 21 May.

Tom Colraine, currently the company's...

Fri, 24/04/2020 - 08:21


Broker Forecast - JP Morgan Cazenove issues a broker note on

JP Morgan Cazenove today reaffirms its overweight investment rating on (LON:JET) and raised its price target to 9847p (from 7812p).

Broker Forecasts data provided by...

Fri, 24/04/2020 - 08:20


FirstGroup taps government support amid decline in bus, rail businesses

Bus and rail operator FirstGroup said it had seen a significant decline in demand across its rail and bus businesses in the UK and North...

Fri, 24/04/2020 - 08:13


Broker Forecast - Goldman Sachs issues a broker note on ITV PLC

Goldman Sachs today reaffirms its neutral investment rating on ITV PLC (LON:ITV) and cut its price target to 88p (from 98p).

Broker Forecasts data provided...

Fri, 24/04/2020 - 08:00


SpaceandPeople progresses talks to secure £1m of debt funding

Retail space manager SpaceandPeople said it was progressing discussions to source an additional £1m of lending from its principal banker.

The company reiterated that its...

Fri, 24/04/2020 - 07:58


Plant Health Care posts annual loss on lower sales, margins

Pesticides company Plant Health Care posted a full-year loss, as its sales fell and margins were squeezed by US trade tariffs imposed on China.

Pre-tax...

Fri, 24/04/2020 - 07:52


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