The UK 100 has had a slow start to 2019 and is not much changed from where it signed off in 2019. The latest news from the Brexit angle is that the UK Parliament has as expected, approved the Brexit Withdrawal Agreement Bill, opening the gate to a January 31st exit from the EU and…
Bakery chain, Greggs, saw its share price fall 1.75% despite cheery festive sales figures which resulted in a profit upgrade. Last year was a stellar year for the Newcastle-founded chain – in the fourth quarter of 2019, like-for-like sales grew by 8.7%, with demand intensified by new vegan products and successful marketing campaigns. Gregg’s share…
Festive cheer was in short supply for discount greeting card chain, Card Factory, as its shares slumped by over 25 per cent, to 93.98p, after poor Christmas sales. The desultory sales figures led Card Factory to cut its profit expectations for the full year, from forecasts of around £87 million to between £81 million and…
It’s time to see how the supermarkets have fared over the festive period – has food and drink flown off the shelves or has economic and political uncertainty dimmed the Christmas spirit? Tesco has fared particularly well, reporting its ‘best day ever’ for food sales over the Christmas period. Its shares were up 1.5%, to…
The UK 100 has had probably the best week in nearly 4 months as it surged beyond the 7584 price level; the highest it has been since the end of July. This is coming from optimism of the new Brexit plan that was outlined by the UK PM Boris Johnson and the Queen of England….
Beauty and cleaning brand giant, Unilever saw its share price tumble by more than six per cent after it revealed a slowdown in sales growth this week. The group, which manufactures a diverse range of products from Dove soap to Magnum ice creams, announced it expects underlying sales growth for the full year and the…