The UK 100 is slightly lower this week, after the sudden collapse of crude oil prices on the WTI benchmark pressurised stock markets around the world and brought on severe risk aversion. However, the gradual recovery of crude oil prices as well as a Claimant Count change that was actually not as bad as analysts…

Primark owner, Associated British Foods, saw its share price reduced by as much as six per cent this week, as coronavirus continued to hit its budget fashion brand hard. Shares in AB Foods are now standing at 1,879p at the time of writing and the firm has announced it will cancel its interim dividend. In…

Premium mixer firm Fevertree’s shares jumped 13 per cent this week as it revealed that lockdown drinking has been just the tonic for its sales. The group revealed that the in-store arm of its business remained ‘robust’ despite the decline in bar and restaurant sales, which makes up about 45 per cent of its business….

Housebuilder, Taylor Wimpey’s share price built up again, rising almost twelve per cent after it announced it would re-open all its sites in May. The new-build specialist revealed that it planned to restart work in ‘a phased process’ from May 4 with some subcontractors returning to site a week later. As the construction industry begins…

After a lackluster to the week which was a day short due to the Easter weekend holiday, the UK 100 was able to stage further recovery on Thursday, as signs that the US would soon reopen for business lifted the mood of investors across the Atlantic. Today’s price action is also seeing a bullish spurt,…

The hospitality industry has taken a big hit as pubs and restaurants have been forced to close for weeks, with no immediate end to lockdown in sight. Mitchells & Butler, which owns Harvester and Toby Carvery, has been one casualty with share prices sliding 7.5 per cent this week. Last month, the pub chain said…