The situation on the UK 100 this week can best be described as a bloodbath. The week started with news that the number of new coronavirus (COVID-19) cases had exploded in Italy, South Korea, Iran and Afghanistan, sending shockwaves through the global stock markets. What has followed from Monday is a relentless selloff in almost…
Bookie, William Hill, saw its share price dip by 2.5 per cent after posting disappointing results that showed full-year net revenues were down two per cent year on year. The bookmakers reported full year net revenues of £1.6 bn and a 37 per cent fall in underlying operating profits to £137m. Its share price now…
The world’s biggest spirit maker, Diageo, is in desperate need of a tonic as it revealed it could take a hit of up to £200 million due to the coronavirus epidemic. The drinks giant, which makes a host of well-loved brands, from Johnnie Walker to Smirnoff, said the epidemic will reduce its net sales by…
Topps Tiles share price has dropped through the floor this week, plunging to an all-time low after the firm issued a profit warning. The tiling giant lost 20 per cent from its share price, which is now standing at 56.96p, following the news that its profits were likely to be at the bottom end of…
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