The aftermath of the General Election has heralded a new dawn for housebuilders with most enjoying a share price rise now that some of the recent political uncertainty has dispersed. Taylor Wimpey has seen its share price rise more than 15 per cent since election day, now standing at 211.20p at the time of writing,…
Fashion favourite, Boohoo, has seen its shares rise five per cent this week, taking the online brand’s value higher than high street stalwart Marks and Spencer. Boohoo’s share price reached a record high, now standing at 324.50p, after the fashion forward firm reported a profit upgrade. The clothing retailer said it expects full year revenues…
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…