The week kicked off with the announcement by pro-Brexit UK politician Nigel Farage that his party would not be standing against Conservative candidates in the upcoming elections. He however reiterated on Wednesday that his party would battle for every Labour Party seat. The announcement unsettled the markets a little bit, but did not have a…
Is Fevertree losing its fizz as its share price tumbles further? The premium drinks manufacturer seems to have fallen out of favour of late – its shares have tumbled 37 per cent in the past year, now standing at 1770p at the time of writing. So, can Fevertree bounce back and refresh its investors or…
Shares in National Grid sparked a recovery this week, with a 1 per cent boost after better than expected half year results. The UK’s power transmission operator reported a pre-tax profit for the half year to the end of September of £785m, which was an improvement on expectations. First half underlying operating profits for the…
Mobile phone operator Vodafone received a reasonable reception to its latest results – share prices were up 1.6% despite a 1.9 bn EUR half year loss. Vodafone took a $4 billion hit on its Indian joint venture after the country’s Supreme Court ruled against it in an ongoing battle about backdated levies. Investors look to…
The UK parliament has finally agreed on an election date: December 12. This news has been greeted with some enthusiasm by traders on the UK 100 . The index was also buoyed this week by optimism around stock markets all over the world, which responded to several positive news feeds from the US-China trade situation….
Investors in Trainline have had a glimpse of the track they’re on, as the train and bus ticket seller revealed its half year results. The results were the company’s first financial statement since its IPO in June, and they revealed a 29% rise in revenue to £129m. It wasn’t enough to negate the costs of…