Supermarket stalwart Sainsbury’s saw its stock hit the reduced section this week after unveiling desultory results and a warning of a possible £500m hit on profits. Shares in the supermarket giant fell almost three per cent in the wake of its full year results, now standing at 198.10p at the time of writing. While the…

Budget pub chain, JD Wetherspoons revealed it expects to be pouring pints again by the end of June, and that it has raised £141m to boost its liquidity. Share prices were up by nine per cent at one point this week, now standing at 974.22 at the time of writing. The funds have been raised…

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. Taylor Wimpey has taken a…