Price comparison site Moneysupermarket.com has topped the table for investors after an 11 per cent price share surge following robust full year results. The site, which compares and switches financial products for consumers, posted results in line with market expectations, reporting a nine per cent increase in group revenue from £355.6m to £388.4m. The stock,…
A revival in the UK housing market, and the news that the HS2 railway line, will go ahead is boosting share prices for building companies. Britain’s biggest builder’s merchants, Travis Perkins had its rating upgraded from analysts Citi from ‘neutral’ to ‘buy this week’. Its share price had risen just over one per cent yesterday,…
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This week has been a topsy-turvy week for most financial markets. For the UK 100 , this was a week of muted activity. Once more, coronavirus-related headlines as well as headlines from the Brexit trade negotiations dominated headlines for the UK 100 . The week started on a bad note for the British Pound, as…
Holiday firm, TUI, is flying after an upbeat trading update which saw its shares rise by 11.5 per cent to 902.40p at the time of writing. Its first quarter results revealed a 7.7 per cent jump in turnover to 3.85 bn EUR for the three months to 31 December. Although the tour operator reported below…