The biggest news out of the UK this morning is the resounding election victory of the UK PM Boris Johnson and his Conservative Party, which has guaranteed the Tory party a majority in the UK Parliament and a straight path towards an orderly Brexit. The UK markets are loving this too, as the UK 100…
Fashion brand, Ted Baker, saw its woes deepen as two executives quit this week, sending share prices plummeting by 35 per cent. Chief Executive, Lindsey Page and Executive Chairman David Bernstein both left the beleaguered brand, and this was followed by a string of profit warnings following a dismal Black Friday. Ted Baker’s shares now…
Teen favourite JD Sports had a bad innings this week after majority owner, Pentland, offloaded 24 million shares, causing prices to slump by nine per cent. The shares are still up over 100 per cent for the year to date though, standing at 741.20p, leading some analysts to suggest that the current slum could be…
Online estate agent, Purplebricks saw its share price shoot up and then down again as investors mulled over its latest set of interim results. Now standing at 105p at the time of writing, the shares are up 0.77p but still down from its 157p high this time last year. Its results revealed UK instructions had…
The UK 100 has had a bad week leading up to the UK elections on December 12. A lot of this week’s underwhelming performance of the UK 100 could be ascribed to the risk-off sentiment assumed by global stock and commodity markets on Monday and Tuesday. This was after a dampening of the mood around…
Homeware retailer, Dunelm, has defied the Christmas retail gloom, announcing it expects to exceed its full year expectations after a positive customer response to a new website. The news sent share prices soaring by 19 per cent, to 995p at the time of writing, the highest it has been since March 2016. Along with the…