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…
British Gas owner Centrica has reported its worst results since 2015, resulting in a massive 17 per cent share price slide. It’s full year results for 2019 were a big blow for investors, showing a massive 35 per cent drop in adjusted operating profit to £901m, causing share prices to dip to a low of…