Festive cheer was in short supply for discount greeting card chain, Card Factory, as its shares slumped by over 25 per cent, to 93.98p, after poor Christmas sales. The desultory sales figures led Card Factory to cut its profit expectations for the full year, from forecasts of around £87 million to between £81 million and…
It’s time to see how the supermarkets have fared over the festive period – has food and drink flown off the shelves or has economic and political uncertainty dimmed the Christmas spirit? Tesco has fared particularly well, reporting its ‘best day ever’ for food sales over the Christmas period. Its shares were up 1.5%, to…
The UK 100 has had probably the best week in nearly 4 months as it surged beyond the 7584 price level; the highest it has been since the end of July. This is coming from optimism of the new Brexit plan that was outlined by the UK PM Boris Johnson and the Queen of England….
Beauty and cleaning brand giant, Unilever saw its share price tumble by more than six per cent after it revealed a slowdown in sales growth this week. The group, which manufactures a diverse range of products from Dove soap to Magnum ice creams, announced it expects underlying sales growth for the full year and the…
The food fight between Takeaway and Prosus looks to be gathering pace after the latest bids for takeaway chain Just Eat. Prosus upped its bid from 740p per share to 800p and then Dutch rival Takeaway.com raised its offer from 705p to 900p per share. If the revised Takeaway.com offer is successful, it would leave…
In the wake of last week’s election result, the spectre of a no-deal Brexit is back, casting a shadow over the bank’s share prices. RBS shares fell 2.8 per cent this week, now standing at 247.40p at the time of writing but Lloyds was the biggest faller, dipping 4.9 per cent to 63.92p at the…