This week saw some upside recovery on the UK 100 , largely as a result of market expectations that the stimulus packages being launched by central banks in response to the COVID-19 coronavirus outbreak would kick in soon. Market participants are watching the US, which now has the highest number of coronavirus cases worldwide, for…

Lockdowns and school closures are spelling both good news and bad news for educational publisher Pearsons. The global publishing firm’s stock fell by almost ten per cent on the back of a profit warning and the news that it will suspend its share buy-back programme and investigate cost cutting measures. It is likely to be…

Teen fashion favourite JD Sports saw its share price climb seven per cent as it delayed the publishing of its full-year results till it had clarity on the impact of the coronavirus epidemic. The sports retailer also dropped its guidance for the new financial year as all its stores in the UK, US and Europe…

Bike and auto giant, Halfords, saw its share price jump 28 per cent this week, despite suspending its dividend to save cash. The chain, which has 446 stores and 369 garages, has been deemed ‘essential services’ by the Government and it is entitled to remain open throughout the current pandemic. While that is good news,…

The decline on the UK 100 continued for the 4th week in a row, officially sending the index into a bear market correction. This week saw some key moves by central banks across the world, with the Bank of England delivering yet another 15bps rate cut to send interest rates in the UK to a…

Supermarket giant, Morrisons has seen a share price surge after it announced a hiring spree to cope with the demands of coronavirus. Its shares jumped ten per cent, now down slightly to 190.55p at the time of writing, as it revealed that sales were now five per cent higher than this time a year ago….