British Airways owner, IAG, has threatened it could go out of business because of the coronavirus crisis as its shares have plummeted more than 60 per cent in the past month, now standing at 195p at the time of writing. Grounded flights and travel bans have hit the airline industry hard – the International Air…
High street stalwart Next saw its share price rise nine per cent in the wake of strong full-year results and confident pragmatism about the outcome of the current pandemic. The retailer revealed that its full price sales for the year ending Jan 2020 had increased four per cent, and online shopping was going strong with…
The price activity on the UK 100 this week marks the steepest one-week decline in more than a decade after two events created a global market shock. The world woke up to the news of the collapse of the Saudi-Russia alliance, effectively marking the end of OOEC + as a group after the core OPEC…
Oil prices have taken a hammering this week, sending BP’s share price into freefall – down almost 20 per cent at one point, now back up to 283.68p at the time of writing. The threat of an oil price war is looming ever closer after the Saudi energy ministry requested that Saudi Aramco increase its…
Construction giant, Balfour Beatty received a budget boost when the chancellor revealed an increase in infrastructure spending, with shares raising as much as 19 per cent this week. Most of that gain has been wiped out now, in the latest bout of coronavirus fears and share prices are standing at 246.11p, so could Balfour Beatty…
Despite strong financial results, Computacenter has suffered from this week’s UK Index bloodbath with a 12 per cent share price fall after it posted a note about the potential impact of coronavirus. The computer services group posted great results for 2019 – pre-tax profit jumped by 30.4 per cent to £141m and revenue increased by…