By JON HOPKINS Updated: 21:58 GMT, 22 November 2024 The High Street may have suffered an uncomfortable start to the Christmas quarter but DFS revealed it was sitting pretty. The furniture retailer bucked the trend by signalling that recent better trading has continued into its latest financial year. In a brief update, the sofa firm … Read more
By JON HOPKINS Updated: 10:27 GMT, 9 November 2024 Housebuilders have been basking in a positive light since the Bank of England started cutting interest rates and the Labour government pledged to boost spending on housing. However, conditions in the sector seem to be more uncertain for some, with a second profit warning in a … Read more
By John Abiona Updated: 21:59 BST, 20 September 2024 Burberry’s woes showed little signs of easing as concerns mounted over its status as a luxury brand. Analysts at Jefferies said the company’s commercial direction remains unclear just days after it unveiled its latest collection at London Fashion Week. The broker added that Burberry received mixed … Read more
By John Abiona Updated: 10:39 BST, 6 July 2024 Shares in the biggest housebuilders jumped amid hopes Labour’s plan to ramp up construction on the green belt will deliver a boost to the industry. The party’s landslide election victory has cleared the way for a raft of changes that will make life easier for developers, … Read more
By John Abiona Updated: 11:29 BST, 6 April 2024 Global stock markets came under pressure yesterday as bumper US jobs figures dented hopes for early interest rate cuts. Non-farm payrolls – a key measure of the number of Americans in work – rose by 303,000 in March. That smashed the 200,000 increase economists expected. The … Read more
