JD Sports shares crashed after reporting disappointing peak-season sales By Joanne Hart Updated: 12:20 GMT, 7 January 2024 Star quality: Rita Ora poses for JD Sports My son is 23. His footwear of choice? Trainers, of course. He has several pairs in various styles and colours for different occasions. His mates are the same. And … Read more
By Francesca Washtell Updated: 11:04 GMT, 7 January 2024 A motor mechanic who rose to become one of the richest car salesmen in the UK made another £32 million last year through his Stoneacre Motor Group. Richard Teatum, 66, set up the firm in 1994 and built it into one of the UK’s biggest motor … Read more
By Live Commentary Updated: 11:00 GMT, 4 January 2024 The FTSE 100 is up 0.1 per cent in early trading. Among the companies with reports and trading updates today are Next, JD Sports and Topps Tiles. Read the Thursday 4 January Business Live blog below. > If you are using our app or a third-party … Read more
By Live Commentary Updated: 10:50 GMT, 2 January 2024 The FTSE 100 is down 0.1 per cent in early trading. Among the companies with reports and trading updates today are Aldi UK, Lidl GB and Reckitt Benckiser. Read the Tuesday 2 January Business Live blog below. > If you are using our app or a … Read more
By Francesca Washtell Updated: 12:38 GMT, 31 December 2023 Oilfield services group Petrofac is the most shorted company on the London Stock Exchange despite bagging a crucial £1.1 billion contract. Hedge funds – which will make money if the company’s share price falls – have shorted almost 10 per cent of Petrofac’s stock. The company … Read more
Taxing times: Chancellor Jeremy Hunt Budgets in Britain are like London buses. Before one financial statement has been digested, another comes along. The ink is barely dry on the two percentage point reduction in employee National Insurance – due to come into effect tomorrow – that was unfurled on November 22. Yet Chancellor Jeremy Hunt … Read more
By Live Commentary Updated: 12:00 GMT, 29 December 2023 The FTSE 100 is up 0.2 per cent in afternoon trading. Read the Friday 29 December Business Live blog below. > If you are using our app or a third-party site click here to read Business Live Norway’s biggest pension fund boycotts Gulf firms over human … Read more
British defence giant BAE Systems was one of the biggest FTSE 100 risers yesterday as the industry was boosted by geopolitical tensions. On a quiet day for the London market, BAE’s share price rose 0.6 per cent, or 6.5p, to 1,102p after a report revealed its order book had jumped around £7billion in a year. … Read more
By Francesca Washtell Updated: 17:06 GMT, 28 December 2023 Anglo American is eyeing the sale of a 49 per cent stake in a huge fertiliser mine being built under the North York Moors National Park. The FTSE 100 company bought the Woodsmith project from its former owner Sirius Minerals in 2020 for £405million. It has … Read more
Hotels, catering and manufacturing firms likely to be hit hard, PwC claims By Jane Denton Updated: 10:31 GMT, 28 December 2023 Nearly 30,000 businesses will go insolvent next year, with smaller firms comprising the lion’s share, new findings warn. Experts at PwC claim there will be a ‘significant’ rise in businesses collapsing, with companies in … Read more
