Lufthansa Grounds Airlines

Monday, June 17: Banking stocks led the FTSE 100(+0.16%), and Europe higher at the open though negative sentiment directed towards Airlines restrained gains across the board ahead of Fed & BoE meetings in the week ahead. Babcock(+1.46%) was in the green this morning as it announced it received an offer from Serco in January to…

Majestic Wine Turnaround Remains On Ice

Thursday, 13 June: At the open this morning the FTSE 100 treaded water, with a host of factors for investors to vet early doors. Oil prices had shown a brief resurgence through the early hours but they remained relatively low, keeping the energy heavyweights subdued. Global trade fears also rumbled on, after yesterday’s announcement by…

No Tears For Boohoo

Wednesday, 12 June: Markets very much emulated the weather today, with the majority of major global bourses enduring a miserable day’s trade, losing ground and finishing with an equally bleak outlook for tomorrow. At the open the FTSE was held lower, not helped from a steadier pound from Tuesday’s better than expected data releases. This…

Quiz Don’t Have The Answers

Tuesday, 11 June: This morning there was an air of optimism for global markets, after broadly higher sessions on Wall St. to begin the week and Asia overnight, the majority of European indices followed. The FTSE broke 7,400 shortly after the open to hit month intraday-highs. Domestic shares were given further fuel from continued weakness…

Housebuilders Under Pressure

Friday, 7th June: The FTSE 100 had a strong start to the day as it opened 0.22% higher. Oil was largely to thank for this as a 1.6% increase of Brent crude to $62.68 pushed all the oil stocks to the top of the index. The blue-chip index continued to strengthen throughout the day, despite…

Charity Auction – Hospitality at The Northumberland Plate

We are holding a silent auction for our Hospitality Box at Newcastle Races on Northumberland Plate Day (29th June 2019) in aid of children’s charity Wellchild. The Northumberland Plate (commonly referred to as ‘The Pitman’s Derby) is Newcastle Racecourse’s most prestigious race and is part of a great day’s racing that always attracts a bumper…