Unilever Clean Up In Q1

Thursday, 18th April: Unilever topped the FTSE 100 today despite reporting a 1.6% decline in reported revenue, largely due to the sale of its spread business which took place in late 2017. The market seemed to dismiss this and instead focus on the underlying sales growth of 3.1% which was led by the home care…

Inflation Refuses To Budge In March

Wednesday, 17th April: A small sell-off in the mining sector on hump day meant the likes of Rio Tinto and BHP were stuck at the bottom end of the blue-chip index all day, both down more than 2.5% for the majority of the day. At the very bottom was distribution and outsourcing company Bunzl, following…

Athleisure Is Here For JD

Tuesday, 16th April: Today was a tough one for Galliford Try, as the construction company released an operational update which was accompanied by a profit warning and sent the shares diving to the bottom of the FTSE 250 on Tuesday. Pre-tax profit, including exceptional items, for the year ending 30th June 2019 will be between…

UK Profit Warnings Soar

Monday, 15th April: After having a fairly mellow week, the FTSE 100 started off a new one by opening slightly higher on Monday morning by 0.05%, fuelled by positive gains experienced in Asia. However, this didn’t last long as the blue-chip index was pressured into red by the mining stocks which sunk to the bottom…

Third Time Lucky? (Albeit With Changes)

Thursday, 28 March: If last night’s votes were meant to give clarity for Brexit, then they failed. The situation is as clear as mud today as MPs failed to vote for an alternative to PM May’s deal. This came after May put herself up as collateral, vowing to step-down if her vote was passed, but…

Goals Soccer Scores It’s Own VAT Goal

Wednesday, 27 March: It was another fundamental day in UK Parliament, as alternatives to PM May’s Brexit deal were discussed over the course of the afternoon. It comes in a day where some Brexiteers seemed to change their mind, and announce they would back May’s plan, but the DUP still seem to be against doing…