Paddling Pools Sell Out At B&Q

Thursday, 16th August: The market continued to be unforgiving on Thursday morning after Kingfisher released their second quarter update. Sales rose by 1.6 per cent in the three-month period, which is quite the improvement when compared to the 4.0 per cent decline in the first quarter. However, the market instead focused on the lower margins…

Houses In London Face Largest Price Decline In Almost A Decade

Wednesday, 15th August: Data on Wednesday revealed the first occurrence in 2018 of an increase in inflation of 2.5 per cent, but also a slower paced movement in house prices, and prices in London fell at their fastest pace since 2009. House prices across the UK rose by 3.0 per cent in June, compared to…

Homebase Get Ready To Close 42 Stores

Tuesday, 14th August: To avoid being added to the worrying list of British store groups which have went into administration, Homebase owner Hilco Capital revealed on Tuesday their plans to close 42 stores which will consequently put 1,500 jobs at risk across Britain and Ireland, which will commence during the later part of 2018 and…

Sheilas’ Wheels Parent Company Could Be Worth How Much?!

Monday, 13th August: Following the Turkish lira dropping to an all-time low on Friday and President Trumps decision to double tariffs on aluminium and steel imported from Turkey, their currency crisis continued to weigh on markets on Monday morning, sending the FTSE 100 lower at the open of the start of a new week. However,…

House of Ashley

Friday, July 10: markets turned risk averse to end the week, as the FTSE closed 0.97% lower as further trade woes and worries surrounding Turkey weighed on investors. European equities were all similar and Wall Street has opened their final session of the week very much in negative territory also. Losses on the day were…

Card Factory Delivers more Disappointment

Thursday, July 9: As concerns surrounding US and Chinese trade wars lingered as ever, there was no huge market movers today. Across Europe was generally positive, with Germany’s DAX closing a quarter percent higher, while France’s CAC 40 closed flat. In Asia this morning the Hang Seng managed to deliver yet again strong gains, finishing…