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…
Author: Ekra Mir
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,…
Dart Group Soar Into The Sky
Thursday, 12th July: The travel experts share price reached an all-time high on Thursday morning after they released their results for the fiscal year. The results arrived bearing good news of annual profit exceeding market forecasts. Foreign exchange gains and a jump in the number of people going on holidays resulted in almost double pre-tax…
Only Trump Could Upset Two Continents In One Day
Wednesday, 11th July: the blue-chip index was representing England on Wednesday morning as they were almost all dressed in red. The only four in blue and at the top during early hours of trading were; Barratt Developments, Next, Coca-Cola and Unilever. During the first part of this week thus far, the markets have been distracted…