Marks & Spencer profits to slide as food sales fall
Marks & Spencer is set to reveal a decline in full-year profits, as it was held back by falling food sales in the latest quarter.
City
FTSE 100 rises as global trade sentiment improves
The FTSE 100 jumped higher on the back of improved global sentiment, as trade tensions between the US and China appeared to soften.
Nationwide wins lion’s share of business banking award
Nationwide Building Society has won a £50 million share of a fund aimed at boosting competition in the business banking sector.
FTSE 100 hits two-month low amid US-China tensions
The FTSE 100 has slumped to a two-month low after China announced tariffs on the US as tensions between the two global powers continue.
E.On UK earnings dragged down by energy price cap
Energy giant E.On’s UK earnings have dived after it was dragged down by the impact of the energy price cap.
Hammond warns of ‘dangerous’ escalation of US-China trade war
Britain has urged the United States and China to step back from a “full-blown trade war” as Beijing threatened retaliation for the latest round of US tariffs.
BlueCrest’s Michael Platt named richest hedgie for fifth consecutive year
Star fund manager Michael Platt has been named the City’s richest hedgie for the fifth year in a row, after his wealth surged by £700 million.
Housebuilder Barratt to show strength as winning streak continues
Barratt Developments will report to the market this week with the housebuilder expected to continue its strong run of form and shrug off Brexit pressures hitting the wider property sector.
Housebuilder Barratt to show strength as winning streak continues
Barratt Developments will report to the market this week with the housebuilder expected to continue its strong run of form and shrug off Brexit pressures hitting the wider property sector.
Housebuilder Barratt to show strength as winning streak continues
Barratt Developments will report to the market next week with the housebuilder expected to continue its strong run of form and shrug off Brexit pressures hitting the wider property sector.
Sir Philip Green-backed MySale sells Cocosa to BrandAlley for £1.5m
MySale, the online group backed by Sir Philip Green and Mike Ashley, has sold British website Cocosa.co.uk in a £1.5 million deal to fashion retailer BrandAlley.
Sir Martin Sorrell’s new venture boosted by client wins
Sir Martin Sorrell’s new marketing communications venture has posted strong revenue and profit growth for the first quarter, helped by a string of new big-hitting clients.
Shaftesbury’s biggest shareholder threatens legal action
The largest shareholder of property developer Shaftesbury has threatened to take the company to court over an ongoing dispute.
FTSE 100 ends lower as Premier Inn firm Whitbread dives
The FTSE 100 ended in negative territory on Tuesday, dragged down by a poor showing from hotels group Whitbread.
PayPal’s £1.7bn takeover of iZettle given provisional green light
PayPal’s 2.2 billion US dollar (£1.7 billion) takeover of payments firm iZettle has been given provisional clearance by Britain’s competition watchdog after an in-depth probe.
Bumper Easter at Greene King as chief executive departs
Greene King has reported strong annual sales growth as the pub company bids adieu to its longstanding chief executive Rooney Anand.
Standard Chartered announces milestone share buyback
Standard Chartered has unveiled plans for a one billion US dollar (£771 million) share buyback in the first such move for at least 20 years, as it posted a 10% rise in quarterly profits.
Ladbrokes owner calls for ban on gambling adverts and shirt sponsorship
The owner of Britain’s biggest gambling firm Ladbrokes has called for a ban for all betting adverts during TV sports broadcasts.
Snapchat’s improved Android app helps boost user numbers
Snapchat has managed to make a small increase on the size of its user base, reporting narrowed net losses as the company edges a step closer to achieving profitability.
Twitter reports increase in revenue but fall in monthly users
Twitter has reported growth in revenue but saw monthly active users drop by six million on this time last year, the firm’s latest financial results show.
Competition watchdog calls for shake-up of audit market
The competition watchdog has called for a major shake-up at Britain’s big four auditing firms, but stopped short of recommending they be broken up.
Elder to raise cash as app looks to crack care at home market
Elder, an app that connects vulnerable elderly people with healthcare professionals, is seeking its next round of funding as the firm looks to scale up and reach £1 billion of sales.
Royal Mail delivers British Airways veteran as new chairman
Royal Mail has appointed former British Airways boss Keith Williams to be its new permanent chairman as the group grapples with the fast-changing delivery market.
UBS fined £27.6m for misreporting transactions over a decade
The City watchdog has fined UBS £27.6 million for failing to report tens of millions of transactions properly over nearly a decade.
Brexit delay will keep stranglehold on UK economy, warns former Bank policymaker
Delaying Brexit will consign Britain’s already weak economy to “sluggish” growth and risks a further manufacturing exodus until a deal is struck, a former Bank of England rate-setter has warned.
Jobs at risk as Sir Philip Green prepares restructuring plan for retail empire
Sir Philip Green is preparing to launch a dramatic restructuring plan for his retail empire, which could come at the cost of hundreds of jobs.
Third straight gain for US markets as healthcare firms lead rally
Healthcare and technology companies powered stocks broadly higher on Wall Street on Wednesday, giving the market its third straight gain.
Accountants to have new regulator as part of reforms
The accountancy watchdog is to be swept aside and replaced with an independent statutory regulator as part of a shake-up of the scandal-hit industry.
Customer satisfaction with energy companies falls for second year running
Overall satisfaction with energy suppliers has fallen for the second year running after customers were battered by price rises and nine small firms collapsed, according to a survey.
Morrisons to unveil profits hike despite slowing retail sales growth
Supermarket Morrisons is expected to ring up a hike in annual profits on Wednesday as its wholesale arm helps it weather the impact of a tougher consumer backdrop.