Full List Of Stories
Superdry planning potential emergency sale process - report
Superdry is reportedly preparing to run an emergency four-week sale process if creditors block its founder's plans to inject up to £10m of his own money into the fashion chain in a bid to stave off insolvency.
Manufacturing output volumes rise for first time since Nov 2022 - CBI
Output volumes in the UK manufacturing sector rose in the three months to May for the first time since November 2022, according to the latest Industrial Trends survey from the Confederation of British Industry.
FTSE 250 movers: Big Yellow gains after results; Pennon slides
London’s FTSE 250 was down 0. 6% at 20,747. 50 in afternoon trade on Tuesday.
FTSE 100 movers: AstraZeneca rallies; Severn Trent in the red
London’s FTSE 100 was down 0. 2% at 8,411. 78 in afternoon trade on Tuesday.
Barclays upgrades Wise to ‘overweight’
Barclays upgraded Wise on Tuesday to ‘overweight’ from ‘equalweight’ and lifted the price target to 1,000p from 800p.
Topps Tiles swings to interim loss in challenging markets
Topps Tiles said on Tuesday that it swung to an interim pre-tax loss as revenue fell in challenging trading conditions.
London midday: Stocks stay down as investors eye more Fed speeches
London stocks were still in the red by midday on Tuesday as investors mulled the latest comments from US Federal Reserve officials and looked ahead to more speeches later in the day.
Shoe Zone cuts full-year profit outlook, shares slide
Shoe Zone cut its full-year pre-tax profit forecast on Tuesday due to higher wage bills and supply chain disruptions, as it reported flat interim profits.
UK grocery price inflation eases to lowest since October 2021 - Kantar
UK grocery price inflation fell for the fifteenth month in a row in the four weeks to 12 May, to 2. 4%, its lowest level since October 2021, according to data released on Tuesday by Kantar.
SSP reinstates interim dividend but profits drop
Upper Crust and Ritazza owner SSP was under the cosh on Tuesday as it reinstated its interim dividend but posted a drop in first-half profits.
Cranswick FY profits rise as investment bears fruit
Food producer Cranswick posted a jump in full-year profit and revenue on Tuesday as its investment programme bears fruit.
London open: Stocks fall ahead of more Fed commentary
London stocks fell in early trade on Tuesday as investors mulled the latest comments from US Federal Reserve officials and looked ahead to more speeches later in the day.
XP Power rejects £468m takeover proposal from Advanced Energy
Advanced Energy said on Tuesday that it has made three possible all-cash offers for XP Power, the last of which valued the group at £468m.
London pre-open: Stocks seen down ahead of Fed speeches, Bailey
London stocks were set for a weaker open on Tuesday following a mixed session on Wall Street and ahead of several speeches by Federal Reserve officials.
Tuesday newspaper round-up: New homes, AI, Mike Ashley
A Labour government would aim to announce the sites for a series of new towns within a year of taking office, with the promise that homes would be built in them by the end of a first term, Angela Rayner is to say in a speech. Giving more detail to a plan first outlined in Keir Starmer’s party conference speech in October, Rayner will tell a housing conference that Labour will strongly support private developers who create high-quality and affordable housing. – Guardian.