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Latest News
16 Jun
deutsche bank
Deutsche Bank chairman believes Brexit would be a "disaster" for UK

Deutsche Bank chairman Paul Achleitner has become the latest in a long line of banking experts to publically support a Remain vote in Britain's historic referendum on June 23rd.

16 Jun
Go-Ahead, buses, trains, transport, travel, rail
Southern commuters facing daily misery as Go-Ahead shares plummet

Commuters on Britain’s largest railway franchise were lumped with the promise of more misery this week, as conductors on the Southern arm of Govia Thameslink Railway announced a strike, set down for next Tuesday.

16 Jun
Redcentric's full year revenues rise by 16%

Full year revenue rose at Redcentric, an IT service provider, boosted by organic growth and two acquisitions.

16 Jun
retail, shopping, fashion, oxford circus
UK retail sales rise more than expected in May, ONS reveals

UK retail sales rose more than expected in May as shoppers picked up new clothes for summer, official data showed on Thursday.

16 Jun
Japan, Nikkei, Tokyo, Asia
Asia report: Most markets drop as BoJ stands pat

Markets in Asia were defined by Japan on Thursday, with the yen strengthening sharply and the Nikkei in a serious slide after the Bank of Japan stood pat on monetary policy.

16 Jun
n brown clothing
N Brown confident despite subdued start to year

Trading has remained subdued at N Brown but nowhere near as bad as analysts has been fearing, lifting shares from their four-year low with management confident that a second half improvement will see the clothing retailer hit its full year targets.

16 Jun
3757745857 ea6cb98cf8 o
Germany's Ifo Institute ups growth forecasts

Germany’s Ifo Institute has upgraded its growth forecast for this year to 1. 8% from a 1. 6% estimate in April.

16 Jun
ukhouse12
Purplebricks revenue surges; to launch in Australia

Online estate agency Purplebricks reported a surge in full-year revenues but losses widened significantly as sales and marketing costs swelled.

16 Jun
BoJ
BoJ maintains interest rate at -0.1%

The Bank of Japan (BoJ) kept its negative interest rate at -0. 1% and left its stimulus measures unchanged amid uncertainty surrounding Britain’s EU referendum on the 23 June.

16 Jun
boris, johnson, boris johnson, london
Brexit backers reveal roadmap for post-referendum Britain

Leaders of the Vote Leave campaign in the UK's upcoming referendum have set out a roadmap of how the country can manage its exit from the European Union. Britons will go to the polls in one week´s time in a historic vote to decide whether they will stay in the EU or leave, and Boris Johnson, Michael Gove and other leaders of the Brexit campaign have released their post-exit plans.

16 Jun
Poundland, retail
Poundland unveils results as Steinhoff reveals 23% stake

Fresh from the previous day's revelation that South African giant Steinhoff was mulling a takeover, discount retailer Poundland posted preliminary results that confirmed a decline in profits and the continuing challenges the sector faces.

16 Jun
intu platinum mall 15 opt
Intu Properties in advance talks over Merry Hill acquisition

Intu Properties has confirmed it is in advanced discussions with Australia's Queensland Investment Corporation regarding the potential acquisition of its 50% interest in the Intu Merry Hill shopping centre in the West Midlands.

16 Jun
union-europea-banderas
Europe open: Stocks in the red as Fed, BoJ stand pat

European stocks fell in early trade, taking their cue from downbeat sessions in the US and Asia after the Federal Reserve and the Bank of Japan stood pat on policy, with concerns about Brexit still weighing on investors’ minds.

16 Jun
un-travailleur-tient-en-parapluie-aux-couleurs-du-royaume-uni-devant-le-london-stock-exchange-en-octobre-2008-bourse-marches-financiers
London open: Stocks fall as Fed and BoJ leave policy unchanged

UK equities declined on Thursday as the Federal Reserve and the Bank of Japan left policy unchanged.

16 Jun
Safestore self-storage, Staines store, Middlesex
Safestore interim profits down; sees 'strong' full year

Half-year pre tax profits at storage firm Safestore fell 21. 1% to £49. 1m although the company said early trading in the second half had been encouraging and it was confident that the business would deliver a strong performance for the year as a whole.

16 Jun
Garfunkels restaurant Garfunkel's The Restaurant Group
'Casual dining' restaurants suffer but pubs bubble up, Coffer Peach finds

Trading at larger UK pubs and restaurant groups slowed even further in May, with like-for-like sales down 1. 4% year-on-year as a hefty decline at casual dining chains outweighed a small improvement for pubs.

16 Jun
Firstgroup Hull Trains rail
FirstGroup to partner with MTR on South Western bid

Transport operator FirstGroup said on Thursday that Hong Kong metro operator MTR Corporation will join the company in a joint venture bid for the South Western rail franchise.

16 Jun
Darty full year profits soar ahead of Fnac takeover

France based electrical retailer Darty said full year group retail profits rose 24% to €93. 1m with revenue up 4. 1% to €3. 6bn and like-for-like sales up 3. 9%.

16 Jun
Mulberry, Cara Delevingne, handbags. Photo: Dave Benett
Mulberry posts surge in full-year profit

Luxury brand Mulberry – known for its iconic handbags – posted a jump in full-year profit as total revenue and retail sales grew.