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London open: Stocks nudge higher as Morrisons rallies
Stocks in London nudged higher at the open after the index hit another record high in the previous session, with miners boosted by encouraging Chinese data, while the pound remained under pressure on the back of Brexit concerns.
Big Yellow occupancy improves but caution remains
Big Yellow Group’s third quarter revenue rose slightly as occupancy improved while the storage company remained cautious about the economic outlook of Britain.
Phoenix Group hits cash target after Axa acquisition
Insurance provider Phoenix Group Holdings has achieved its 2016 target for cash regeneration and will make at least £250m from the acquisition of the Axa businesses.
Unite Group valuations ahead in December quarter
Developer and manager of student accommodation, Unite Students, released the quarterly property valuation of the Unite UK Student Accommodation Fund (USAF) and the London Student Accommodation Joint Venture (LSAV) as at 31 December 2016, on Tuesday.
Boohoo.com lifts revenue guidance
Online fashion retailer Boohoo. com lifted its guidance for annual revenue growth following strong trading through Black Friday and into the Christmas season.
Bunzl makes acquisitions on both sides of Atlantic
International distribution and outsourcing group Bunzl announced on Tuesday that it has acquired two further businesses in the UK and the US.
Gocompare full-year revenue up 19%
Price comparison website Gocompare. com posted a 19% increase in revenue for the year ended 31 December following what it called a transformational year.
London pre-open: Stocks seen touch weaker following another record close
Stocks in London were set to open a touch lower on Tuesday after the index hit another record high in the previous session as Brexit worries hit the pound, despite some encouraging data out of China.
Playtech sees FY in line; Ron Hoffman made CEO of financials division
Gaming software development company Playtech said it expects results for the full year 2016 to be in line with market views as it announced that chief financial officer Ron Hoffman will become chief executive officer of the group’s financials division.
Tuesday newspaper round-up: Retail sales, Tesco, Whitbread
UK retail sales continued to grow at the end of last year as Britons made a late dash for Christmas gifts and festive foods, according to industry figures that add to signs the economy ended 2016 on a strong note. The British Retail Consortium (BRC) pointed to challenges ahead from rising costs and political uncertainty but said its members went into the new year having enjoyed solid sales growth over the crucial Christmas period. - Guardian.