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TUI sees trading in line with expectations as winter, summer revenues rise
Holiday tour operator TUI said current winter and summer 2017 were trading in line with expectations and reiterated its guidance of at least 10% growth in group underlying earnings before interest, tax and amortisation in 2016/17.
SIG's new CEO to start next week, chairman to retire
Insulation and roofing supplier SIG has revealed that chairman Leslie Van de Walle has decided to retire and that new chief executive Meinie Oldersma will take up his position and be admitted to the board next Monday.
Stagecoach still struggling with lower bus revenues
Passenger transport operator Stagecoach Group published a trading update in respect of its financial year ending 29 April 2017 on Wednesday, ahead of a series of meetings with analysts.
Auto Trader appoints Nathan Coe as COO
Digital automotive marketplace Auto Trader has appointed Nathan Coe as chief operating officer and executive director with effect from 1 April.
Wednesday newspaper round-up: Brexit, FTSE diversity, Sports Direct
Fruit and vegetables, flowers and olive oil will all become more expensive once the UK leaves the EU, no matter what trade deal is struck, City analysts have calculated. The price of food imported from the EU is likely to rise by up to 8% by the end of any transitional period as Britain is forced to impose extra border controls, making it more difficult to bring in foods that we cannot produce ourselves. – Guardian.
London pre-open: Stocks seen higher as May prepares to pull the trigger
London stocks were set for a higher open as investors prepare for Prime Minister Theresa May to trigger Article 50 after midday and kick off divorce proceedings with the European Union.