News And Announcements
Nationwide warns of 'intense' mortgage competition as Q1 profits fall
Nationwide Building Society warned of a subdued UK housing market and fierce mortgage product competition as first quarter pre-tax profits fell 12. 73% to £281m pounds.
Sports Direct buys House of Fraser from administrators for £90m
Mike Ashley's Sports Direct International on Friday acquired House of Fraser for £90m after the high street department store chain appointed administrators.
Butlin's hi-de-hacked: up to 34,000 guests' details stolen
Holiday camp chain Butlin’s has suffered a data breach, with the personal information of as many as 34,000 of its guests being stolen by hackers over the last three days, the company said on Friday.
Chancellor Hammond eyes 'Amazon tax' for online businesses
Chancellor Philip Hammond said on Friday he may introduced a special tax on online retailers to "support the high street" amid the structural changes in the industry and rise in power of the likes of Amazon.
Debenhams rallies as Sports Direct buys House of Fraser
Debenhams was on the rise on Friday as Sports Direct - which has a 30% stake in the department store chain - announced the acquisition of House of Fraser.
Christie Group aims to reassure, backs trading expectations
Christie Group, an AIM-listed provider of professional business services, noted the recent fall of the share prices of a number of quoted residential estate agents on Friday and said it does not expect to take the same hit.
GBGI gross written premium rises
GBGI Limited, an AIM-listed provider of international benefits insurance, said on Friday that it recorded year-over-year growth in its interim gross written premium.
Ryanair grounds 400 flights as pilots walk out in 5 European states
Low-cost airline Ryanair was forced to ground almost 400 flights on Friday as Europe-wide strike action by pilots over pay cause major disruption.
Filta Group says first-half revenue and profit in line
Filta Group, a provider of fryer management and other services to commercial kitchens, said on Friday that its first-half revenue and profit are in line with management’s expectations.
Diageo pops cork on $2bn share buyback
Diageo has told its broker to kick off the first swathe of its £2bn share buyback programme from Friday.