News Archives - UK Investor Magazine

Yu Group shares rally on strong trading

Safiya Bashir - 26/01/20210

Yu Group shares jumped 64.58% after the group released a strong trading update for the year ended 31 December 2020. The independent supplier of gas,...

News

Saga in talks with lenders over increasing debt

Safiya Bashir - 26/01/20210

Saga has announced that it is in talks with lenders about its debt levels, causing shares to dip 1.51% on Tuesday morning. However, despite...

Rolls-Royce cuts forecast flying hours, shares fall

Safiya Bashir - 26/01/20210

Rolls-Royce shares plunged this morning after the group said that it expects flying hours to drop to 55% from 2019’s levels. The FTSE 100...

News

Crest Nicholson reinstates dividend, despite loss

Safiya Bashir - 26/01/20210

Crest Nicholson has reported a £10.7m loss after tax, which is compared to last year's £82.5m profit. Revenue at the housebuilder fell from £1.09bn...

News

Unemployment hits 4-year high

Safiya Bashir - 26/01/2021 0

The UK unemployment rate hat hit 5% - the highest level for over four years. In the three months to November, the Office of...

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News

City Pub Group remain optimistic despite sales plunge

Safiya Bashir - 26/01/2021 0

Pub City Group posted a trading statement for the 52-week period to 27 December 2020, revealing a 57% plunge in sales. The pub chain, which...

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News

Shell to buy electric car-charging company

Safiya Bashir - 25/01/2021 0

Shell has announced plans to buy ubitricity - the German on-street electric car-charging company. The oil-giant is under growing pressure to cut its carbon...

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News

Pensana Rare Earths shares surge on application for new $125m facility

Safiya Bashir - 25/01/2021 0

Pensana Rare Earths Plc has announced that it has submitted a planning application to establish rare earth processing facility at Saltend Chemicals Park, Yorkshire. Once...

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Asos shares surge on plans to buy Topshop

Safiya Bashir - 25/01/2021 0

Asos shares jumped on Monday morning as the online retailer confirmed it was in exclusive talks to buy the Topshop, Topman, Miss Selfridge and...

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News

Boohoo shares jump on £55m Debenhams deal

Safiya Bashir - 25/01/2021 0

Boohoo has announced plans to buy the Debenhams website and brand in a £55m deal. The deal was announced this morning and whilst Boohoo...

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Politics

Kickstart scheme creates 120,000 jobs

Safiya Bashir - 25/01/2021 0

The Treasury’s Kickstart scheme has created 120,000 new jobs for young people. The scheme, which started last September, is open for 16 to 24-year-olds...

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Latest Podcast

News

Saga in talks with lenders over increasing debt

Safiya Bashir - 26/01/2021 0

Saga has announced that it is in talks with lenders about its debt levels, causing shares to dip 1.51% on Tuesday morning. However, despite...

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ASOS plans TopShop purchases

Andrew Hore - 24/01/2021 0

Online fashion retailer ASOS (LON:ASC) has thrown its hat in the ring for the purchase of brands owned by Arcadia. It does not want...

Premium

Sigma set for growth

Andrew Hore - 24/01/2021 0

Watkin Jones (LON:WJG) reiterated the demand for private rental and affordable housing in its results last week. Another company focused on residential rental property...

Premium

Regional plans for Knights

Andrew Hore - 24/01/2021 0

Regional legal firm consolidator Knights (LON: KGH) has continued its acquisition strategy despite the problems due to Covid-19 and management believes that more regional...

MySale shares rise on trading update

Safiya Bashir - 22/01/2021 0

MySale Group shares rose almost 8% on Friday's after the company shares a half year trading update. The retailer is trading ahead of management...

News

Pubs & restaurants close at record rates in 2020

Safiya Bashir - 22/01/20210

Over 150 London pubs, bars and restaurants closed permanently in 2020. As the pandemic has led to huge impacts in the sector, the number...

Podcast

A major gap in the craft alcoholic drinks market with Ace + Freak

UK Investor Magazine - 22/01/20210

Ace + Freak are breaking in to the rapidly expanding ready-to-drink (RTD) cocktail market, estimated to be worth some $20 billion. We speak with CEO...

News

John Lewis to repay £300m government loan

Safiya Bashir - 22/01/20210

John Lewis has announced plans to repay £300m in government loans following strong Christmas trading. The department store will be paying the loan two...

News

RTDs are the next big investment opportunity, with global sales expected to grow by a CAGR of 20% over the next 10 years

UK Investor Magazine - 22/01/20210

Sponsored by Ace + Freak The “craft revolution” has changed the beverage industry permanently, leaving its mark on everything from beer, think Camden Town...

News

Next pulls out of race to buy Topshop

Safiya Bashir - 22/01/20210

Next has pulled out of plans to buy Arcadia's Topshop. In a statement, the retailer said it had “withdrawn from the process to acquire...

News

Retail sales fall 1.9% in 2020 – online sales boom

Safiya Bashir - 22/01/20211

UK retail sales increased by 0.3% in December - much lower than the 1.2% rise expected by economists. New figures from the Office for National...

News

ECB sticks to key rates and pandemic policy

Bronte Carvalho - 21/01/20210

Following the first European Central Bank (ECB) meeting of 2021, the institution announced that it will be sticking to its current key rates and...

News

Electric batteries with 5 minute-charge produced

Bronte Carvalho - 21/01/20210

Electric car batteries capable of fully charging in just 5 minutes have been produced in a factory for the first time ever, marking a...

Politics

Furlough likely to continue into summer months

Safiya Bashir - 21/01/20210

Rishi Sunak is set to extend the government's furlough scheme past the end of April. As the UK is likely to continue Covid restrictions...

News

Daily Mail owner posts 15% plunge in revenue

Safiya Bashir - 21/01/20210

Daily Mail & General Trust (DMGT) has posted a 15% fall in revenue in the three months to 31 December 2020. The owner of the...

News

Pets at Home posts +18% Q3 revenue

Safiya Bashir - 21/01/20210

Pets at Home has reported a 18% jump in revenue for the third quarter of 2020. Revenue surged to £302m whilst like-for-like sales seeing...

Commodities/FX

Stocks & commodities react to Biden inauguration

Safiya Bashir - 21/01/20210

The pound has hit an 8-month high against the Euro, hitting €1.132 for the first time since last May. The pound also hit a...

News

Day one: Biden reverses key Trump policies

Safiya Bashir - 21/01/20210

Just hours after being sworn in, Joe Biden is already hard at work reversing Donald Trump's key policies. President Biden signed executive orders on issues...

News

Saga will require vaccine from all passengers

Safiya Bashir - 21/01/20210

Cruise operator Saga has said that all customers travelling this summer must be vaccinated. The over-50s travel firm has seen a spike in bookings since...

News

Markets buzz as Biden inauguration begins

Bronte Carvalho - 20/01/20210

Markets around the world are buzzing as Trump leaves the White House, paving the way for President-elect Joe Biden to take over in this...

News

Medical cannabis ETF celebrates anniversary on LSE

Bronte Carvalho - 20/01/20210

Europe's first medical cannabis ETF, The Medical Cannabis and Wellness UCITS ETF (CBDX), has celebrated its first anniversary since being listed on Deutsche Boerse...

Alibaba shares spring on Jack Ma sighting

Bronte Carvalho - 20/01/20210

Shares at Chinese e-commerce giant Alibaba (HKG:9988) have jumped almost 10% after founder Jack Ma's first sighting in three months quelled fears that the...

News

Hornby posts rise in Q3 sales

Safiya Bashir - 20/01/20210

Hornby shares fell on Wednesday after the group revealed a trading statement for the Christmas period. Group sales for the third quarter were up...