News

News

Prezzo begins sale process as the latest chain struck by coronavirus...

Italian high street staple Prezzo has become the latest restaurant chain to seek out a buyer, as the dining industry looks set to emerge...

Primark owner AB Foods shares rally despite quarterly profits dipping 75%

Clothing retailer Primark saw a large knock to its first half profits due to Coronavirus and its lack of online presence. Despite this and...

Coronavirus: Over 12,000 jobs lost in two days

The Coronavirus pandemic has seen a surge of UK employers announce cuts over the past 48 hours, leading to 12,000 jobs lost. Over the past...
John Lewis

John Lewis to close stores and cut jobs

John Lewis is the latest retailer to announce plans to close several stores and cut UK jobs. In a memo sent to staff, the department...
Airbus

Airbus to cut 1,700 UK jobs

Airbus has announced plans to cut 1,700 UK jobs amid a major restructuring of the company. The aerospace giant said on Tuesday that it will...

Boris encourages home building by deregulating brownfield development

On Tuesday prime minister Boris Johnson gave a speech in Dudley, in which he promised to "build better and build greener", but also "build...

FTSE slips while US markets rally – a mixed bag for...

The FTSE 100 index (INDEXFTSE:UKX) has dipped this afternoon by 1.16%, despite being on course to record its best quarter since 2010, at the...

AstraZeneca shares slip despite new Japan orphan drug designation

British-Swedish pharamaceuticals company AstraZeneca (LON:AZN) saw its share price dip on Tuesday despite having announced that its selumetinib treatment had been granted orphan drug designation...

Cineworld shares stable as reopening date postponed until July 31st

Cineworld Group plc (LON:CINE) has announced that it will postpone the reopening of its UK and US cinemas until 31st of July, citing a...

Smiths Group shares rally on ‘resilient’ COVID trading

FTSE-listed engineering firm Smiths Group (LON:SMIN) saw its share price bounce on Tuesday, as the company booked robust trading during the COVID pandemic. For its...