News

News

Mike Ashley tells MPs: The internet is killing the high street

Mike Ashley appeared in front of parliament on Tuesday to discuss the future of the high street. The chief executive of Sports Direct (LON: SPD)...

Greencore shares drop despite 13% profit rise

Greencore has released its full-year results on Tuesday. The convenience food producer has reported a strong growth in its food to go business for...

Travis Perkins to sell plumbing division

Travis Perkins announced on Tuesday that it planned to sell its plumbing and heating division. This move is part of a broader corporate restructure...

Coats invests in tech start-up Twine Solutions

Coats has announced on Tuesday that it has become a strategic investor in Israeli based technology start-up Twine Solutions. The world’s leading industrial thread manufacturer...

Rentokil Initial announces £1.5 billion pension scheme deal

Rentokil Initial has announced that it will transfer its £1.5 billion pension scheme to Pension Insurance Corporation. This is ahead of the planned full...

Wizz Air passenger numbers up 11%

New data has emerged on Tuesday morning outlining Wizz Air’s growth over November 2018 and its passenger statistics during this period. Over the month of...

Thomas Cook shares continue to slide

Shares in Thomas Cook are continuing to fall following last week's profit warning.  On Monday, shares in the group were down more than 18% and have...

Unilever acquires GSK’s Horlicks in €3.3bn deal

Unilever and GlaxoSmithKline have agreed on a €3.3 billion ($3.8 billion) deal. The Anglo-Dutch company will acquire GSK's Indian health food and drinks portfolio, including the Horlicks...
china

Global markets rally on US-China trade truce

The US and China have agreed to a 90-day truce in their trade war.  Donald Trump announced the decision via Twitter after a weekend meeting in...

Brexit: PM does not rule out second vote if MPs reject...

In an interview on Friday, Theresa May said that she was confident in winning the vote on her Brexit deal held on 11 December. Speaking...