All City & finance articles – Page 518
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News
Sterling's frailty poses threat to retail stocks
The impact of sterling’s collapse against the dollar threatens to end the retail sector’s share price rally within months.
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Opinion
Only well-led retailers will get backing
In testing times it’s human nature to turn to the knowledge and experience of leaders.
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News
Morrisons: preliminary results next week
Morrisons posts full-year results next Thursday and profits are expected to come in at about 630m.
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News
City remains cynical over retail despite recent rally in non-food
The likely longevity of retail’s recent rally was once again one of the big City talking points.
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News
Dunelm stands by expansion plan after reassuring first half
Value homewares group Dunelm is ploughing ahead with expansion plans after posting robust first-half trading figures.
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News
Interest rate cut to 0.5%
The Bank of England has cut the interest rate to a record low of 0.5 per cent.
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News
Risk Capital raises £75m to take advantage of credit crunch opportunities
Risk Capital Partners, the private equity business co-founded by Luke Johnson, has raised a 75m fund and aims to cash in on opportunities thrown up by the credit crunch.
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News
Tax ruling goes against DSGi
Electricals group DSGi, owner of the Currys and PC World chains, has had a tax ruling made against it.
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Opinion
Asda means business in grocers' price war
It's payday, and the big grocers are parking their tanks on each other's lawns as a new front opens in the price war.
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News
Sales fall at John Lewis but show week-on-week improvement
Sales at John Lewis department stores fell 1.5 per cent in the week to February 21, while turnover at grocery stablemate Waitrose dropped 1 per cent.
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News
Consumer confidence improves slightly in February
Consumer confidence improved marginally in February but remains extremely weak, GfK NOP's Consumer Confidence Index has found.
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Opinion
Don't write off Fresh & Easy
The weekend story that Tesco had “got it wrong in the US” made for great headlines but didn’t reflect the bigger picture.
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News
Kingfisher expected to ride out downturn
DIY giant Kingfisher is expected to emerge stronger from the downturn, but weakening performances in some international markets have prompted City caution about short-term prospects.
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News
Sentiment swings in favour of retail despite general malaise
The market was down last week as arguments continued to rage about the health of the economy and whether the right action is being taken to steer the world out of recession. However, once again the impact on store stocks was limited versus the All Share Index.
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News
Primark's value stance keeps sales on course in first half
Value fashion retailer Primark’s keen prices helped it defy the economic gloom with a 5 per cent rise in like-for-like sales in the six months to February 28.
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News
Retailer anger mounts over rate rise
Top retailers have renewed their attack on the proposed 5 per cent increase in business rates scheduled for introduction in April.
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NewsTop retailers lobby Government to reverse rate rise
Top retailers are to lobby Local Government Minister John Healey to reduce the rise in business rates planned for April.
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Opinion
Brands and nostalgia: the new dynamic in food
Comfort eating has taken on a new meaning in these downbeat, recessionary times.
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News
Retail sales up 0.7 per cent in January
Retail sales volume rose 0.7 per cent in January and advanced 1.5 per cent on a three-month basis, the Office for National Statistics reported.
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News
Banks compete to sell former Baugur stake in Iceland
Icelandic bank Landsbanki is understood to have held a beauty parade of investment banks vying to run the sale of a stake in frozen food retailer Iceland.