Finance news – Page 378
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NewsTrump's trade war drives down price of petrol... for now
Donald Trump’s trade wars are driving down the cost of petrol in the UK
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NewsCity snapshot: Global demand for premium spirits boosts Rémy Cointreau
French spirits giant Rémy Cointreau has posted annual sales growth of 7.9% driven by strong global sales of its key premium brands.
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NewsMedia Bites 6 June: Applegreen, Arcadia Group, Game Digital
The owner of Welcome Break motorway service stations has claimed Brexit has ‘impacted on consumer sentiment’.
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NewsCamelot reports £255m boost in National Lottery sales
Altogether £1,654.7m was generated for good causes and £4,128.5m was awarded in prizes to players
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NewsNetwork Rail reports retail sales jump across 18 train stations
Across Network Rail’s managed station estate, like-for-like sales rose by 2.4% for the fourth quarter
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NewsApplegreen reports solid trading so far in 2019
Forecourt trader Applegreen will continue to explore opportunities in the US, chairman Daniel Kitchen will announce at its AGM this morning.
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NewsMedia Bites 5 June: Sainsbury’s, Camelot, Ferrero
Sainsbury’s chief executive Mike Coupe enjoyed a hike of almost 7% in his overall pay in the past financial year despite the collapse of the group’s planned takeover of Asda
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NewsSandpiper CI completes The International Stock Exchange listing
As part of the listing, 25.1 million shares were sold at a price of 75p per share
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NewsNisa retail director Nigel Gray to leave amid management restructure
The sales and retail teams are being merged under sales director Steve Leach
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NewsRetail suffers worst sales performance since 1995
Retail sales have suffered their worst month in nearly a quarter of a century, the latest data from the British Retail Consortium and KPMG has revealed.
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NewsMedia Bites 4 June: Majestic Wine, High Street, Waitrose
Majestic Wine is stepping up preparations to sell its stores after Gatemore Capital Management’s disclosure last week that it had a 3.9% stake in the group.
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NewsGlobal agri player Corteva makes US stock market debut
Global agriculture specialist Corteva has become an independently listed company on the New York Stock Exchange today after splitting from parent DowDuPont.
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NewsReusable packaging specialist IFCO sold for $2.5bn
Australian logistics company Brambles has completed the £2bn sale of its packaging arm IFCO to investment giants Trinton and the Abu Dhabi Investment Authority.
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NewsAmazon opens pop-up stores in high streets across UK
The stores will sell products from 100 of its third-party online sellers
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NewsCity snapshot: Amazon to open UK pop-up shops and fund £1m apprentice scheme
Online retail giant Amazon is to launch ten pop-up shops in the UK to give more than 100 small brands a retail presence and boost the flagging fortunes of the high street. Plus all the rest of the latest news from the City.
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NewsMedia Bites 3 June: UK High Street, Amazon, Brexit
The government is working on a shake-up of planning laws to help to revive struggling high streets
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NewsThe Lakes Distillery nets £1.6m investment
Fast-growing English whisky producer The Lakes Distillery has secured a further seven-figure investment to help fund its journey towards an eventual IPO.
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NewsRubies in the Rubble eyes £1.2m funding boost
Food waste sauce maker Rubies in the Rubble has surged past its £300k crowdfunding target as part of a wider seven-figure investment hunt.
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NewsTesco shares drop despite market share outperformance
Tesco may have been the big four winner from the monthly grocery market share data this week, but it was a loser as far as the City was concerned.
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NewsLRS maintains profits despite soft drinks levy and dip in sales
LRS has posted a drop in sales of £5.9m but its pre-tax profits edged up regardless