Marks & Spencer topped the risers as it delivered its first growth from clothing and general merchandise (GM) for 14 quarters, with like-for-like sales unexpectedly rising 0.7% in both clothing and food. The market had been expecting GM sales to fall and food to be flattish. Imperial Tobacco continu
Read more* Click-and-collect can benefit large store format * Retailers adding larger stores to portfolios * Large store property deals jump in 2014 * Retail warehouse total returns up 7.1 pct in Q4 2014 * Consultants expect rents to rise By Esha Vaish April 1 (Reuters)
Read moreUK stocks trimmed earlier gains by the close after a weak start on Wall Street, but still managed to finish in the green as markets bounced slightly following a sell-off the previous session. London's FTSE 100 finished the session up 36.46 points, or 0.54%, at 6,809.50. The index had dropped 1.7% to
Read moreOil major Shell was making gains after being given the green light by the US government to restart an exploration campaign in the Alaskan Arctic. Imperial Tobacco rebounded from Tuesday's losses, which were driven by concerns that the Lorrillard-Reynolds merger will fall apart. Banks such as Barcla
Read moreSharp falls from mining and tobacco stocks sent the FTSE 100 to its lowest close in two and a half weeks on Tuesday as investors used some weak economic data as an excuse to rebalance their books before the quarter-end. After briefly trading in the green early on, the Footsie finished had plunged 1.
Read moreTobacco, oil & gas and mining stocks knocked the FTSE 100 down on a day of few positives over the course of Tuesday's trading in London. At 16:25, the FTSE 100 was trading down 93.98 or 1.36% at 6797.45 with tobacco stocks taking the biggest knock of the day. The decline arrived early on during the
Read moreDIY retailer Kingfisher soared as it impressed investors with plans to close 60 stores, as new chief executive Véronique Laury announced full-year results and set out her plans for a "very different" company. The company announced a £200m cash return for the coming financial year as it revealed adju
Read moreAfter a brief stint in positive territory, UK stocks dropped sharply into the red by Tuesday lunchtime as concerns about the Eurozone outweighed upbeat data closer to home. London's FTSE 100, which rose initially to a high of 6,910.07, had sunk over 1% to 6,819.82 by midday. The index has not closed
Read moreAnalysts were largely very impressed by the strategic vision nailed to the wall by Kingfisher's new chief executive Véronique Laury as she lifted the lid on some less impressive full-year numbers. Brewin Dolphin's Nicla Di Palma said the new strategy makes sense, with the new focus on capital discip
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