(ShareCast News) - A rise in UK retail footfall in May provided some rare good news for the embattled sector, as the best monthly high street performance for three years outweighed a decline for shopping centres. Total footfall last month was 0.3% higher than the same month last year, according to B
Read more(ShareCast News) - Gains in shares of London-listed oil majors BP and Royal Dutch Shell, and oil stocks more generally, helped to keep the FTSE 100 and FTSE 350 in the green on Tuesday. Traders welcomed news that Shell had boosted its estimates for the cost savings it expected to reap from its merge
Read more(ShareCast News) - The Competition and Markets Authority has accused five modelling agencies of colluding to fix their prices. The competition watchdog said that between April 2013 and March 2015, FM Models, Models 1, Premier, Storm and Viva - used by big name high street and online retailers that c
Read more(ShareCast News) - British retail sales in April fell on a like-for-like basis compared to last year, with non-food sales outweighing positive food sales. The monthly Retail Sales Monitor (RSM) from the British Retail Consortium (BRC) and KPMG showed total sales were flat for a second month in a row
Read more(ShareCast News) - Numis reiterated an 'add' rating and target price of 5,750p for Next after the retailer reported its first quarter trading update. Next reported total sales in the three months to 2 May fell 0.2% from a year earlier, while full price sales were 0.9% lower, reflecting colder weathe
Read more(ShareCast News) - Numis reiterated an 'add' rating and target price of 5,750p for Next after the retailer reported its first quarter trading update. Next reported total sales in the three months to 2 May fell 0.2% from a year earlier, while full price sales were 0.9% lower, reflecting colder weathe
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