Tesco Share News (TSCO)

Aldi and Lidl cheer record festive period with sales up 8% and 12%

(Alliance News) - Discounter supermarkets Aldi and Lidl on Tuesday revealed record Christmas trading in the UK, as cash-strapped shoppers looked to cut the costs of their festive celebrations.

Not just for Christmas: Britain's M&S targets more regular food shoppers

M&S food shopper numbers jump at Christmas

*

Festive food and fizz top Europeans' Christmas shopping list

LONDON, Dec 18 (Reuters) - Supermarkets in the UK and Europe are offering more own-brand festive food from roast duck to truffle crackers as cash-strapped families spend on Christmas meals at home while cutting down on gifts and eating out.

LONDON BROKER RATINGS: Exane BNP cuts Shell; JPMorgan cuts WPP

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

Confectioners eye holiday boost as UK shoppers snub expensive gifts

Cash-strapped shoppers opting for cheaper gifts -execs

*

M&S, Morrisons used unlawful land deals to block rival shops — UK CMA

(Alliance News) - Wm Morrisons Supermarkets Ltd and Marks & Spencer Group PLC broke land use laws to stop rival supermarkets opening nearby stores, according to the UK competition watchdog.

LONDON BROKER RATINGS: RBC likes 3i; JPMorgan raises Ocado

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

TOP NEWS: UK grocery inflation eases before bumper Christmas - Kantar

(Alliance News) - UK grocery price inflation eased in the final quarter of the year, numbers showed on Tuesday, while take-home grocery sales are expected to beat previous records this December.

London close: Stocks rise on flurry of manufacturing data

(Sharecast News) - London stocks closed positively on Friday, with miners playing a pivotal role following broker upgrades and optimistic Chinese manufacturing data.

LONDON BROKER RATINGS: UBS lifts Antofagasta and Anglo American to buy

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

JPMorgan downgrades Tesco to 'underweight'

(Sharecast News) - JPMorgan Cazenove downgraded Tesco on Friday to 'underweight' from 'neutral' and cut the price target to 230p from 240p as it took a look at the European food retail sector, highlighting its cautious stance.

IN BRIEF: Hargreaves Lansdown picks Dechra chair Alison Platt as chair

Hargreaves Lansdown PLC - Bristol, England-based wealth management platform - Hires Alison Platt, the current chair of Dechra Pharmaceuticals PLC, to be next its non-executive chair. Platt replaces Deanna Oppenheimer, who will leave the Hargreaves board at its annual general meeting on Friday next week, having been chair for six years. Platt will join the Hargreaves board in early 2024. Until regulatory approval for Platt, Senior Independent Director Penny James will be interim chair. Dechra, a veterinary drugmaker, has agreed to be taken over by EQT, which is a Swedish private equity firm, and Luxinva SA, which is controlled by the sovereign wealth fund of the United Arab Emirates. The GBP4.5 billion deal is expected to be completed by early 2024. Platt also is a non-executive director of grocer Tesco PLC and chair of general insurer Ageas (UK) Ltd. Previously, she led estate agent Countrywide as chief executive officer from 2014 to 2018.

Sunday share tips: Wincanton, Tesco

(Sharecast News) - The Financial Mail on Sunday's Midas column tipped shares of supply chain specialist Wincanton to readers judging that the business's prospects were "bright" and the shares "cheap".

LONDON MARKET CLOSE: Pound jumps above USD1.26 mark on Black Friday

(Alliance News) - Global markets saw a lacklustre session this Black Friday, with European markets edging just slightly higher.

EARNINGS AND TRADING UPDATES: Accsys narrows interim pretax loss

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: