UK retail sales slump points to new risk of recession
Retail sales slump 3.2% in December, biggest drop since Jan 2021
*Read moreTue, 20th Oct 2020 09:52
Retail sales slump 3.2% in December, biggest drop since Jan 2021
*Read more(Alliance News) - International Distributions Services PLC on Thursday appointed a new chief financial officer with immediate effect, alongside noting its "best Christmas" performance in four years.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:
Read moreTesco PLC - London-based supermarket chain - Non-executive Director Carolyn Fairbairn buys 35,000 shares at at GBP3.00 each, worth GBP104,842, in London on Monday.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:
Read more(Sharecast News) - London's stock markets closed in the red on Thursday, reversing earlier gains after US consumer inflation came in hotter than expected.
Read moreLONDON, Jan 11 (Reuters) - Britons splashed out on premium and party food at Tesco and Marks & Spencer over Christmas, prioritising treats at home over eating out, and favouring the biggest retailers for their festive spending in still tough economic conditions.
Read more(Alliance News) - Upbeat morning trade for European markets gave way to caution by midday on Thursday, as investors look to a make-or-break US inflation reading, and what it could mean for the Federal Reserve interest rate outlook.
Read more6 weeks to Jan 6 UK like-for-like sales up 6.8%
*Read moreLONDON, Jan 11 (Reuters) - The British pound edged up against the dollar on Thursday ahead of U.S. data that could reinforce the expectation that the Federal Reserve will soon start cutting interest rates, thereby giving sterling a greater competitive edge.
Read more(Alliance News) - Stock prices in London climbed at Thursday's market open, with investors feeling hopeful ahead of US inflation data, and considering Christmas updates from grocery companies.
Read more(Alliance News) - Tesco PLC on Thursday raised its annual guidance as it hailed trading over the Christmas period and its financial third quarter.
Read more(Alliance News) - Stocks in London are tipped for a strong start on Thursday, as global equity markets benefit from optimism ahead of the US inflation print later in the day.
Read more(Sharecast News) - Shares in Tesco declined on Thursday despite the supermarket giant raising its profit guidance following a strong Christmas trading period, as the retailer faced fresh allegations of profiteering in the midst of a cost-of-living crisis.
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