UK shares retreat amid weaker session for retail stocks

[ad_1] UK shares retreat amid weaker session for retail stocks  Evening Standard [ad_2] Source link

JD Sports Fashion Cuts Pretax Profit View After Revenue Growth Missed Expectations

[ad_1] JD Sports Fashion cut its forecast for fiscal 2024 headline pretax profit after revenue growth in the 22 weeks to Dec. 30 fell below expectations. The London-listed fashion retailer…

Eyes on ‘elevation strategy’ progress as Frasers reveals latest trading

[ad_1] Eyes on ‘elevation strategy’ progress as Frasers reveals latest trading  Evening Standard [ad_2] Source link

Pound rallies against dollar after weak US jobs data

[ad_1] Pound rallies against dollar after weak US jobs data  Evening Standard [ad_2] Source link

Asos to shed light on transformation progress as sales set to fall

[ad_1] A sos investors will be hopeful the online fashion firm can show progress in its revival plans when it reports its latest trading figures next week. It comes after…

FTSE slips despite Bank of England interest rate pause as pound tumbles

[ad_1] L ondon’s markets finished lower on Thursday despite the Bank of England holding interest rates for the first time since 2021, which weighed on the value of the pound.…

FTSE finishes higher as consumer stocks lift

[ad_1] L ondon’s top indexes warmed up on Friday after a broadly tepid trading session, amid a boost from consumer firms and retailers. JD Sports and Next were among the…

FTSE breaks six-day winning streak to end August deep in the red

[ad_1] L ondon’s FTSE 100 closed in the red on Thursday, bringing a bruising August to an end for the top shares in the City. The index closed down 34.54…

FTSE 100 rebounds on back of commodities after seven-day losing streak

[ad_1] T he FTSE 100 made gains on Tuesday to break its worst losing streak since 2019. London’s top index moved 0.18%, or 12.94 points, higher to finish at 7,270.76.…

Retailers among fallers as FTSE 100 slumps again

[ad_1] T he FTSE 100 had another weak showing on Friday as weaker-than-expected retail data for July weighed on London’s biggest retailers. The Office for National Statistics said retail sales…