Discount retailer B&M beats ‘lockdown peak’ but shares slip as analysts left with ‘more questions than answers’ June 5, 2024 Bargain retailer B&M has exceeded its “lockdown peak” as the firm reveals it is trading at the higher end of its guidance thanks to Brits sniffing out a bargain
FTSE 100 today: London markets primed to open higher as rate cut odds strengthen June 5, 2024 Asian markets surged on rate cut expectations, while Australia's Q1 growth slowed. Eyes on global services PMI releases and Computacenter.
‘Growing momentum’: British American Tobacco’s new products drive growth June 4, 2024 British American Tobacco has said its new product catagories have driven growth at the group.
Blackstone in ‘exclusive’ talks to buy Village Hotels June 4, 2024 Private equity investor Blackstone is reportedly in exclusive talks to buy mid-market chain Village Hotels for circa £850m.
US private equity giant Blackstone snaps up 1,700 homes from Vistry as it drives to become major UK landlord June 4, 2024 Blackstone and Regis Group have inked a deal to buy 1,700 homes from developer Vistry. The private equity firm and its joint venture partner Regis will shell out £580m for the portfolio of new build homes across the South East of England.
Gooch and Housego optimistic despite headwinds June 4, 2024 Photonics engineering and manufacturing firm Gooch and Housego (G&H) has held its guidance for the year and remains optimistic despite revenue falling slightly.
FTSE 100 today: London markets set for muted open ahead of ECB rate cut decision June 4, 2024 Doubts about US exceptionalism drive Asian market decline. UK spending slows in May. Investors watch ECB and BOC policies.
Marks and Spencer chief’s pay soars to decade high as turnaround pays off June 3, 2024 Marks and Spencer's turnaround plan has generated huge rewards for its boss, Stuart Machin.
Panmure Liberum to cut dozens of jobs after landmark City merger June 3, 2024 Newly-formed investment bank Panmure Liberum is planning to cut more than two dozen jobs after a merger between two of the City's leading brokers earlier this year.
London might be behind on IPOs… But there is one bright spot June 3, 2024 We all know the London Stock Exchange is doing badly on IPOs, but follow-ons represent a bright spot in the market.
