Standard Life Aberdeen boss steps down

After five years leading the group, Keith Skeoch announced on Tuesday that he is stepping down from Standard Life Aberdeen.  Skeoch will be replaced by the...

Byron Burger goes into administration & seeks buyer

Byron Burger is seeking a rescue deal as it prepares to go into administration. The restaurant chain has filed a notice on Monday with the intention...
retail sales

Retail rent day may see 25pc paid to landlords

Wednesday 24 marks rent day for retailers across the UK, who need to pay rent for the next three months. For landlords, it is...
Boris Johnson

Coronavirus: Boris Johnson to announce opening of hospitality sector

As restrictions continue to ease in the UK, Boris Johnson is set to announce plans to allow pubs restaurants, museums and cinemas to reopen. The...
Tesco

Tesco sells Polish supermarkets in £181m deal

In a move to focus more on UK operations, Tesco (LON: TSCO) has announced plans to sell its Polish business in a £181m deal. The UK...
Boohoo posts revenue growth, shares rise

Boohoo reports 45pc increase in sales, shares rise

In the three months to May, Boohoo has reported a surge in sales by 45% as consumers have moved shopping habits online.  The group has...
dominos

Domino’s shares fall as group forecasts dent in profits

Despite an increase of orders, Domino's Pizza expects the costs introduced during the lockdown will to hit first-half profits. Due to the costs of introducing...
bp

BP takes hit of $17.5bn, shares tumble

BP is expected to take a $17.5bn hit amid the Coronavirus pandemic as the global demand for oil slumps and governments ramp up plans to...
UK economy

UK economy shrinks by record 20.4pc

The latest figures have shown that the UK economy has shrunk by a record-breaking 20.4% after a full month in lockdown. The Office for National Statistics...
asahi

Beer sales hit 20-year low amid pub closures

British beer sales have sunk to a 20-year-low across the first three months of the year. According to new figures from the British Beer &...
BP commits to net zero by 2050

BP to cut 10,000 jobs as demand for oil slumps

BP has announced plans to cut 10,000 staff by the end of the year. Like many companies who have been affected by the Coronavirus pandemic,...
Rolls Royce SFO

Rolls-Royce confirms 3,000 job losses

Rolls-Royce has announced 3,000 job losses will hit the firm's base in Derby and the company's Renfrewshire plant in Scotland. The engineering giant announced last month that due to...
Highlands Natural Resources

Monsoon Accessorize on the brink of administration

Up to 3500 jobs are at risk as fashion retailer Monsoon Accessorize is expected to file a notice of intention to appoint administrators, according...

ASOS sales hit by COVID-19, shares rise after placing

ASOS (LON:ASC) shares jumped on Wednesday as the group raised £247 million through a placing to help strengthen the business amid the evolving COVID-19...
tesco

Tesco warns COVID-19 costs could reach £925 million

Tesco (LON:TSCO) shares were down on Wednesday after the company issued an updated concerning the outbreak of COVID-19. Shares in the British retailer were down...
Kingfisher issues COVID-19 warning as European stores close

Kingfisher issues COVID-19 warning as European stores close

Kingfisher (LON:KGF) has provided an update on the evolving COVID-19 outbreak and how this has had an impact on its business. Shares in the company...

TUI suspends “vast majority” of travel operations

TUI AG (LON:TUI) shares were down on Tuesday following the travel company's weekend announcement that it will be suspending the "vast majority" of travel...
Trainline net ticket sales grow but trading softens as coronavirus spreads

Trainline net ticket sales grow, trading softens as coronavirus spreads

Trainline plc (LON:TRN) issued a full year 2020 trading update on Thursday, posting a rise in net ticket sales. Group net ticket sales increased by...

Go-Ahead shares fall 25% on weaker profits

Go-Ahead Group plc (LON:GOG) shares plunged on Thursday after it saw its profits fall for the half year. Shares in the travel operating company were...

Future expects no coronavirus hit

Future plc (LON:FUTR) announced that it does not expect to be affected by the outbreak of the coronavirus. Shares in the British media company were...