Boohoo posts 49% rise in annual profit

Boohoo (LON:BOO) revealed a 49% increase in its annual profit on Wednesday, a figure that is higher than expected. For the year ended 28 February,...
samsung

Samsung delays Galaxy Fold amid screen breakages

Samsung has pushed back the launch of its Galaxy Fold device after reports of various early reviewer's phone screens breaking. The electronics conglomerate had been...
Ashmore

Ashmore shares rise as assets under management increase

Ashmore shares ticked up on Tuesday after the company reported a 11.2% increase in assets under management during the third quarter. The emerging markets asset manager...
jd sports

JD Sports profits rise despite UK high street challenges

JD Sports (LON:JD) reported its final results for the year on Tuesday, sending shares up. The sportswear retailer said like-for-like sales during the 12-month period to...
Nigel Farage

Nigel Farage launches Brexit Party ahead of EU elections

Nigel Farage has launched his new Brexit Party ahead of the upcoming European elections. The former UKIP leader launched his campaign in Coventry, where he...
jp morgan

JP Morgan shares rise on record q1 profit

JP Morgan Chase (NYSE:JPM) reported its results for the first quarter of the year, sending shares up during Friday trading. The bank beat market expectations...
LK Bennett

LK Bennett agrees sale, 15 stores to close

LK Bennett has agreed a sale taking it out of administration, however 15 stores are set to close as a result. The company has been...
Brexit

Brexit: U.K and EU agree on Halloween ‘flexible’ deadline

Brexit may potentially be extended until October 31st, after the EU and the U.K agreed upon a flexible six month extension on Wednesday. Whilst the...
ted baker

Ted Baker announces the end of CEO misconduct investigation

Ted Baker announced on Thursday the end of an independent investigation into misconduct allegations brought against its former CEO Ray Kelvin. Ray Kelvin, who founded...
asos

Asos pre-tax profits slump 87%

Asos reported an 87% fall in earnings for the six months to 28 February, amid a difficult trading period. The online fashion retailer said that...
co-op

Co-op reports profit and revenue rise

Co-op reported a rise in profits and revenue in its latest results, receiving a boost from its recent acquisition of the Nisa chain. The food...
mothercare

Mothercare q4 sales decline, shares fall

Mothercare reported its results for the final quarter of the year, causing shares to fall during Thursday morning trading. The retailer reported a 8.8% decline in UK...
wizz air

Wizz Air upbeat in latest trading update, shares rise

Wizz Air said it expects full-year profits to be towards the higher end of its guidance, according to a trading update released on Tuesday.  The...
Ascent Resources

Ascent Resources shares rise after launching Slovenian appeal

Ascent Resources shares ticked up on Friday after the company announced it is launching an appeal against a decision by the Slovenian government. The oil...
house prices

House prices in England decline for first time since 2012

House prices in England declined for the first time since 2012, according to the latest figures from Nationwide (LON:NBS). The UK's largest building society said...

Debenhams shares crash on £200 million new funding announcement

Debenhams (LON:DEB) has said that it is seeking £200 million of additional funding from its current lenders that would allow the struggling department store...
Brexit

Brexit: The EU grants May extension to avoid no-deal

Uncertainty over Brexit continues, however there was some relief on Thursday after the EU granted Prime Minister Theresa May an extension to Article 50. The...
Ted Baker

Ted Baker profits fall amid CEO departure

Ted Baker reported a fall in profits for the year, amid the recent departure of its chief executive and founder. The retailer said that trading...
Bank of England

Bank of England opt to hold interest rates amid Brexit uncertainty

The Bank of England (BoE) have opted to hold interest rate at 0.75% amid continued Brexit uncertainty. The central bank's monetary policy committee (MPS) unanimously...
Kingfisher

Kingfisher announces departure of chief executive

Kingfisher have announced the departure of its chief executive Veronique Laury on Wednesday, sending shares downwards. Kingfisher had been undergoing a financial transformation plan under...