Stocks & oil rise on US vaccine optimism
Markets start the week in a positive mood around vaccine optimism.
As America’s drug regulator gave full approval...
Hostelworld revenues down 76%
Hostelworld has reported a 76% fall in revenues for the first six months of 2021.
As travel restrictions...
Deliveroo revenues soar as lockdown eases
Deliveroo revenues soared 82% for the first half of the year to £922m.
The strong results show that people...
Deliveroo shares jump as Delivery Hero buys stake
Deliveroo shares jumped after online rival, Delivery Hero, bought a 5% stake in the group - worth £284m.
Flutter Entertainment reports 99% growth in revenues
Revenues at Flutter Entertainment have soared 99% in the past six months.
In the six months to 30...
Ryanair passenger numbers double
New data from Ryanair has revealed that the number of passengers it flew in July doubled.
Passenger numbers...
Sweaty Betty sold to US company
The upmarket sports clothing retailer, Sweaty Betty, has been sold to US-based Wolverine Worldwide for almost £300m.
The retailer...
Mike Ashley expected to step down
Mike Ashley is expected to step down as the chief executive of Frasers Group.
The decision will be announced...
BP announces 4% increase in dividends, shares rise
BP's second-quarter profits hit $28bn - higher than analyst expectations, leading the group to announce a 4% increase in dividends.
Lloyds swings to profit
Lloyds Banking Group has swung to a profit thanks to a booming housing market and recovering economy.
The...
Big tech firms report record results amid pandemic
Big tech groups Apple, Microsoft and Google have all reported record-breaking results.
Google’s parent company, Alphabet, reported second-quarter revenue...
Tesla Q2 profits top $1bn
Tesla has posted profits of more than $1bn in the last three months.
The high profits were despite...
Moonpig sales double
Moonpig has posted its first profits since being listed on the London Stock Exchange.
Profits and sales both...
MPs urge to add supermarket staff to isolation exemption list
Industry leaders and MPs are calling on the government to include supermarket staff, lorry drivers and other essential workers as people are...
Netflix misses analyst expectations
Netflix has missed its growth forecasts in the last quarter, adding 1.54 million new subscribers instead of the 1.75 million that analysts...
Next increases financial forecasts
Next has seen in growth of sales amid the heatwave and store reopenings, leading to the group upping its full-year financial forecasts.
Vaccine passports to be mandatory in nightclubs
Vaccine passports will be compulsory for people wanting to attend nightclubs and mass events from September.
High levels of...
Burberry reports growth in revenue
Burberry reported strong sales in the three months to the end of June, despite covid restrictions and closed stores.Burberry reported strong sales...
British Land optimistic as footfall grows
British Land has welcomed a “notable improvement in activity”.
The group said it was able to collect 99% of...
Retail sales jump as restrictions ease
The lifting of Covid restrictions has led to the UK's best quarter for retail sales.
Retail sales surged...
