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...
Bloomsbury Publishing

Bloomsbury Publishing rallies after trading update

Bloomsbury Publishing ticked up on Tuesday after the company published a trading update, confirming it was on-track to meet expectations.  The publishing firm said that...
Mosman Oil and Gas

Mosman Oil and Gas commences drilling at Stanley-2, shares up

Mosman Oil and Gas announced it had commenced drilling at Stanley-2 in Texas, causing shares to bounce during Tuesday trading. The oil exploration and development...
bonmarche

Bonmarché shares fall after profit warning

Bonmarché shares fell on Tuesday after the retailer issued its third profit warning in six months. The retailer warned losses could reach up to £5 to...
Office Outlet

Office Outlet collapses into administration

Office Outlet is entering administration, placing 1,200 jobs at the stationary retailer at risk. The retailer, which previously was known under the Staples chain, has...
Interserve

Interserve to go into administration after shareholders reject rescue plan

Interserve is set to go into administration after shareholders rejected a restructuring plan. Shareholders, including its largest stakeholder US hedge fund Coltrane, voted against the proposal...
facebook

Facebook loses two senior executives

Facebook announced the departure of two senior executives on Thursday, sending shares lower. Facebook chief executive Mark Zuckerberg confirmed that both chief product officer Chris Cox...
dfs

DFS interim sales rise but warns on 2019 outlook

DFS Furniture said sales and profits rose for the first-half of the year, however the furniture retailer warned amid a "challenging market" for 2019. The...
Stilo International

Stilo International reports full-year results, shares plunge

Stilo International reported its full-year results for the year to December end on Thursday, sending shares downwards. The company, which focuses upon developing software tools...
mothercare

Mothercare to sell Early Learning Centre for £13.5bn

Mothercare has agreed to sell its Early Learning Centre brand for £13.5 billion, amid a mass company restructuring and refinancing. The retailer, which has been...
Acacia Mining

Acacia mining confirms spillage incident at North Mara mine

Acacia mining confirmed news of a water spillage at its North Mara mine in Tanzania, sending shares lower on Friday. The gold miner said that the...
airbnb

Airbnb buys last-minute hotel booking service HotelTonight

Airbnb is set to acquire HotelTonight, a last-minute booking service, ahead of an anticipated IPO listing. The move will push the platform into the hotel...
Alfa Financial Software

Alfa Financial Software shares rise on final results

Alfa Financial Software shares gained during Thursday trading after the company posted its final result for 2018. The financial software developer said revenue and profit...
John Lewis

John Lewis cuts staff bonuses as profits slide

John Lewis has cut staff bonuses as profits fall amid a "challenging" trading environment. The John Lewis Partnership, which includes the Waitrose supermarkets, said its...
Forbes

Forbes richest: Kylie Jenner beats Mark Zuckerberg to become the youngest billionaire ever

Kylie Jenner, 21, has become to the youngest ever billionaire, according to the latest world rankings by Forbes.  Jenner, who comes from the famous Kardashian-Jenner...
BMW

BMW may move Mini operations out of UK in event of no-deal Brexit

BMW has warned it may be forced to move its Mini operations out of the UK in the event of a no-deal Brexit. BMW board...