by Michael Chapman | Oct 27, 2020 | Latest News
Shares in UK-based Reckitt Benckiser and US-based Procter & Gamble (P&G) improved in Tuesday’s trading (20 Oct) as their quarterly earnings highlighted increased demand for household cleaning and laundry products. Reckitt Benckiser, the owner of brands such as...
by Michael Chapman | Oct 19, 2020 | Latest News
The Bank of England (BoE) sent shivers through the banking system on Monday (12 Oct) when it wrote to UK banks asking them how ready their financial systems and infrastructure were for a potential move to zero or even negative interest rates. Britain’s central bank...
by Michael Chapman | Oct 13, 2020 | Latest News
The UK has outlined ‘ambitious’ new targets and investment in offshore wind power to help meet its aim of net zero emissions in 2050. Prime Minister Boris Johnson announced £160m of investment for ports and factories in areas such as Teesside and Humber in England, as...
by Michael Chapman | Oct 6, 2020 | Latest News
UK bakery chain Greggs has warned the outlook for its business remains uncertain due to the impact of the coronavirus pandemic, despite reporting a better-than-expected quarterly trading update. The business, known for its steak bakes, sausage rolls and recent range...
by Michael Chapman | Sep 29, 2020 | Latest News
The UK aerospace engineering firm Rolls-Royce saw its share price tumble on Monday (21 Sept) to its lowest level since 2003, after it confirmed it was considering a fund raising of up to £2.5bn. The company has struggled during the coronavirus pandemic in line with...
by Michael Chapman | Sep 29, 2020 | Latest News
An increase in home improvements and DIY projects during lockdown saw Kingfisher’s adjusted pre-tax profits increase 23.1% in the first half of 2020 to £415m. The parent company of B&Q and Screwfix in the UK, and Castorama in France, said the impact of the...
