By Bryce Elder and Neil HumeCarphone Warehouse was in focus yesterday amid growing speculation about a major strategic overhaul. Dealers said the retail group could outline plans to hive out its TalkTalk broadband services...
By Tom Braithwaite, Retail Correspondent Woolworths is being forced to demand cash up front for millions of pounds’ worth of Christmas goods in a dramatic sign of how the credit crisis is spreading into the broader economy. The...
By Neil Hume and Bryce Elder Admiral, the car insurance group, bucked the weak market trend that saw the FTSE 100 extend its losses over the past two sessions to 221 points. Its shares rose 2.6 per cent to 995p on news that...
By Bryce Elder and Neil Hume Peter Hambro Mining slumped on fears it could cut production for a second time this year. The Russia-based gold producer lost 22.7 per cent to 222p after HSBC highlighted an independent audit...
By Bryce Elder and Neil Hume A trading glitch left Legal & General as the unlikely best performer as the FTSE 100 moved higher for the first day in three. The insurer surged by 124 per cent in the closing auction, which finds...
FT.com - When the Bank of England slashed interest rates to their lowest level in 53 years on Thursday, the members of its monetary policy committee were probably not expecting the market to fall almost 6 per cent. The fact...
By Bryce Elder and Neil Hume Property developers were among the sharpest decliners yesterday as the FTSE took no support from the Bank of England's unexpectedly aggressive rate cut. Hammerson sank 9.4 per cent to 715p and...
By Bryce Elder and Neil Hume Rolls-Royce was among the sharpest fallers yesterday as the London market broke a six-day winning streak. The jet-engine maker slipped 4.7 per cent to 325p after "sell" advice from UBS, which...
By Bryce Elder and Neil HumeRolls-Royce was among the sharpest fallers yesterday as the London market broke a six-day winning streak. The jet engine maker slipped 4.7 per cent to 325p after "sell" advice from UBS, which...
By Neil Hume and Bryce Elder The London market’s winning streak continued on Tuesday, with the FTSE 100 registering its sixth straight day of gains to finish at its highest level in a month. With oil and commodity stocks...