Laura Chesters is stock market reporter and covers the luxury goods sector on the business desk at The London Evening Standard, i, The Independent and The Independent on Sunday.
20 November 2013 12:00 AM
Investors in Enterprise Inns raised a glass yesterday as sales increased. News of the 0.6 per cent rise in the final quarter of the pub group's financial year accompanied a full-year pre-tax profit of £121m – flat on the previous year. The shares soaked up a 16p rise to 154p, which meant founder and chief executive Ted Tuppen was able to go out on a high.
18 November 2013 11:55 PM
Petrofac played the ugly sister to the Kentz Cinderella story yesterday as the oil services groups produced staggeringly different results.
18 November 2013 01:04 AM
As winter nights draw in, more of us will be sat in front of the telly, and tomorrow broadcaster ITV will update the City on how much advertisers have been paying to sell their wares through the goggleboxes of the nation.
16 November 2013 01:34 AM
Shares in the anti-submarine warfare specialist Ultra Electronics dived yesterday as US defence cuts began to hurt. But Ultra is in good company – its warning on delayed US deals follows similar alerts from peers Cobham and Meggitt.
15 November 2013 12:00 AM
Punters were warned cheap supermarkets will remain a threat to the UK's established grocers so Tesco and Morrisons stock were off the shopping list yesterday.
Market Report: Sherborne sold nearly all its 5 per cent stake in 3i, making a 38 per cent gross return
14 November 2013 12:00 AM
Simon Burrows, the chief executive of private equity group 3i, was no doubt glad to see the back of activist investor Edward Bramson and his Sherborne Investors yesterday – even if he turned out to be less aggressive than feared.
13 November 2013 12:00 AM
Traders' chat was largely focused on a telecoms-to-TV group with a set of figures worth talking about yesterday. TalkTalk said it had added 167,000 customers to its TV business in the second quarter, putting it on track for nearly 1 million by its financial year end.
12 November 2013 01:13 AM
The discovery of a black hole in RSA’s Irish accounts sent its shares tumbling yesterday. The insurer suspended three executives at its Irish business late on Friday and warned profits will take a £70m hit this year – its second profit warning in a week.
11 November 2013 06:00 PM
A high court row over the rights to use a famous 1960s Savile Row tailoring brand has been lost by Conservative Party vice-chairman Alan Lewis.
11 November 2013 12:37 AM
We have heard quite a bit from the housebuilders recently, but this week it is the big property groups’ turn – the developers of great chunks of offices and shopping centres across the land.
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