FTSE 100
This coverage explores how FTSE 100-listed companies intersect with the UK retail sector, providing analysis of financial results, strategic shifts, leadership appointments, and market developments. The reporting is tailored for retail executives and managers seeking to understand the broader economic and competitive forces shaping retail through the lens of major publicly listed businesses.
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Mar- 2020 -10 MarchAnalysis
Banks to help us all out with coronavirus fallout
Once again the business pages on all major news outlets are pretty much dominated by the developing story of coronavirus – every sector has some kind of tale to tell. So here is the roundup from today. RBS said it will allow mortgage holidays for people who are forced to…
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Feb- 2020 -28 FebruaryAnalysis
Coronavirus sends ripples through markets, governments, companies and the public
Apologies for the repetition, but the new coronavirus is causing such a serious global reaction today it would be silly to focus on other things, so here are four key stories about what looks to be developing into a full blown international crisis. The FTSE 100 has lost nearly £200…
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24 FebruaryAnalysis
Global stocks react badly to coronavirus update
It looks like efforts to contain the coronavirus outbreak have not been entirely successful, and stock markets around the world are now beginning to react more profoundly than before. The FTSE 100 was down almost 3.3% at the time of writing, from 7,403 points to 7,159. For those not familiar…
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10 FebruaryAnalysis
Ocado ditches Waitrose; Bill gates orders £500m beast-yacht; Boris to lower immigration wage threshold
A busy start to the week in the business pages. As the coronavirus story unfolds I am reluctant to spend every day providing updates on it, but it is worth noting quickly that there is likely to be some worldwide economic turbulence due to the latest developments. A slew of…
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Jan- 2020 -28 JanuaryAnalysis
Coronavirus dampens markets but boosts mask producers
Some years ago Bill Gates was asked in an interview what future scenario it was that kept him awake at night. To the surprise of the interviewer, he did not say climate change, or financial collapse, or nuclear war. He said he most afraid of the next major pandemic, in…
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15 JanuaryAnalysis
Boohoo more valuable than M&S – a sea-change encapsulated
From a purely journalistic standpoint it is now a de facto cliché to refer to Marks and Spencer as the “high street bellwether”, yet that is the status it has held for so many decades. The once mighty monolith was the first British retailer to reach a market capitalisation of…
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15 JanuaryHigh Street
Moody’s downgrades M&S credit score to negative
Moody’s has downgraded Marks and Spencer’s outlook from stable to negative after it reported a 0.7% decline in revenues in its third quarter of the current financial year to £3bn. In referencing the decision Moody’s said that the “continued decline” in Marks and Spencer’s clothing and home like-for-like sales, which…
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Dec- 2019 -11 DecemberAnalysis
Small business owners dip into personal wealth to survive? Of course they do
We are living through an era where there is much discussion about capitalism, taxes, executive pay and so on. Is Philip Green a monster for raiding the BHS coffers when they were his to raid? Is the pay of a city CEO morally acceptable when his lowest paid workers are…
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Nov- 2019 -6 NovemberHigh Street
Profits plummet at M&S as clothing sales slide
Marks and Spencer has announced a 17% drop in profits to £176.5m for the first half of the financial year, with continued slumps in clothing sales affecting the high street giant. The first six months of the financial year saw a decline of -5.5% in like-for-like clothing sales, despite the…
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Sep- 2019 -6 SeptemberClothing & Shoes
Monsoon in legal battle with British Land over CVA plans
Monsoon is facing a legal battle with FTSE 100 property company British Land over its CVA plans. According to Sky News, the owner of Meadowhall shopping centre in Sheffield filed a challenge to block Monsoon’s restructuring plans which will see rents cut by between 25% and 65% across just over…
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