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Wed Oct 17 - 9:24:57
Tags John-Paul Ford Rojas

Tag: John-Paul Ford Rojas

Flybe warning as consumer demand weakens

The stock plunged by as much as 35% in early trading as the regional carrier pencilled in a full-year pre-tax loss of £12m - compared to a forecast from one analyst that it would make a £7m profit

Housebuilder Crest Nicholson issues profit warning amid Brexit uncertainty

It said the market environment for new homes in London and for higher-end properties in the south of England had been tougher than anticipated

Wage growth at strongest level for nearly a decade

The Office for National Statistics (ONS) also said unemployment fell by 47,000 to 1.36 million while the unemployment rate remained at a 43-year low of 4%

Paddy Power Betfair fined £2.2m over gambling check failings

A Gambling Commission investigation found that the bookmaker fell short on interacting with customers who showed signs of problem gambling and on carrying out anti-money laundering checks

Superdry feels the heat in £18m profit alert

Shares lost 21% of their value on Monday after it said "unseasonably hot" conditions in the UK, Europe and on the US East coast - continuing from the summer into the autumn - had "significantly affected" demand for products such as jumpers and jackets

Wall Street plunges again as global market rout deepens

New York's Dow Jones Industrial Average closed more than 500 points, or 2%, lower during Thursday's session - while earlier in Britain the FTSE 100 saw £36bn wiped off the value of its constituent companies

OBR likens potential no-deal Brexit impact to three-day week

The independent Office for Budget Responsibility (OBR) said those events - when the UK was hit by industrial disputes and energy shortages - did not provide a direct parallel with what could happen in a disorderly Brexit

Patisserie Valerie owner warns on future as crisis deepens

Patisserie Holdings issued the bleak update a day after it revealed that it had learned of "potentially fraudulent accounting irregularities" resulting in the misstatement of its financial position, and suspended trading in its shares

Asian markets down following Dow Jones slump as business confidence wanes

Japan's Nikkei lost 3.9% to hit a ten-month low, while the Shanghai index fell 4.3% to its lowest point since late 2014

Historic tyre maker to axe 300 jobs as production moves overseas

Cooper Tire Europe (CTE) said it had begun a consultation about ceasing light vehicle tyre production at its factory in Melksham, Wiltshire, which employs 732 people