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  • Campaign for Real Ale hit by drop in visitors to its beer festivals last year, sending group into red

    May 27, 2017 8:52 PM 4

    The Campaign for Real Ale was hit by a drop in visitors to its beer festivals last year, sending the group into the red. The fall-off came despite membership numbers at the organisation climbing by almost 9,000 to 187,000. Turnover at Camra, which is holding the Newark Beer and Cider Festival this weekend, fell slightly to £13.9 million. This reduction

  • Rathbone Brothers plc (RAT) Stock Rating Reaffirmed by Peel Hunt

    May 27, 2017 8:43 AM 11

    Rathbone Brothers plc (LON:RAT)‘s stock had its “add” rating reiterated by equities researchers at Peel Hunt in a research note issued to investors on Thursday, May 11th. They currently have a GBX 2,450 ($31.87) target price on the stock. Peel Hunt’s price target would indicate a potential downside of 3.28% from the company’s current price. A number

  • Sterling hits 3-week low, FTSE gains as Conservative lead slumps

    May 26, 2017 12:27 PM 9

    * Graphic: sterling and gilt yields http://bit.ly/2dgAXn1 * Graphic: World FX rates in 2017 http://tmsnrt.rs/2egbfVh * Graphic: Trade-weighted sterling since Brexit vote http://tmsnrt.rs/2hwV9Hv (Adds more on market view of Labour win, FTSE reaction) By Patrick GrahamLONDON, May 26 (Reuters) - Sterling dived more than half a percent against the dollar

  • Bank Holiday: When is the busiest time on the roads?

    May 25, 2017 11:19 PM 8

    More than 15 million "leisure" car journeys are expected to be made over the spring bank holiday weekend, while rail engineering works also take place. Roads are expected to be busiest on Friday between 13:00 and 20:00 BST. The RAC was expecting the busiest late May bank holiday on the roads in four years with "bumper-to-bumper" congestion. And traffic

  • BA owner attacks Heathrow's plan to build third runway across M25, saying it would add £3bn to 'over-inflated' bill

    May 25, 2017 11:08 AM 4

    The owner of British Airways has attacked Heathrow’s plan to build a third runway across the M25, saying it would add £3bn to an ‘over-inflated’ bill. Willie Walsh, chief executive of IAG, which owns BA, said Heathrow’s third landing strip was over-complicated and would mean extra costs, saying it should be shorter, to make sure it doesn’t breach the motorway

  • Lotus sold to Volvo-owning Chinese firm Geely, as Proton deal hands it Britain’s oldest sports car maker

    May 25, 2017 11:07 AM 5

    One of Britain’s oldest sports car makers, Lotus, is being bought by the Chinese. China’s Geely, which owns the London Taxi Company and Sweden’s Volvo Car Group, is buying a 49.9 per cent stake in Proton, the company that owns Lotus. Lotus, which made a loss of £27.6m in the 12 months to the end of March 2016, is a leader in composite materials and lightweighting

  • UK growth revised down for first quarter to 0.2 per cent as consumer-facing sectors toil

    May 25, 2017 9:30 AM 6

    The British economy slowed more than previously thought at the start of the year as the performance of consumer-facing businesses worsened. The UK's GDP grew by only 0.2 per cent in the first quarter, according to the Office for National Statistics (ONS), down from the preliminary estimate of 0.3 per cent. A slowdown in Britain's dominant services sector

  • UK slowdown worse than feared as GDP growth revised lower

    May 25, 2017 8:33 AM 5

    The UK economy grew by just 0.2% in the first quarter of 2017, lower than an initial estimate of 0.3%, revised official figures show. The Office for National Statistics (ONS) said the dominant services sector - which represents more than three quarters of output - had been weaker than anticipated. It follows growth of 0.7% in the fourth quarter of 2016 and means

  • Dixons Carphone ramping up same-day mobile phone repair service to keep customers coming back to stores

    May 24, 2017 9:07 PM 5

    Dixons Carphone is ramping up its same-day mobile phone repair service to keep customers coming back to stores. The electrical goods giant already offers the ability to fix a phone in some shops, but wants a bigger bite of the market. Offering repairs is part of Dixons Carphone’s attempt to set itself apart from its rivals. It has already said delivery

  • Dixons Carphone posts rise in same-store sales

    May 24, 2017 6:56 AM 6

    LONDON--Dixons Carphone PLC (DC.LN) Wednesday reported a 2% rise in like-for-like revenue during the fourth quarter of fiscal 2017 and lowered the top-end of its underlying pretax profit guidance range. The electrical and telecommunications retailer said group reported revenue for the 16 weeks ended April 29, was up 6% and up 9% for the full year. Like-for-like