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Latest update from Halfords cycles into view, with Redrow full-year numbers also eyed
Day ahead includes trading updates from retailer Halfords Group PLC and packaging firm DS Smith PLC, plus full-year results from housebuilder Redrow PLC
Company
Marks and Spencer Group PLC
LON:MKS
Marks and Spencer Group is a retailer of clothing, food and home products in the United Kingdom. The Company has 622 stores, including Simply Food franchise stores, as well as an international business.
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M&S begins talks with franchise partner for potential purchase of its business in Hong Kong and Macau
M&S said if the discussions conclude successfully, Al-Futtaim would become the new sole franchisee for M&S in Hong Kong and Macau
FTSE 100 finishes in debit as Fed chair Janet Yellen stays mum on policy direction
The FTSE dipped 6 points to 7,401 points after Janet Yellen left monetary policy out of her Jackson Hole speech
FTSE 100 closes up but misses record high
The FTSE 100 index closed 10.79 higher at 7,542. The session peak was 7,549, and the day’s low was 7,518
FTSE 100 finishes 63 points up, boosted by weak pound
Around 3pm, the UK benchmark index was ahead almost 65 points at 7,476, just holding off the day’s peak of 7,484.53 hit after the Bank of England left UK rate unchanged
UBS ups rating for Halfords to ‘neutral’ as it considers the risk/reward to be” more balanced” ahead of a new CEO
The FTSE 250-listed firm announced at the start of May that its current CEO, Jill McDonald, had resigned from the business to take up the position of managing director of Clothing, Home & Beauty at Marks & Spencer PLC
Hammerson reports rise in first half profits but is cautious on Brexit uncertainty
Hammerson's net asset value grew in the first half despite the impact of the Brexit vote on UK retailers
Investments and investor services
FTSE 100 closes down a shade with BT Group plc top dog
Footsie was becalmed throughout the day, leaving the mid-cap FTSE 250 to claim the limelight
Marks & Spencer shares fall further on Societe Generale downgrade after first quarter sales drop
M&S is faced with fierce competition in the UK retail market and weak consumer confidence, Societe Generale has warned
Investments and investor services
FTSE 100 finishes strongly as dovish Fed chair Yellen reassures
The Footsie closed 87.17 higher, or 1.19% to 7,416...
Marks & Spencer's clothing division faces long road to recovery as Brexit hits UK retailers
Marks & Spencer is faced with the pressures of a UK retail slump, fierce competition in the grocery sector and weak consumer spending
Marks & Spencer shares drop after first quarter sales decline, driven by troubled clothing division
Marks & Spencer's first quarter improved on the previous three months, helped by Easter falling later in the year, reduced discounting in its clothing division and growth from Simply Food openings
FTSE 100 closes 40 points down as retailers weigh
The market chose to interpret Broadbent's comments as a vote for the status quo
Archive
Marks & Spencer's struggling clothing unit may improve in first quarter but outlook uncertain
M&S faces a tough UK retail market as consumers become increasingly squeezed by rising inflation and stagnant wage growth
Archive
Marks & Spencer and Burberry both need to regain momentum
Week ahead: Marks & Spencer, Burberry, JD Wetherspoon...
FTSE 100 closes lower as cyber-attack hits global firms; Brexit worries
The FTSE 100 closed down over 12 points at 7,434 on Tuesday
Tesco, Sainsbury's and Morrisons all set to trial ‘Uber-style’ surge pricing
Electronic labelling would allow stores to hike or lower prices at the press of a button
UK retail sector in crisis as consumers face disposable income 'recession' on Brexit woes
The Bank of England expects inflation to exceed 3% in autumn as the pound continues to be weighed by down Brexit worries
Next walloped by Credit Suisse downgrade
“With earnings, margins and cash conversion continuing to fall we regard Next as a value trap.”
FTSE 100 closes 55 down and UK mid-caps plunge; BoE raises prospect of rate rise
FTSE 100 closed down 55 at 7,419 as retail shares took a beating