Skip to main content
The Markets by Proactive
Go to Proactive UK
Proactive UK has moved. Proactive’s coverage of London’s small caps continues on proactiveinvestors.com Go there →
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Archive

FTSE down, JD Wetherspoon up - Market Report

FTSE down, JD Wetherspoon up - Market Report

The FTSE 100 opened lower this morning, with all but a select few companies losing ground.

Engineers Smiths Group (LSE:SMIN) was one of them, after it raised its guidance for 2023 because of record-growth so far.

Elsewhere BoE governor Andrew Bailey isn’t ruling out further interest rate hikes after yesterday’s rise to 4.25%.

Pub giant JD Wetherspoon is getting the weekend started early, reporting a £4.6mln profit in the half-year to January, compared to a £26.1mln loss in the same period last year.

And Europe’s largest tour operator Tui has launched a €1.8bn share sale ahead of the Easter travel season, as it looks to tackle its debts - which sat at €3.4bn in September.

That’s all for this morning and indeed for this week. Today’s report was written by Josh Lamb and presented by me, Thomas Warner.

Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK