Latest News Articles
 The index has breached the psychologically important barrier for the first time in five-and-a-half years. |
FTSE breaks through 6,700 points Despite slipping lower in early morning trading, the FTSE 100 index soared above 6,700 points for the first time since October 2007 today (May 17th). The initial slump was caused by investors reacting to comments from US Federal Reserve officials suggesting the country's central bank is looking to scale back its asset-purchasing programme. However, the announcement of a deal between supermarket chain Morrisons and online grocery delivery service Ocado boosted the blue... |
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 It is the last of the big four UK supermarkets to develop an online presence. |
Morrisons agrees online grocery deal with Ocado Morrisons, the UK's fourth most popular supermarket chain, has today (May 17th) announced it has agreed a deal with internet grocery delivery service Ocado to establish an online retailing presence. The company's operations have been hit in recent times by the fact each of its main rivals - Asda, Tesco and... |
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 A further 1,400 job cuts have been cut at RBS. |
RBS announces 1,400 job cuts Royal Bank of Scotland (RBS) has announced that it will roll out another 1,400 job cuts at its retail banking head office over the next two years. The struggling financier, which is 80 per cent owned by the government, confirmed it is set to dismiss even more workers after announcing more than 35,000 redundancies since it was bailed out after the financial crisis. Economists have predicted the job losses will be rolled out at the company's offices in Edinburgh, reports BBC... |
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 Share prices for Dixons Retail have increased after the company revealed sales at Currys and PC World had risen. |
Dixons share price up on sales data Shares in Dixons Retail have increased in value during early trading today (May 16th), as investors reacted positively to promising sales data at Currys and PC World. As of 09:19 BST, the company's stocks had increased by 5.83 per cent to 38.64p per unit - representing a rise of 2.13p - following news activity at the technology stores had advanced by four per cent in the 12 months to April. Economists suggested the improvement could mean underlying profits will stand at the... |
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 Amazon's share prices have fallen amid speculation the company could face questioning over its UK tax payments. |
Amazon paid £2.4m tax in 2012 Shares in retail giant Amazon fell at close of play on Wall Street yesterday (May 15th), as it emerged the company may face questioning over the amount of tax it paid for its UK operations in 2012. |
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