All City & finance articles – Page 545
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News
Signet renegotiates loan agreements
Jewellery group Signet has successfully negotiated a new borrowing deal.
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News
City bullish on retail stocks as it focuses on recovery potential
Global stock markets rallied on Tuesday but general retailers’ recent outperformance was not sustained over the week.
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News
February sales figures leave analysts divided
City opinion was divided over whether February retail sales data backed a bull or bear view of the sector’s prospects.
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News
French Connection: finals next week
Spiky Steven Marks’ fashion group posts preliminary results on Wednesday – its first news since last November’s update.
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NewsWeakness of pound means pain lies ahead
Paul Smiddy: I take no solace from the official December and January sales figures. Demand will fall a lot further as unemployment spreads into the wider economy
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News
Profits plunge at Carrefour
International stores giant Carrefour is to cut prices and slash costs after profits slumped last year.
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News
Morrisons profits surge as like-for-likes climb
Morrisons' like-for-like sales climbed 7.9 per cent in the year to February 1, excluding fuel.
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News
Argos sales beat expectations
Home Retail Group has posted better than expected trading at its flagship Argos chain.
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News
Baugur court decision expected today
An Icelandic court will decide today whether to extend battered investor Baugur’s moratorium.
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Opinion
Without Principles
Last week another store chain hit the outer circle of hell known as administration. This time it was Principles and the news is that the stores are to go, but Debenhams will mop up the stock, keeping the brand alive in its branches - for the time being, at least.
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Analysis
Westminster and the high street: Worlds apart?
Politicians seem to treat retail like the forgotten stepchild of UK industry, but are things improving? George MacDonald reports on the state of retail influence in the corridors of power
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OpinionSir Stuart Rose and Tony Shiret: the dream team?
Tony Shiret caused a stir on Monday with a damning note on Marks & Spencer.
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News
Sterling's frailty poses threat to retail stocks
The impact of sterling’s collapse against the dollar threatens to end the retail sector’s share price rally within months.
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Opinion
Only well-led retailers will get backing
In testing times it’s human nature to turn to the knowledge and experience of leaders.
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News
Morrisons: preliminary results next week
Morrisons posts full-year results next Thursday and profits are expected to come in at about 630m.
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News
City remains cynical over retail despite recent rally in non-food
The likely longevity of retail’s recent rally was once again one of the big City talking points.
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News
Dunelm stands by expansion plan after reassuring first half
Value homewares group Dunelm is ploughing ahead with expansion plans after posting robust first-half trading figures.
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News
Interest rate cut to 0.5%
The Bank of England has cut the interest rate to a record low of 0.5 per cent.
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News
Risk Capital raises £75m to take advantage of credit crunch opportunities
Risk Capital Partners, the private equity business co-founded by Luke Johnson, has raised a 75m fund and aims to cash in on opportunities thrown up by the credit crunch.
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News
Tax ruling goes against DSGi
Electricals group DSGi, owner of the Currys and PC World chains, has had a tax ruling made against it.