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UK Based Consumer Businesses Continue to Look for Cost Cutting Measures
September 24, 2020 01:50 PM BST| By Team Kalkine MediaSummary Consumer businesses are making all efforts to remain afloat during the pandemic Fear of the second wave of Coronavirus in the winter is prompting businesses to reduce costs SSP Group is expected to take decisive and rapid action to red.....
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Sanofi-GSK Signs Another Major Vaccine Deal with the EU For 300 Million Doses
September 24, 2020 01:10 PM BST| By Team Kalkine MediaSummary Sanofi-GSK entered a deal with the European Union for supplying as many as 300 million doses of their Coronavirus vaccine The vaccine candidate being perused by Sanofi and GSK is getting increased attention by governments worldwide beca.....
Supermarkets like Tesco and Morrison reassure customers of sufficient supplies amid lockdown fears
September 24, 2020 01:10 PM BST| By Team Kalkine MediaSummary The United Kingdom is witnessing a surge in Covid-19 cases since August 2020 The recent spike has pushed UK to report highest single-day cases since 7 May 2020 News of the second wave of infections has provoked Britons to stockpile nec.....
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Fintech Firms Start Hedging for No-Deal Brexit, Revolut Moves Business Customers to Lithuania
September 24, 2020 04:20 AM BST| By Team Kalkine MediaThe coronavirus pandemic has resulted in severe loss across the sectors. The UK witnessed a huge surge in job redundancies due to lockdown induced by the unprecedented crisis. Since July, the businesses across the sectors have reopened with support.....
Redundancies Start Pouring in Ahead of New Restrictions, Whitbread and Wetherspoon announce Job Cuts
September 23, 2020 09:23 PM BST| By Team Kalkine MediaSummary Government announced a series of new restriction to contain the spread of the Coronavirus Prime Minister has warned that if the R rate does not go below 1, then tighter restrictions can follow All businesses selling food or drink alon.....
Select FTSE 250 Stocks Investors Should Be Looking for A Mid-Cap Strategy
September 23, 2020 02:11 PM BST| By Team Kalkine MediaMid-cap stocks are a good place to look for to find value stocks in a volatile market situation. These stocks generally exhibit a lesser degree of volatility than the small-cap stocks and can be accumulated for long term gains. Here we look at five.....
Tesco Bolster Its Green Initiative, Joins UK Electric Fleets Coalition
September 23, 2020 02:11 PM BST| By Team Kalkine MediaSummary On the very first day of the Climate Week NYC, major climate commitments and messages were delivered Tesco Plc, the UK’s biggest supermarket chain joining the UK Electric Fleets Coalition, a group of now 27 big corporates The com.....
2 FTSE Listed Food & Beverage Stocks to Look at: Hotel Chocolat Group & Finsbury Food Group
September 23, 2020 02:11 PM BST| By Team Kalkine MediaSummary Hotel Chocolat Group reported revenue of £136 million, which was increased by 3 percent year on year. The Company had reported strong performance through digital channels. Finsbury Food Group generated revenue of £306.3 mil.....
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5 Penny Stocks Under the Limelight- 7DIG, UFO, ALBA, EVE REDX
September 22, 2020 10:57 PM BST| By Team Kalkine MediaSummary Penny stocks can be a good investment, but at the same time risky as well One can still make money trading penny stocks smartly and having an idea as to what to look for Some of the penny stocks have given massive return, 7digital.....
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British Outsourcer Serco Looking for Acquisition to Beat the Market Blues
September 22, 2020 08:47 PM BST| By Team Kalkine MediaSummary Given the less outsourcing business available, many firms are seeing their businesses shrink to unsustainable levels. Serco’s primary business, of providing outsourcing services to public sector and the government has come under p.....
Pandemic Headwinds on Two Travel & Leisure Stocks - TUI AG and Saga PLC
September 22, 2020 02:11 PM BST| By Team Kalkine MediaSummary TUI AG catered to 1.4 million customers for a holiday between mid-June and August 2020. Booking cancellation increased due to the recent changes in the government's travel-related policies. Saga PLC generated revenue of £192.4 mi.....
Pub and Restaurant Stocks Heave A Sigh of Relief with Government Not Going for A Lockdown
September 22, 2020 05:11 AM BST| By Kunal SawhneyThe woes of UK’s hospitality industry don’t seem going to get over soon. When all seemed returning to normal, the rapid rise in new Coronavirus cases has forced the government to tighten the measures to contain the spread. Prime Ministe.....
Investor rebellion at Ryanair over chief executive’s pay
September 21, 2020 10:26 PM BST| By Kunal SawhneySummary Investors of Ryanair Holdings revolted over huge pay of the airline’s Chief Executive, Michael O'Leary. Investors refused to support a massive pay package of £3.2 million to the airline’s boss in the financial year end.....
Performance Review of Two FTSE-100 Listed Media Players: Informa PLC & Pearson PLC
September 21, 2020 02:11 PM BST| By Team Kalkine MediaSummary Informa PLC reported revenue of £814.4 million in H1 FY2020, which was declined by 42.1 percent year on year. The business performance was impacted due to the cancellation of the physical events. Pearson PLC reported revenue of &.....
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Medicinal Cannabis Companies Get Regulator’s Go Ahead to List On LSE
September 21, 2020 01:25 PM BST| By Team Kalkine MediaSummary The Financial Conduct Authority has allowed Medicinal Cannabis Companies to list on LSE The use of cannabis for recreation activities continue to remain strictly prohibited In recent times, realising the medical importance, several cou.....
Surge in Demand Lead UK Housebuilders to Consider Resuming Dividend
September 21, 2020 01:15 PM BST| By Team Kalkine MediaDividend seeking investors were left heartbroken after witnessing an unprecedented loss of wealth erosion due to the onslaught of the coronavirus pandemic. Many A-listers such as BT Group Plc (LON: BT.A) and Barclays Plc (LON: BARC), had slashed or.....
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HSBC’s Ponzi Scam Return to Haunt with A Major Global Money-Laundering Scandal
September 21, 2020 01:10 PM BST| By Team Kalkine MediaSummary UK’s largest bank HSBC has been alleged of profiting from powerful and dangerous players since last two decades despite red flags about the origin of those funds. The role of the bank in the scam came to light after suspicious act.....
How Are the Frontrunners Faring in The Vaccine Race?
September 20, 2020 05:35 AM BST| By Kunal SawhneyWith every passing day, the race for the coronavirus vaccine is intensifying as most of the major vaccine candidates in the world have entered their third phase of clinical trials. It was the Russian vaccine Sputnik V developed by the Gamaleya Rese.....
Why is the share price of Carnival falling?
September 20, 2020 01:20 AM BST| By Team Kalkine MediaSummary The share price of Carnival plc was trading 6.71 lower on 18 September from its previous day’s close. The British-American company announced cancellation of cruise journey for one of its prominent brands, P&O Cruises. In its .....
End of Tax-Free Sales at Port of Entry to Further Impact the UK Retailers
September 19, 2020 03:01 PM BST| By Kunal SawhneySummary UK Government has announced to end tax-free sales at port of entry from 1 January 2021 Overseas travellers would not be able to make tax-free purchases and claim VAT refunds on shopping products from the United Kingdom High street sto.....
