DGE, ART, GUS: Liquor stocks in focus as sales rise in April
Highlights: The retail sales volume for alcohol and tobacco rose by 8.4% in April. Despite the inflation squeeze, people flocked to stores to buy alcohol and cigarettes, the latest ONS data has revealed. The overall retail sales in the UK saw ...
- May 21, 2022 12:01 AM BST
- Abhishek Sharma
BP., SHEL, HBR: Oil giants say no to windfall tax, should you buy these stocks?
Highlights Amid the rising demand for a windfall tax, the oil and gas industry has rejected the imposition of the one-off levy. The tax could potentially raise around £8 billion from the sector and an additional £5 billion in t...
- May 20, 2022 03:32 PM BST
- Rishika Raina
UK market bounce back, retail sales jump unexpectedly in April
UK Market News: The UK stock market made a strong bounce back on Friday, tracking an upbeat mood in Asian markets after China announced a cut in its key lending rate. A sharper than expected 15 basis points cut is expected to support the slowing econ...
- May 20, 2022 03:24 PM BST
- Priya Bhandari