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Editorial
Milestones: An Early Timeline Of Debenhams Plc
April 12, 2019 02:16 AM AEST| By Team Kalkine MediaThe UK based departmental store, Debenhams Plc is at the verge of administration after it decided to discard the offer from Sports Direct’s chief Mike Ashley, made in the early hours of Tuesday to infuse £200 mn into the departmental store. The bill...
High-Street Retail Sales In The UK Stood At Its Lowest Level In March 2019
April 10, 2019 11:18 PM AEST| By Team Kalkine MediaBritain’s high-street sales slowed considerably in March as growing uncertainties around a no-deal Brexit made buyers more cautious. Retailers based out in the UK raised concerns that uncertainty around the Brexit is pulling consumers back from plac...
Is the Era Of Self-Regulation In The Technology Sector Over Now?
April 09, 2019 11:25 PM AEST| By Team Kalkine MediaTechnology companies in Britain are experiencing new rules, sanctions and surveillance from an independent regulatory body as the British government articulated the "era of self-regulation" in the sector to be over. Lawmakers across the major econom...
Tobacco Stocks Tumbled After US FDA Warned for Epilepsy Risks
April 06, 2019 03:37 AM AEDT| By Team Kalkine MediaTobacco stocks listed on the London Stock Exchange plummeted lately after US Food & Drug Administration (FDA) announced that it is investigating reports over several years of e-cigarette witnessing epilepsy. Food and Drug Administration of the US...
Falling Service Sector Signals Looming Economic Downturn
April 06, 2019 03:22 AM AEDT| By Team Kalkine MediaThe British economy is at risk of falling into a deepening downturn after stalling in the first quarter, as political uncertainty is choking off growth in the UK economy with activity slipping to its weakest for six years. The closely watched IHS Mar...
Amid Charges Of Cover-Up By HMRC, MPs Calls For A Delay To Loan Charge
April 05, 2019 08:55 AM AEDT| By Team Kalkine MediaBritish Members of Parliament investigating a new loan charge, which is set to come into force on Friday and will tax at least 50,000 contractors, have described it an attempt by HM Revenue & Customs to cover up its past failures. The MPs have ac...
Fixed-Line Service Provider BT Group’s Restructuring Plan Witnessed Rejection From Its Union
April 04, 2019 11:31 PM AEDT| By Team Kalkine MediaBT Group plc (BT) is a telecommunications services company that offers voice and data services. The company’s services portfolio comprises of managed network IT services, fixed voice and data, mobility, television, connectivity, and broadband service...
Brexit Alternatives Fail To Gain Support, Brexit Still In Limbo
April 04, 2019 07:59 AM AEDT| By Team Kalkine MediaThe British Parliament failed yet again on Monday to break the Brexit impasse after MPs still were unable to reach a consensus on an alternative to Theresa May's Brexit deal. With only ten days left before the country's scheduled departure from the E...
Minimum Wage Marks 20 Years Without Damaging Jobs
April 04, 2019 02:52 AM AEDT| By Team Kalkine MediaIn the mid-1990s, a UK employer could advertise an opening for a security guard on an hourly wage of just £2. Twenty years on from the introduction of a national minimum wage, such miserly job offers are the things of the past. An adult rate set in...
Positive Chinese Data Drives FTSE Higher
April 04, 2019 01:50 AM AEDT| By Team Kalkine MediaBritish shares started the second quarter on a positive note on Monday, propelled by unexpectedly upbeat data from China and progress in U.S.-China trade talks. UK markets joined the global rally, rising by as much as 1 per cent, before ending 0.5 pe...
BREXIT Update: MPs Again Voted Down Theresa May's Deal
April 03, 2019 03:34 AM AEDT| By Team Kalkine MediaIn a parliamentary vote which was scheduled on March 30, the House of Commons again thrashed Prime Minister Theresa May’s Brexit agreement for the third consecutive time by 344 to 286. Theresa May defeated by a margin of 58, it indicates that Britain...
Barclay’s Management Reshuffle Leads to Ouster of Investment Bank’s Boss
April 01, 2019 09:48 PM AEDT| By Team Kalkine MediaTim Throsby, who was brought in with great fanfare from a bigger US rival JPMorgan in 2017 to lead Barclays' international division and investment bank and had a reputation for being aggressive, is leaving the UK bank after little more than two years...
Are Companies Not Ready For Brexit?
March 30, 2019 09:34 AM AEDT| By Team Kalkine MediaThe British Chambers of Commerce in Germany (BCCG), which includes British companies with the corporate headquarters in Germany and German companies with corporate headquarters in the United Kingdom, has warned that the economic relationship between...
Challenges Faced By UK Travel Companies
March 29, 2019 06:28 AM AEDT| By Team Kalkine MediaIt has been a challenging year for the UK travel industry. Due to Brexit effect, peak booking period for summer holidays in January was weaker than usual and consumers are holding off their travel plans. Last summer’s heatwave encouraged the majority...
Gigantic Sales Growth Is Driving Fevertree Drinks Plc’s Stock On The London Stock Exchange
March 29, 2019 01:59 AM AEDT| By Team Kalkine MediaFevertree Drinks is engaged in developing and supplying of premium mixer drinks. The company offers four variants of tonic water, two variants of ginger beer, three variants of lemonade, and one variant each of ginger ale, soda water and cola to hote...
Despite Looming Brexit, UK Retail Sales Rose Unexpectedly
March 28, 2019 11:40 AM AEDT| By Team Kalkine MediaAccording to the latest report published in March by the Office of National Statistics, there had been a surprising increase in the retail sales in March despite looming Brexit. It seems like British customers have completely forgotten the Brexit unc...
Are Things Turning Sour For Theresa May's Plans
March 28, 2019 03:33 AM AEDT| By Team Kalkine MediaTheresa May’s government experienced another political defeat on Monday night, as members of the House of Commons voted to take control of the Brexit time table from the conservative government on Wednesday, to exercise a series of indicative votes t...
Retail Investors Creating Pressure Over RBS Governance
March 26, 2019 08:21 PM AEDT| By Team Kalkine MediaThe Royal Bank of Scotland Group plc (LSE: RBS) offers personal, premier, business, and international banking and related financial services through two major subsidiaries: The Royal Bank of Scotland and NatWest. Personal banking comprises accounts,...
Theresa May Continues To Linger On, But For How Long?
March 26, 2019 07:38 PM AEDT| By Team Kalkine MediaBritish Prime Minister Theresa May seemed to have successfully averted challenges to her leadership on Sunday but struggled to win the support of some of the fierce Conservative opponents for her Brexit plans during a difficult weekend that raised do...
What Happened At The Latest EU Summit?
March 23, 2019 11:35 AM AEDT| By Team Kalkine MediaAt a summit in Brussels on Thursday, the EU leaders have postponed the Brexit cliff-edge back until April 12. This provides the British Prime Minister, Theresa May, a tight window to secure MPs' backing for her deal, and hence, decide whether to leav...
AI on the Rise: A Look at Top AI Companies and Their Stocks