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The Hut Group (LON: THG) completes Cult Beauty acquisition
August 05, 2021 08:29 AM BST| By Kamalika GhoshSummary The Hut Group completed the takeover of Cult Beauty, a pure-play online beauty retailer for £275 million. The acquisition of Cult Beauty takes THG’s acquisition spree to over £854 million since its IPO in Septemb.....
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Airline stocks and the new quarantine relaxations by the UK DoT
August 04, 2021 04:40 PM BST| By AbhijeetNew quarantine laws released by the Department for Transport (DoT) permit fully vaccinated UK travellers to return from amber list countries without the need for mandatory quarantine from August 2021. Mandatory quarantine laws have also been relaxe.....
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FTSE travel stocks react positively to Sunak’s urge to ease travel rules
August 02, 2021 11:24 AM BST| By Suhita PoddarSummary UK’s chancellor Rishi Sunak urged the UK government to ease quarantine rules in order to remain competitive with its international counterparts. The UK government has a key travel restrictions review meeting on 5 August The creat.....
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Focus on 3 FTSE aviation stocks as the UK set to scrap isolation rules
July 29, 2021 10:39 AM BST| By Suhita PoddarFully vaccinated travellers arriving from the United States or from the European Union will not be required to self-isolate after coming to the UK starting from next week, said the UK government. The rule change comes into effect from 4 PM GMT+1 o.....
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Reckitt Benckiser shares crash to 16-month low as Q2 sales dive 8%
July 27, 2021 02:43 PM BST| By AbhijeetSummary Reckitt Benckiser shares crashed 10% on Tuesday, 27 July The stock extended losses after opening 7% lower in the wee hours of trading Net revenue of company slipped 8.2% to GBP 3,092m in Q2 FY21 Shares of Reckitt Benckiser P.....
Phillip Morris’s boss vows for cigarettes free world in 10 years: Needle on 2 FTSE tobacco stocks
July 26, 2021 09:46 AM BST| By Kamalika GhoshSummary Marlboro cigarettes would not be available in England within ten years, CEO of its maker Phillip Morris International Jacek Olczak said. Olczak said non-smoking alternatives with the right information and rules can replace cigaret.....
Fintech unicorn Revolut enters travel industry after fresh round of funding
July 25, 2021 03:10 PM BST| By Kamalika GhoshSummary UK’s leading fintech company, Revolut, has entered the travel industry with its new ‘Stays’ feature. Recently, its valuation has touched £24 billion, making it the second largest fintech in Europe. Following.....
Why Hotel Chocolat’s (LON: HOTC) shares are buzzing
July 23, 2021 09:10 AM BST| By Suhita PoddarUK-based chocolate maker Hotel Chocolat Group PLC (LON: HOTC)’s shares continued their decline for the second day, reacting to further announcement of the completion of its equity fundraising. A day after the company announced it was plannin.....
All about Hyundai new EV: Ioniq 5
July 23, 2021 09:09 AM BST| By Kamalika GhoshSummary The EV pack supplies 77.4 kWh and can be charged up to 80% within 18 minutes. Set on the new Electric Global Modular Platform (E-GMP), the vehicle is 4,635mm long and 1,890mm wide. South Korea's Hyundai Motor Group is on a ro.....
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5 FTSE travel stocks reeling under pressure with the rise in Covid cases
July 20, 2021 03:26 PM BST| By Kamalika GhoshSummary Global indices were down on concerns regarding the resurgence of Covid-19, high inflation, and high commodity prices. Stocks like Carnival, TUI, among others, are trading at discount despite the UK removing all restrictions. EasyJe.....
EasyJet’s (LON: EZJ) shares tumble 6.62% on Covid-19 woes
July 20, 2021 08:07 AM BST| By Kamalika GhoshSummary EasyJet’s share price fell 6.62 per cent on 19 July as pandemic fears rattled the UK stock market. The shares are trading 29.68% lower than the 52-week high reached on 7 May 2021. For the six months ending 31 March 2021, co.....
What are the top 10 FTSE technology stocks?
July 11, 2021 01:20 AM BST| By Suhita PoddarSummary Tech stocks have gained favour amid the pandemic due to companies heavily relying on technology to manage an uncertain economic environment. The LSE has seen a rise in the listing of tech IPOs since 2020. Technology stocks in the U.....
Why these five travel stocks are flying high
July 09, 2021 02:29 PM BST| By Kamalika GhoshSummary Travel from the UK will become quarantine-free from 19 July onwards for the fully vaccinated people. After the announcement, amber list destinations bookings for holidays increased by almost 400%. UK government has announced that f.....
Spotlight on 3 Covid-sensitive stocks as Delta cases rise
July 09, 2021 11:02 AM BST| By Suhita PoddarSummary The UK reported a sudden spike in the delta variant cases as compared to the previous week. One of the reasons for the sudden spike in cases is large gathering during the ongoing EURO championship at stadiums and pubs. Delta varian.....
On World Chocolate Day, 5 stocks that could sweeten the deal for you
July 07, 2021 02:16 PM BST| By Kamalika GhoshSummary The world celebrates the brilliance of the chocolate on 7 July as World Chocolate Day. Chocolate reportedly was discovered in 450 BC and originated first in Mesoamerica. Hotel Chocolat, Camellia, Finsbury Foods, Premier Foods, and Unil.....
Is sports betting legal in the UK? What are the top sports betting stocks?
July 07, 2021 11:58 AM BST| By Kamalika GhoshSummary Sports betting in the UK is regulated under the Gambling Act 2005, ensuring fair and transparent laws for everyone in the betting industry. Amid the EURO Championship, the sports betting companies expect high volume bets from the UK an.....
Needle on 3 FTSE 250 hospitality stocks as staff shortage put a brake on the services sector
July 05, 2021 03:21 PM BST| By Kamalika GhoshThe PMI survey by IHS Markit and CIPS found that staff and capacity shortage grappled UK’s service sector in June, as business activities were halted, stalling the reopening boom that the UK was seeing. The Business Activity Index for June w.....
Australia halves international arrival cap due to Delta variant
July 05, 2021 01:50 PM BST| By Kamalika GhoshSummary Australia has put a cap of 50% on the arrival limit of passengers from 14 July. The step has been implemented to deal with rising cases of more contagious Delta variant of Covid-19. The cap would affect 34,000 Australians waiting to re.....
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Top 5 Gaming Stocks on the London Stock Exchange
July 01, 2021 08:41 AM BST| By Kamalika GhoshThe UK gaming industry is continuously growing, and it is one of the largest in the world. In the UK, gaming accounts for more than 50% of the entertainment market. Last year, UK’s gaming market was at a record-high value of around &poun.....
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Spotlight on 5 Travel stocks as the UK and Brussels nears Covid passports deal
June 29, 2021 01:25 PM BST| By Suhita PoddarSummary UK citizens can travel to Brussels for the summer holiday after the two countries agreed on the Covid passports deal. Travellers with negative PCR test or proof that they have been fully vaccinated will not face any restrictio.....
