Consumer Stocks

Pint, food prices set to rise: 5 FTSE stocks to buy now

 Pint, food prices set to rise: 5 FTSE stocks to buy now

Highlights The prices of food and drinks are all set to rise amid the increasing costs of running venues. Increasing construction costs and higher wages will lead to higher prices for drinks at pubs. The UK Government has recently dropped its ...

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Lens on Rolls Royce, EasyJet and Wizz Air as UK’s green list for travel expands

Lens on Rolls Royce, EasyJet and Wizz Air as UK’s green list for travel expands

Summary Malta, Madeira, Barbados, and Spain's Balearic Islands now added to the green list for travel. Those coming from any of the 16 places named in the list to the UK from 30 June 04:00 onwards will not have to follow quarantine rules. The ...

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2 FTSE Auto stocks in focus as the UK announces new E10 petrol

2 FTSE Auto stocks in focus as the UK announces new E10 petrol

Summary The UK is planning to introduce a lower carbon emitting petrol called the E10 in September, replacing the current standard fuel the E5. E10 has 10 per cent of renewable ethanol, and the rest is unleaded petrol It is expected to reduce ...

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Shareholders on driving seat at Vertu Motors Plc and Cambria Automobile Plc

Shareholders on driving seat at Vertu Motors Plc and Cambria Automobile Plc

Summary Vertu Motors, the fifth-largest automotive retailer in the UK, witnessed shareholders revolt against CEO remuneration resolution.  Cambria Automobiles has urged its shareholders to accept the takeover offer from Cambria Bidco L...

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Average wages for UK pub and restaurant workers surge amid staff shortage

Average wages for UK pub and restaurant workers surge amid staff shortage

Summary The average wages of pubs and restaurant workers rose by up to 14% due to the staff shortage. Greater Manchester and Cheshire topped the rank, reporting the biggest rise in their average wages. The food services and accommodation segme...

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Lens on 2 FTSE Stocks as Food and Drink Exports to EU Almost Halve

Lens on 2 FTSE Stocks as Food and Drink Exports to EU Almost Halve

Summary UK’s food and drink export to the European Union reduced to almost half in the first quarter of 2021. European Union sales reported a fall of 47% as per the Food and Drink Federation data. Cheese sale was hardest hit and reported...

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Rail Firms Urge the Government Not to Reduce APD on Flights

Rail Firms Urge the Government Not to Reduce APD on Flights

British rail industry members body, the Rail Delivery Group (RDG), which brings together companies from passengers and freight sector, has requested the government not to reduce air passenger duty (APD) on UK domestic flight routes for the journey ...

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Pubs Stares at Additional £400 Million Losses: 3 FTSE 250 Stocks in Focus

Pubs Stares at Additional £400 Million Losses: 3 FTSE 250 Stocks in Focus

Summary Hospitality industry body, British Beer & Pub Association said the sector faces about £400 million in losses due to a delay in lockdown reopening. The UK government announced a delay in the final phase of its lockdown restrict...

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Saga expects to resume cruise business from 27 June 2021

Saga expects to resume cruise business from 27 June 2021

Summary For the insurance business, SAGA had witnessed just a 2% drop in motor and home policy sales during the first four months of FY22. The average load factor stood at 77% for FY22 and around 48% for FY23 as of 05 June 2021. Steve Kingshot...

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UK Aviation Stocks in Focus as 2020 Marks Sharp Decline in Passenger Travelled

UK Aviation Stocks in Focus as 2020 Marks Sharp Decline in Passenger Travelled

Summary In 2020, there was an annual decline of a huge 75 per cent in the number of passengers travelling through UK airports to 74 million. Over 2 million passengers walked through the security checkpoints of US airport on Friday, 11 June. Ai...

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Frontier Developments announced the much-awaited Jurassic Park Evolution 2

Frontier Developments announced the much-awaited Jurassic Park Evolution 2

Summary FDEV expects to launch Jurassic Park Evolution 2 on PC and Console in late 2021. It had forecasted FY21 revenue to remain approximately £91.0 million. FDEV anticipates FY22 revenue ranging from £130 million to £150 mi...

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