Lego To Buy Merlin Entertainment In Billion Dollar Deal (July 11, 2019)

The toy giant Lego has recently reached a deal with Merlin Entertainment that will see the Danish company pay a huge $4.8bn to take over as owners of the UK-based attractions business. Merlin, who currently operate Legoland’s location in Windsor and are the team behind Madame Tussauds, the London Eye and Alton Towers, among others, […]

What Does The Future Hold For Metro Bank? (July 2, 2019)

Metro Bank is one of the high street ‘challenger banks’ that was set up in the aftermath of the 2008 financial crisis. It has always emphasised its high-quality customer service and what it characterises as a lack of ‘stupid bank rules’. Now though, the bank is in serious trouble for failing to follow some of […]

IPO Planned For The Trainline Ticketing App (June 27, 2019)

An initial public offering (IPO) of the Trainline ticketing app is planned for June 2019 and the company hope to raise a minimum of £75mn from their shares. The US owners of this online ticketing business believe their company may be worth a total of £1.5bn. Trainline’s owners are a US equity firm, KKR, and […]

Tesla’s Share Price Continues To Struggle (June 7, 2019)

Tesla’s share price has continued to tumble as serious doubts keep being raised about the company’s financial performance and direction. Their share price has nearly halved since last year and it doesn’t seem like it’ll be recovering anytime soon. The Decline In Model 3 The demand for their Model 3 car has declined, which has […]

Thomas Cook Shareprice Drops Significantly (May 27, 2019)

Citigroup has declared Thomas Cook’s shares as worthless after having plunged by 33% this Friday. Although the airline is worth around £738 million, its debt value is thought to be similar, meaning their equity value is essentially zero. Dire Citigroup Forecast Citigroup reached this conclusion after Thomas Cook had issued a profit warning reporting a […]

Topshop In Crisis (May 21, 2019)

British high-street fashion retailer Topshop chaired a ‘significant’ meeting with its top directors to decide the future of the clothing chain, which has been struggling since the beginning of 2019. The brand, owned as part of a fashion retail empire operated by disgraced businessman Sir Phillip Green, are meeting to choose the last option for […]

Uber Set To Debut At $90bn On The NYSE (May 7, 2019)

Uber, the ride-sharing app that operates across multiple countries and is largely considered the market leader in the ever-growing industry, has estimated its initial stock market value of $90bn in new reports published recently. Latest Unicorn IPO The much-anticipated flotation of this ‘unicorn’ company has already begun attracting investor buzz, though some insiders remain dubious […]

UK Housing Market Tumbles For First Time Since 2012 (April 12, 2019)

For the first time since 2012, the UK’s housing market has seen a significant drop in prices, figures published by Nationwide show. Today, official reports announced that the first three months of 2019 saw a significant slump in housing prices across the country. Brexit Impact? Many have already predicted that this is due to Brexit […]

Just Eat’s battle to re-enter the FTSE 100 (April 1, 2019)

For the past year or so, Just Eat has been on a rollercoaster journey through the stock markets. When it first entered the FTSE 100 in November 2017, it did so with a valuation of £5.5bn – making it more valuable than Marks & Spencer, Morrisons and Sainsburys. Fading Star But between July 2018 and […]

Rolls-Royce Back Away From Turkish Jet Fighter Contract (March 22, 2019)

The British engine manufacturer, Rolls-Royce Holdings Plc, has backed away from a joint defence project between the UK and Turkey. Rolls-Royce said on Sunday that they were scaling back efforts to join Turkey’s Kale Group in the building of the new fifth-generation fighter jets. As part of a new UK-Turkey defence deal, amounting to over […]

Persimmon Stock Wobbles As Government Inquiry Looms (March 18, 2019)

Persimmon’s share price plummeted to a one-month low last month, as the house building firm came under fire from the government about profits accrued via the Help-to-Buy scheme. The FTSE 100 firm released its full-year trading report, which showed that its pre-tax profits reached £1.09bn last year, a 13 per cent year-on-year increase. Yet despite […]

Thomas Cook Selling Airline To Raise Cash (March 1, 2019)

The oldest travel company in the world, the Thomas Cook Group (TCG), is looking to sell its profitable airline business in an attempt to raise some much-needed cash. The announcement comes as the company has been plagued by a poor 2018 performance and a difficult financial forecast. TCG will hope that selling their airline will […]

Fullers Brewery Sold To Japanese Company Asahi (February 25, 2019)

The Japanese brewing company Asahi has purchased Fuller’s brewery, which produces the popular London Pride bitter. Fuller’s have said they will now focus attention on their pubs and hotels business, while the historic Griffin Brewery will be preserved in its Chiswick location. About The Deal Fuller’s achieved a price of £250m for the brewing business, […]

UK Economic Growth At Lowest Levels For Six Months (February 5, 2019)

The UK’s economy continues to decline, according to figures released by the Office for National Statistics (ONS). In the three months leading up to November, the UK economy grew by just 0.3%. This is less than the 0.4% growth seen in the three months leading up to October. Part of the poor performance of the […]

Is the British car industry in trouble? (January 28, 2019)

The Society of Motor Manufacturers and Traders (SMMT) has released data that has shown car production in the UK fell by nearly 20% in November. This is in comparison to the same time in 2017. The industry’s trade body commented that the weak demand in the UK and abroad is to blame for the dramatic […]

Top UK Economists Gloomy About 2019 Economic Growth (January 10, 2019)

An article in the Financial Times on 1 January 2019 has highlighted the Brexit opinions of some of the leading economists in the UK. All 80 top economists polled by the newspaper felt that 2019 UK business investment and consumer spending will be affected by the uncertainty surrounding Brexit. These experts feel this will still […]

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