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Profit warnings at a ’seven-year high’

Monday, January 12th, 2009

The number of profit warnings issued by UK-listed companies hit a seven-year high in 2008, research shows.
Warnings by firms listed on the London Stock Exchange hit 449 last year, according to a study by accountancy group Ernst & Young (E&Y) - 17% more than in 2007.
E&Y said the situation this year would probably be just […]

Retail sales ‘declined in March’

Wednesday, May 21st, 2008

UK retail sales declined in March, posting their first fall in almost two years, the British Retail Consortium (BRC) has warned.
Despite the early Easter, the BRC said like-for-like sales - which exclude the impact of new store openings - declined by 1.6% from a year earlier.
The BRC said the fall showed consumer confidence was now […]