Christmas Season Likely to Boost UK Retail Despite Budget Pressure
Christmas Season Likely to Boost UK Retail Despite Budget
1018 GMT - U.K. retailers are expected to benefit from
December's key period due to the end of Covid-related restrictions
despite the continued pressure on consumers' budgets, Shore Capital
analysts Clive Black and Darren Shirley say in a note after the
latest report of November's footfall at British retail. This
Christmas season will be, for many people, the first time in three
years that work colleagues, family and friends will be able to get
together without the pandemic restrictions, they say. "We do expect
gifting, [...] food and booze sales, we do expect the food and
beverage segment to participate," they add.
Wizz Air Passenger Numbers Rose Significantly on Year in
Wizz Air Holdings PLC said Friday that it carried significantly
more passengers in November on year.
Premier Miton FY 2022 Pretax Profit Fell as Assets Under
Premier Miton Group PLC on Friday reported a fall in its
full-year pretax profit as investors' reluctance to commit new
investments in an uncertain market hit its assets under management,
but said it has seen encouraging signs of recovery since the end of
Light Science Sees FY 2022 Revenue, Pretax Loss Missing Market
Light Science Technologies Holdings PLC said Friday that it
expects to miss market forecasts for fiscal 2022 revenue and for
pretax loss to be wider than consensus expectations, as clients
face macroeconomic pressure.
MetalNRG Gets Shareholder Request to Call Meeting to Remove
MetalNRG PLC said Friday it has received a request from
shareholder Edward Spencer to call a general meeting seeking the
removal of Chairman Christopher Latilla-Campbell and Chief
Executive Rolf Gerritsen.
Mind Gym 1H Pretax Profit, Revenue Rose on Favorable Currency
Mind Gym PLC said Friday that pretax profit and revenue rose in
the first half of fiscal 2023, boosted by favorable
Goldplat Sells Remaining Shareholding in Caracal Gold
Goldplat PLC said Friday that it has sold its remaining shares
in Caracal Gold PLC for an undisclosed sum.
ScS Group CFO Chris Muir to Step Down
ScS Group PLC said on Friday that Chris Muir will be stepping
down as chief financial officer but will remain with the company to
work his 12-month notice.
ASOS Interim CFO Katy Mecklenburgh to Step Down, Become Softcat
ASOS PLC on Friday said its interim Chief Financial Officer Katy
Mecklenburgh will step down from the role to become Softcat PLC's
CFO after working her six-month notice.
HeiQ Acquires Chem-Tex Laboratories for $2.5 Mln in U.S.
HeiQ PLC on Friday said it acquired North Carolina-based
specialty chemicals company Chem-Tex Laboratories for $2.5 million
as it seeks to expand in the U.S.
OPEC+ Likely Shy of Spotlight Ahead of Russian Price Cap, EU
1009 GMT - OPEC+ is likely to keep its production levels little
changed at its meeting Sunday as it sits out the uncertainty
pervading oil markets, DNB Markets says. The group's meeting comes
a day ahead of an EU embargo and G-7 price cap on Russian oil and
OPEC won't want to be blamed for any price moves that result from
those measures, DNB says. "OPEC+ does not want to be in the
spotlight if there is any risk of oil prices surging," it says in a
note. "Better to aim for a low-profile meeting that leaves...the
attention focus elsewhere." Still, some investors might be
expecting a production cut so no change to output levels could
potentially undermine prices if those bets proved unfounded, DNB
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(END) Dow Jones Newswires
December 02, 2022 05:41 ET (10:41 GMT)
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