Pub group Fuller, Smith & Turner said on Tuesday that it has exchanged contracts to buy 10 "outstanding" pubs from Stonegate and an institutional property investment company for £35. 25m.
Homewares retailer Dunelm shares dropped around 10% on Tuesday as investors reacted coolly to the homewares retailer's new three‑year growth plan and news of a softer start to FY27, despite the group reporting a steady full‑year performance.
London stocks were steady in early trade on Tuesday as oil headed towards $100 a barrel and as Canada’s retaliatory tariffs on the US came into effect.
Shares in Computacenter jumped on Tuesday after the tech provider said full year earnings would be “significantly ahead” of forecasts after it almost doubled interim profits on the back of a strong performance in North America driven by demand for artificial intelligence-related infrastructure.
European shares opened lower and oil prices headed towards $100 a barrel after attacks on Saudi oil facilities and towns raising fears of a supply crisis.
London stocks were set for a muted open on Tuesday as oil prices remained higher, and as investors eyed the next catalyst in the form of the US inflation reading due at the end of the week.
LONDON PRE-OPEN The FTSE 100 was expected to open 44. 7 points lower ahead of the bell on Tuesday, after wrapping up the previous session 0. 08% softer at 10,822. 13.
UK retailers plan to create up to 100,000 short-term placements for young people not in employment, education or training (Neet) over the next three years to give them a first step on the ladder to paid work. In partnership with the Department for Work and Pensions (DWP), more than 40 retailers, including Marks & Spencer, Pets at Home, Asda and the John Lewis Partnership, will offer Neets aged 18-24 placements of two to four weeks to gain “the skills and confidence needed to take their first step into work”.
