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October 2018

wagamama
Wagamama sold to Frankie & Benny’s owner

The Restaurant Group will fund the takeover through a combination of cash, debt and issuing more shares. Its shares were down 14% by mid-morning.

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wpp logo
WPP shares dive as much as 20% as growth slows

The firm, whose former boss Sir Martin Sorrell stepped down in April, reported lower-than-expected third quarter sales and slashed its full-year outlook.

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asos
Asos still in fashion as profits and sales keep soaring

The firm posted a £500m rise in revenue to £2.4bn for the year to 31 August, while profit jumped 28% to £102m, just ahead of expectations.

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hammond
Hammond says ‘Brexit deal dividend’ would deliver economic boost

Philip Hammond told the BBC that there has been a “measurable change of pace” in talks, adding to the sense of optimism that a deal could be imminent.

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view city
Seasonal Market Jitters Present as Cocktail of Risks Dizzy Investors

DOWNLOAD PDF VERSION CURRENT OVERVIEW The UK market is starting to move lower, down now 8.5% from the May FTSE 100 highs @ 7900. Year to date the FTSE is down 6% with the mid cap FTSE 250 index down 5.35%. Whether we are seeing the 10 year bull market for shares (post credit crisis) […]

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valerie
Patisserie Valerie faces winding-up order from HMRC

Shares in the company, 37% owned by entrepreneur Luke Johnson, have also been suspended.

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car sales 2
New car sales plunge 20% in September

Meanwhile, Nissan said a no-deal Brexit would have “serious implications”.

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flags
Can Trump really cut the US trade deficit?

President Trump has finally got a three-way agreement to change Nafta, the North America Free Trade Agreement.

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E: [email protected]T: 01483 413500

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SI Capital Ltd, 46 Bridge Street, Godalming, Surrey, GU7 1HL

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