The watchdog will be focussing on the prices that are shown as “was” as “now”, suggesting that purchasers are getting a lower price than the regular cost of the item. This issue has arisen over concerns that customers may not get the savings advertising makes them believe they are. It’s the latest part of an…
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What to watch Dominos Pizza: One beneficiary of the pandemic has been Domino’s Pizza, which has added almost 50% to its share price in 2020 as consumers have favoured delivery services over restaurants and bars. The firm has outpaced rival Papa John’s, which is up 30% year-to-date. A key point to watch in Domino’s Thursday…
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What to watch Nike: Attracting a lot of attention ahead of its Q4 results today is Nike as analysts flock to offer upbeat assessments of the share price. While the company’s stock tumbled with many others during the initial coronavirus outbreak, it has largely recovered all its losses in the subsequent rally and now hovers…
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FTSE climbs, Tesco begins laying off temporary workers London-listed stocks mirrored the US with a positive start to the week yesterday, with the FTSE 100 and FTSE 250 rallying by 1.6% and 1.7% respectively. Chancellor Rishi Sunak told Parliament that small businesses will get access to 100% taxpayer-backed loans of up to £50,000 that they…
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The Financial Conduct Authority (FCA) today announced that Tesco plc and Tesco Stores Limited have agreed that they committed market abuse in relation to a trading update published on 29 August 2014, which gave a false or misleading impression about the value of publicly traded Tesco shares and bonds. Tesco have agreed to pay compensation…
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