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Market report: Merlin slumps on visitor vanishing act, calm returns to UK stock markets featured picture

Market report: Merlin slumps on visitor vanishing act, calm returns to UK stock markets

The shares of the UK’s leading attractions operator Merlin Entertainments (MERL) plunge more than 7% in early trade on Tuesday after revealing lacklustre trading at its Midway Attractions business. Midway Attractions runs some of Merlin's biggest brands, including Madame Tussauds, The London Eye, Sea Life and The Dungeons businesses. But like-for-like sales at Midway have declined 0.7% so far ...
What can investors expect as shock crisis at Patisserie Valerie owner unravels? featured picture

What can investors expect as shock crisis at Patisserie Valerie owner unravels?

The shocking turn of events at Patisserie Valerie owner Patisserie Holdings (CAKE:AIM) has shaken faith in the company and left investors wondering what will happen next. Earlier this week, shares in Patisserie were suspended after the company revealed ‘significant and possibly fraudulent’ accounting irregularities that could have led to a mis-statement of its accounts. Finance director ...
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