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Market report: Broker support boosts Marks & Spencer, Phoenix rises on ReAssure deal featured picture

Market report: Broker support boosts Marks & Spencer, Phoenix rises on ReAssure deal

London’s FTSE firmed 59.1 points to 7,197 as the week drew to a close, with consumer-facing stocks back in fashion. JD Sports Fashion (JD.), Whitbread (WTB), Kingfisher (KGF) and Next (NXT) all featured in the blue chip index’s top 10 risers. Despite ongoing political uncertainty, early indications suggest that Black Friday was good for retailers, implying that consumers might have become ...
Director deals: Boohoo founders cash in £143m, M&C Saatchi bosses in show of faith featured picture

Director deals: Boohoo founders cash in £143m, M&C Saatchi bosses in show of faith

Founders reaping the fruits of their labour, embattled bosses taking an act of faith in their struggling business and a finance director giving himself a big payday are among the most significant director deals of the past week. The biggest deal, announced today, comes from online fast fashion retailer Boohoo (BOO:AIM). FOUNDERS REAP BLACK FRIDAY REWARDS Co-founders Carol Kane and Mahmud ...
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