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Recruiter Staffline blames Brexit as share price collapses more than 50% on profit warning featured picture

Recruiter Staffline blames Brexit as share price collapses more than 50% on profit warning

Shares in Staffline (STAF:AIM) have collapsed to multi-year lows after the recruitment and training firm put out a massive profit warning as trading slumps in the first quarter on Brexit woes. At 10am the stock is trading at 400p, a staggering 52% down on the 838p at which the stock closed on Thursday. The company's core recruitment business has been hit by a wave of negative sentiment ...
Market report: Amazon-backed Deliveroo threat for Just Eat, EasyJet rallies and Metro Bank pulls off cash call lifeline featured picture

Market report: Amazon-backed Deliveroo threat for Just Eat, EasyJet rallies and Metro Bank pulls off cash call lifeline

After a week dominated by ongoing tariff talks between the US and China and their impact on global trade, Brexit worries have again resurfaced to drag on UK investor sentiment. The UK's benchmark gets off to a shaky start to early trading on Friday, declining around 16 points to 7,337, but the market mood is not being helped by new emerging threats to FTSE 100 food delivery business Just Eat ...
Brexit and debt spark fresh collapse at Thomas Cook as share price hits seven-year low featured picture

Brexit and debt spark fresh collapse at Thomas Cook as share price hits seven-year low

Travel agents are lining up to blame Brexit for their lacklustre results this year. Troubled tour operator Thomas Cook (TCG) is no exception, yet it has set a new bar for the beleaguered industry after reporting a staggering £1.5bn half year pre-tax loss. By contrast, package holidays peer TUI (TUI) yesterday posted a €287.2m deficit for its typically bleak weak winter half. READ MORE ABOUT ...
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