Land Securities Group Shares News & Articles

Market report: Intu property buyout falls through, funerals probe and Britvic sweet no sugar switch

Plans to buyout UK shopping centres operator Intu Properties (INTU) have fallen through after a consortium led by the group’s chairman John Whittaker pulled the plug. This comes a huge disappointment to investors in the owner of Manchester's Trafford Centre, sparking a massive 38%-plus slump in the Intu share price, to 117.85p. That values the business at about £1.6bn. This is the second ...

City of London: 4.4% yield offers twice the return of best-buy cash accounts

Launched in 1891, City of London Investment Trust (CTY) has become one of the most popular investment trusts with investors seeking to run their own portfolios rather than use the services of financial advisers or wealth managers. It is easy to see why the trust appeals to so many investors, in Shares’ view. City of London currently yields 4.4%, based on the past year’s dividend payout, an ...
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