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Restaurant Group PLC Shares News & Articles

FTSE ends week below 7,000 level as poor retail sales and US market weakness weigh on sentiment

The FTSE 100 index ended Friday’s session in negative territory falling 0.91% to 6963.64 below the psychologically critical 7,000 level. The FTSE 250 index fared marginally better, remaining in positive territory up 0.1% at 23,658.14. Two main factors contributed to this decidedly mixed performance. First, the UK market was uninspired by the latest UK retail sales volumes for August which ...

Labour shortages and cost inflation takes shine off Restaurant Group's strong trading

Restaurants and pubs company Restaurant Group (RTN) said it had seen a strong rebound in trading since reopening, leading to higher full year profit expectations, but negated the positive tone by flagging near-term cost and labour challenges, sending the shares 3% lower to 117.6p. The reported half year results to 4 July were not particularly relevant given the restrictions in place during the ...
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