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Safestyle UK Shares News & Articles

Market report: Vodafone ticks higher on TowerCo IPO excitement, Pearson improves after raising guidance

Despite a drag from miners, London’s FTSE 100 recovered by 10.9 points to trade at 7,500 on Friday with the FTSE 250 up 41.6 points to 19,862, as Vodafone (VOD) jumped on plans to create a separate European tower company and education firm Pearson (PSON) perked up on a positive trading missive. Mobile giant Vodafone rose 7.4% to 142p on news it will legally separate its towers business into ...

Why Carpetright’s CVA has left investor nerves and the share price shredded

Ailing floor coverings-to-beds retailer Carpetright (CPR) confirms it will seek creditor approval for a restructuring plan to shutter stores and slash its rent bill. Yet while the company'S voluntary arrangement (CVA) may give Carpetright’s turnaround a fighting chance, remaining investors are not so sure. Shares in the company are down around 3.5% at 40.5p in mid-morning trade, although this ...
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