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Shaftesbury losses deepen; says West End revival underway | 25 May 2021

25 May 2021 | 07:11am StockMarketWire.com - London West End property group Shaftesbury booked a deeper first-half loss after the pandemic hurt footfall at retail outlets, squeezing rental income. Pre-tax losses for the six months through March amounted to £338.5 million, compared to year-on-year losses of £287.6 million, and included negative property revaluations of £342.6 million. Rental income fell 19% to £48.9 million amid occupier support, reduced rent collections and increased vacancy...
United Kingdom City Of Brian Bickell West End Shaftesbury Plc Lon Shb

Sterling strength sees FTSE slip 0.3% lower | 25 May 2021

25 May 2021 | 16:39pm StockMarketWire.com - The FTSE 100 saw a modest decline on Tuesday after trading broadly flat for much of the day as strength in sterling weighed on the overseas earnings dominated index. By the close it was down 0.3% at 7,029.79. In the US the S&P 500 was also a bit lower, slipping 0..2% to 4,188.64 by 4.30pm UK time. Industrial software group Aveva rallied 1.6% to £33.28 even as it reported a 63% slump in annual profit after the pandemic hits sales in the first half. Av...
United Kingdom City Of Hill Smith Ted Baker Andy Reynolds Smith Avon Rubber

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