Page 29 - Pub Group News Today : Breaking News, Live Updates & Top Stories | Vimarsana

CITY Pound 171136 The FTSE 100 closed higher despite losing steam at the end of the trading session in the face of a late rally in the price of the pound. Western markets were given a lift at the start of the session by optimistic economic rebound predictions by the International Monetary Fund (IMF). However, the London markets performed significantly behind their European counterparts as the IMF cut its growth forecast for the UK. London's top flight closed 15.16 points, or 0.23% higher, at 6,654.01 at the close of play on Tuesday. Connor Campbell, financial analyst at Spreadex, sa...

City Pub Group eyes ‘rapid’ recovery after lockdown sales slump January 26 2021, 11.22am City Pub Group has closed all 48 of its pubs due to lockdown restrictions (City Pub Group/PA) City Pub Group has revealed that sales more than halved last year after the pandemic caused sites to shut but it expects a “rapid” return to profit when they reopen. Shares in the London-focused pub owner jumped on Tuesday morning despite news of the sales slump. The group, which runs 48 pubs across southern England and Wales, said sales dived 57.2% to £25.7 million in 2020 as a result of closures and r...

FTSE makes gains despite drag from rallying pound Looking across to the square mile financial district, London (John Walton/PA) The FTSE 100 closed higher despite losing steam at the end of the trading session in the face of a late rally in the price of the pound. Western markets were given a lift at the start of the session by optimistic economic rebound predictions by the International Monetary Fund (IMF). However, the London markets performed significantly behind their European counterparts as the IMF cut its growth forecast for the UK. London’s top flight closed 15.16 points, or 0.23% h...

Five-storey transformation withdrawn after concerns raised A plan to transform Soane Point offices at 6-8 Market Place into a mix of co-working spaces and private offices has been withdrawn after concerns were raised. Castleforge Partners had sought permission for a mix of one-to-five storey extensions are planned, taking the highest point of the building from four storeys to seven, including a new rooftop terrace space, and adding an extra wing to one of the blocks. It wanted “to provide an attractive contemporary flexible workspace for predominantly local, small and growing business...