24th Jun 2010 07:36
By Kaveri Niththyananthan Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Bus and rail company Go-Ahead Group PLC (GOG.LN) Thursday remained cautious on the near-term prospects for the U.K. economy but said it was confident it would meet its expectations for the fiscal year and that maintaining
Read more24th Jun 2010 07:08
Train, bus and parking firm Go Ahead said it remains confident of meeting expectations for the current year despite a difficult period for the travel industry. "Overall, we are pleased with the group's performance", Newcastle based Go-Ahead said in a statement. However it remains cautious on the ne
Read more21st Jun 2010 18:28
(Adds detail.) By Kaveri Niththyananthan, Jessica Hodgson and Marietta Cauchi Of DOW JONES NEWSWIRES LONDON (Dow Jones)--The U.K. government Monday said it is putting up for sale the rights to operate the country's first high-speed rail line as it tries to raise money to fill a gaping
Read more21st Jun 2010 17:06
(Adds detail.) By Kaveri Niththyananthan, Jessica Hodgson and Marietta Cauchi Of DOW JONES NEWSWIRES LONDON (Dow Jones)--The U.K. government Monday said it is putting up for sale the rights to operate the country's first high-speed rail line as it tries to raise money to fill a gaping
Read more21st Jun 2010 14:51
By Kaveri Niththyananthan Of DOW JONES NEWSWIRES LONDON (Dow Jones)--The U.K. government Monday said it is putting up for sale the rights to operate the country's first high-speed rail line as it tries to raise money to fill a gaping budget deficit. The winning bidder for High Speed 1,
Read more14th Jun 2010 12:23
1123 GMT [Dow Jones] Shore Capital upgrades Go-Ahead Group (GOG.LN) to buy from hold, saying it is possibly the only UK rail operator to retain a significant element of cyclical upside from an improvement in rail volumes. "With around 30% of group profits generated from rail operations, high operati
Read more14th Jun 2010 12:23
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 1123 GMT [Dow Jones] Shore Capital upgrades Go-Ahead Group (GOG.LN) to buy from hold, saying it is possibly the only UK ra
Read more11th Jun 2010 07:02
It was a tale of two divisions yesterday at Home Retail Group. While underlying sales declined by just 1.4% at the group's DIY chain Homebase, which was ahead of expectations, like-for-like sales tumbled by a disappointing 8.1% at its catalogue operation, Argos. Home Retail's shares now trade on a
Read more29th Apr 2010 16:49
Investors were busy digesting a stream of company updates today and, seeing more good news than bad, sent the FTSE 100 into the blue. Pay TV and Internet service provider British Sky Broadcasting (BSkyB) was a top performer. Not only did it see subscriber numbers improve by a better than expected 6
Read more29th Apr 2010 15:07
Footsie is trading close to its high for the day despite heavily weighted index constituent BP coming under the cosh after it said the oil leak in the Gulf of Mexico is much worse than initially thought. BP's chief operating officer Doug Suttles has admitted that the amount of oil leaking from the
Read more29th Apr 2010 14:23
Joinery company Galiform is the best performer after it said it has performed well after a slow start to the year due to the prolonged cold weather. Music retailer HMV reported a sharp decline in fourth quarter like for like sales but said it was on track to meet full year forecasts. The video game
Read more29th Apr 2010 12:14
Traders are too busy digesting a full schedule of corporate announcements to worry about sovereign debt issues, as the Footsie makes another attempt at clawing back some of the heavy losses sustained on Monday. Pay TV and Internet service provider British Sky Broadcasting (BSkyB) is the top perform
Read more29th Apr 2010 07:32
Bus and train firm Go-Ahead said overall trading in the third quarter was in line with company expectations while its full year outlook remains unchanged. The group said it remained confident in the underlying strengths of its business. Revenue at its bus operations rose 7.9% during the quarter
Read more19th Mar 2010 14:27
Britain is facing a spring of discontent amid walkouts by British Airways cabin crew and rail signal workers. A three-day strike by British Airways cabin crew will now go ahead after last-ditch talks between the airline and the Unite union collapsed. Cabin crew will walk out for three days startin
Read more19th Mar 2010 12:47
The prospect of major rail and air disruption over the Easter holiday grew more tangible today as rail signal workers voted to strike, while British Airways remained locked in talks with its cabin crew. Rail signal members of the Rail Maritime and Transport union (RMT) voted 54% to come out on stri
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