FT 25/04/19 | Vox Markets

FT 25/04/19

Metro Bank (MTRO) chair rebuked by judge in pet insurance case. Vernon Hill told to ‘calm down’ after nitpicking and sarcastic replies

Sainsbury (J) (SBRY) and Asda to admit defeat over £7bn tie-up. Supermarket chains ‘unlikely’ to appeal CMA final verdict, which analysts expect to reject deal

Funding Circle (FCH) cuts forecast returns for retail investors. Higher risk of default on loans made in 2017 and 2018 also prompts group to tighten lending criteria

Boohoo.com (BOO) bucks gloomy retail trend with soaring sales. Celebrity influencers help power jump in revenues at online group

KCOM Group (KCOM) agrees to £504m takeover by pension fund. Hull-based business becomes latest listed UK telecoms company to fall into private hands

Weak dollar drives Primark first-half profits. Retailer’s performance offsets slump at Associated British Foods (ABF) sugar business

Lombard – Associated British Foods (ABF), Primark proves bricks can be sweeter than clicks. Discount retailer has certain advantages over its online-only rivals Boohoo.com (BOO) and ASOS (ASC)

AstraZeneca (AZN) chief claims vindication five years after Pfizer bid. Some investors and analysts still unconvinced UK company was right to resist approach

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Mentioned in this post

ABF
Associated British Foods
ASC
ASOS
AZN
AstraZeneca
BOO
Boohoo.com
FCH
Funding Circle
KCOM
KCOM Group
MTRO
Metro Bank
SBRY
Sainsbury (J)