FT 26/04/19 | Vox Markets

FT 26/04/19

Lombard – Sainsbury (J) (SBRY) Coupe is no longer ‘In the Money’ — that’s a problem. Supermarket boss fails to deliver a showstopper because he misjudged his audience

Watchdog slays Sainsbury (J) (SBRY)/Asda merger in the aisles. Supermarket groups now left trying to digest how they got it so badly wrong

McEwan to step down as Royal Bank of Scotland Group (RBS) chief executive. UK lender launches search for successor to New Zealander with Alison Rose in pole position

GVC Holdings (GVC) urges end to broadcast gambling ads. Ladbrokes Coral owner unveils measures aimed at protecting those who make bets

Lex – Barclays (BARC) /Bramson: the Scottish play. Activist has yet to prove his case that bank has made a strategy error over investment unit

Ashley (Laura) Holding (ALY) falls to all-time low on fresh profit warning. Struggling chain says ‘very demanding third quarter’ to weigh on results

Chemicals group Croda International (CRDA) feels heat from investors over executive pay. More than a tenth of company’s shareholders reject remuneration report at AGM

Carpetright (CPR) shares jump as UK sales improve ‘significantly’. Flooring retailer expects to hit annualised £19m cash savings as restructure takes shape

Barclays (BARC) chief brandishes cost-cutting to counter activist. Operating expenses at underperforming investment unit fall to their lowest level since 2015

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

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Mentioned in this post

ALY
Ashley (Laura) Holding
BARC
Barclays
CPR
Carpetright
CRDA
Croda International
GVC
GVC Holdings
MTRO
Metro Bank
RBS
Royal Bank of Scotland Group
SBRY
Sainsbury (J)