(Alliance News) - For some analysts JD Wetherspoon PLC's latest update on Wednesday was a sign that the cost-of-living crisis was not hitting the firm as hard as expected, while others viewed it as a sign the pub chain was struggling to recover past its pre-pandemic levels. Read More
(Alliance News) - Stocks in London were lower at the close on Wednesday amid a gloomy economic backdrop for the UK and mixed updates from UK-listed firms. Read More
(Alliance News) - JD Wetherspoon PLC on Wednesday said it is "cautiously optimistic" for the current financial year, as the pub chain said recent sales have been only fractionally short of their pre-pandemic level. Read More
(Alliance News) - Marston's PLC and City Pub Group PLC on Tuesday both said sales were ahead of pre-virus levels over the festive period, as enough punters still went to pubs for the duo to weather the UK train strikes and benefit from the football World Cup. Read More
(Alliance News) - Pub, bar and restaurant operator Mitchells & Butlers PLC announced it had returned to profit on Wednesday, but analysts cautioned that rising costs may stymie the company's recovery moving forward. Read More
(Alliance News) - Leisure stocks have underperformed wider London equity markets, but analysts at Liberum believe they are near "inflection point" as peak recession and inflation should already be baked into valuations. Read More
(Alliance News) - Caution prevailed in European equities on Wednesday, as investors looked past the midterm elections in the US to Thursday's US inflation reading. Read More
(Alliance News) - JD Wetherspoon PLC on Wednesday said like-for-like sales in the early stages of its current financial year are ahead of pre-virus levels, but in the "last" five weeks, sales were 1.1% lower than during the same period in 2019. Read More
(Alliance News) - Shares in London are set to open lower on Wednesday, with virus worries in China harming sentiment once again, while attention also is on US politics. Read More
(Alliance News) - Stocks in London ended in the red on Friday as US employment levels advanced at quicker pace than expected, strengthening the case for another 75 basis point rate hike by the US Federal Reserve. Read More
(Alliance News) - JD Wetherspoon PLC shares surged in London on Friday, as the pub chain let investors know that its current financial year has gotten off to a hot start. Read More
