Expert views
Commentary submitted by Russ Mould in their own words.
Back to profileLadbrokes owner Entain set to axe a fifth of customer care jobs globally
Ladbrokes owner Entain dipped one per cent on reports it would cut 400 jobs as it contends with tax and regulatory pressures.
London Tube strikes and rail fare freeze held back sales growth, Trainline says
The company is at a fork in the tracks as CEO Jody Ford prepares to step down at the end of this month to be replaced by Ian Brown.
John Lewis Partnership losses more than double in tougher trading
The tentative recovery at John Lewis is now looking as fragile as one of its teapots as the company blames summer heatwaves for a slump in trading.
John Lewis Partnership losses more than double in tougher trading
The tentative recovery at John Lewis is now looking as fragile as one of its teapots as the company blames summer heatwaves for a slump in trading.
Jet2 reports summer bookings bounce and upgrades stock market listing
It has sustained a reputation for strong customer service as the travel sector has returned to something closer to normality.
Melrose unveils £73m compensation programme after US chemical incident
The priority now is to ensure that safety standards are improved, otherwise Melrose could have much bigger problems on its hands.
Shein targeting up to £20bn valuation in September stock market float
Having seen its efforts to list in the US and UK stymied by regulatory issues and ESG concerns, Shein is set to list with a $27 billion valuation in Hong Kong, some way below its $100 billion peak value in 2022.
Thames Water lenders plan board overhaul if rescue bid approved
The hope being that these are the sort of credible names which can inspire confidence in the company’s future in private hands.
Shein targeting up to £20bn valuation in September stock market float
Appropriately enough for a business which made its name selling clothes at discount prices, Shein looks set for a cut-price IPO.
Harvey Nichols bought from administration by Mike Ashley’s Frasers
Turning the business around while still retaining the integrity of the brand will be the challenge for its new owner.
Ladbrokes owner Entain beats expectations after World Cup boost
When the key message is ‘hey, we’re losing less money’ it’s probably not a cue to get too excited.
Wizz Air swings to quarterly loss after Iran war sends jet fuel costs soaring
The company’s inability to point to a clear path through the current issues clouding the outlook for the airline sector also didn’t help.