FT 11/07/19 | Vox Markets

FT 11/07/19

Lex – Pagegroup (PAGE)/cycles: stealth steady Eddy. Although the recruiter is resilient to downturns, it is not immune to them

Landlord Intu Properties (INTU) finds itself at centre of retail storm. Shopping centre owner faces challenge as rents drop, debts grow and footfall declines

BT Group (BT.A) says it may cut dividend to fund fibre broadband plans. Chief says it could cost £400m-£600m to connect 15m homes by middle of next decade

UK housebuilder Barratt Developments (BDEV) on course for record profits. Earnings bolstered by low borrowing costs and Help to Buy subsidy scheme

Recruiter Pagegroup (PAGE) warns global uncertainty will hit profit. FTSE 250 group reported a rise in first-half earnings but saw a slowdown in a key hiring metric

Superdry (SDRY) warns of further tough times after £85m loss. Fashion retailer’s shares fall as it cautions on economic uncertainty and ‘legacy issues’

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Mentioned in this post

BDEV
Barratt Developments
BT.A
BT Group
INTU
Intu Properties
PAGE
Pagegroup
SDRY
Superdry