FT 22/05/19 | Vox Markets

FT 22/05/19

Severn Trent (SVT) dividend jumps after payout criticism. Inflation-busting rise comes after Labour outlines plan to renationalise water groups

Metro Bank (MTRO) hit by shareholder protest. More than 25% of voters opposed the reappointments of heads of two key board committees

Lex – Tesco (TSCO) – Tesco Bank/UK mortgages: house strife. Mortgage costs have plunged; so have lenders’ margins

Peppa Pig fails to offset DVD decline at Entertainment One Limited (ETO). Film distribution business weighs on full-year results at production group

Shaftesbury (SHB) pushes up rents as West End resilient to retail woes. Central London portfolio largely avoided broader turmoil on the high street

WH Smith (SMWH) chief Stephen Clarke to step down in October. Departure announced as retailer reports 15% rise in group sales

Halfords Group (HFD) sees profit fall, blames weather and sentiment. Bike and car accessories retailer says transformation plan to take longer than expected

Tesco (TSCO) – Tesco Bank falls victim to UK mortgage price war. Lender pulls out of market due to ‘challenging conditions’

 

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Mentioned in this post

ETO
Entertainment One Limited
HFD
Halfords Group
MTRO
Metro Bank
SHB
Shaftesbury
SMWH
WH Smith
SVT
Severn Trent
TSCO
Tesco