The UK high street has failed to bounce back strongly in April after poor weather kept consumers at home in March. According to the latest British Retail Consortium figures, like-for-like sales are down by 4.2% relative to April last year. Some of this can be linked to the timing of Easter and the volatile weather…
UK house prices posted their largest monthly fall in eight years during April, according to Halifax’s House Price Index. While prices were up by 2.2% year-on-year, they fell by 3.1% relative to March and 0.1% against the previous quarter. To a degree, this drop could represent increased pricing volatility in the monthly measure as sales…
The board of FTSE 100 drug firm Shire (LON:SHP) has recommended that shareholders accept Takeda’s takeover bid. The offer of $33.03 in cash and 0.839 New Takeda shares values the company at approximately £46 billion. The Dublin-based outfit had received five prior offers since March from its Japanese rival. Shire management rejected the prior bids…
