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The Latest Breaking News from Peel Hunt

Cracking Easter for Wizz and Ryanair as traffic numbers soar in March

Analysts at Peel Hunt said Ryanair’s traffic numbers were “stronger than we expected”

Evening Standard

Iceland to hire 250 more delivery drivers as rival Ocado posts £400 million loss

Iceland is embarking on a major expansion in its food delivery business, the Standard can reveal today, as the low-cost supermarket gears up for a surge in demand in the run up to Easter.

Evening Standard

Currys board should play hardball with opportunistic bidders

Electricals retailer is worth more than US hedge fund Elliott’s offer and should look for close to £1bn

The Guardian - UK

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Value of JD Sports plummets by £1.8bn after profit warning

‘Mild weather and heavy discounting’ drag down pre-Christmas trade, with 23% wiped off shares

The Guardian - UK

Wall Street bank boom shows gulf between New York and The City

JP Morgan boss warns: “This may be the most dangerous time the world has seen in decades.”

Evening Standard

S4 shares crash as Sorrell warns clients cutting spend amid ‘fears of recession’

S4 has now cut sales forecasts for the second time in three months

Evening Standard

This new tech fund can help revive the London market for listings

City Voices: The figures show that we’re better at planting the seed than pouring on the fertilizer when the shoots are showing

Evening Standard

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‘There is a problem’ — City investment bank Peel Hunt warns London listings decline could hit growth

The FCA and Jeremy Hunt have taken steps to make the City more attractive, but Peel Hunt says these aren’t enough

Evening Standard

London IPO market ‘effectively closed’ says Peel Hunt as it swings to annual loss

City investment bank points to turbulent politics and rising rates as it swings to an annual loss in deal drought

Evening Standard

City firms see the first signs of a rebound in dealmaking

Numis and Peel Hunt both said they are beginning to see green shoots, a month after they both warned of a slowdown

Evening Standard

Fear of jobs cull as City slowdown hits brokers large and small

Peel Hunt, Numis and WH Ireland all showed the stress they are under today

Evening Standard

musicMagpie's Walmart deal pleases analysts and investors as shares jump

Shares in musicMagpie have risen to their highest levels since August 2022

Birmingham Post

Banker bonuses in doubt as profits sink 99% at Peel Hunt

PROFITS at Peel Hunt crashed 99.7% in the half-year, a brutal sign of how tough life has been for City brokers lately.

Evening Standard

Peel Hunt feels the pain as flotation market sinks

The extent of the strife in the City was laid bare today when investment bank Peel Hunt reported a crash in profits as company floats dry up and clients fret about the global economy.

Evening Standard

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Daily Mirror

Families warned of spike in food poverty with price of butter set to jump by 60%

Retail experts have warned about further food price hikes to come, with the cost of butter to rise 60% this year - producer prices for cupboard staples such as milk, barley and pork were up by a fifth by the end of March

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