FTSE 100 giant ABF shares slide as it braces for £60m sugar crash after Iran war Retail FTSE 100 giant Associated British Foods has issued a major warning on the state of its sugar businesses over “the duration and severity of the Middle East conflict”. The multinational conglomerate – which spans across the food and retail industry – said it expects its sugar operation to deliver a loss of as much as [...]
As it happened: Stocks fall as US and Iran clash over Strait of Hormuz; Fed chair says inflation risk is easing Markets Welcome back to the Morning Wire liveblog. Oil prices are holding steady above $73 per barrel after days of heightened tensions between the US and Iran ahead of peace talks in Qatar. Brent crude – the international benchmark for oil prices – posted its biggest quarterly decline since 2020 for the second quarter of the [...]
Can Primark go it alone after ABF split? Retail FTSE 100 giant Associated British Foods ended months of rumour when it announced its demerger from Primark. Felix Armstrong explores how the budget clothes retailer will fare on its own. Walk into Oxford Street’s Primark, battle through the tightly packed rows of cut-price clothing, and your eyes will seize on the bright blue lights of [...]
FTSE 100 Live: Stocks flat as Trump’s deadline looms; Job vacancies shrink; Primark gets spin-off April 21, 2026 Good morning and welcome back to the Morning Wire liveblog. New unemployment figures this morning have showed an unexpected twist where the joblessness rate slipped under the five per cent mark. But this was accompanied by a blow to the market with the number of vacancies fell by an estimate of 29,000 in the three [...]
ABF: Primark owner’s shares sink as sales slow at FTSE 100 giant September 10, 2025 Shares in Primark owner Associated British Foods (ABF) have plunged after posting what analysts branded a “mixed bag” of results. The FTSE 100 warned that challenging conditions were weighing on the company’s trading, listing consumer caution, geopolitical uncertainty and inflation as top factors. Shares plunged 13 per cent on the news to their lowest value [...]
UK’s largest bioethanol plant to shut after US trade deal August 15, 2025 The UK’s largest bioethanol plant is to shut, its owner has said, after the government decided not offer the struggling factory an emergency funding settlement after months of fraught negotiations. Vivergo Fuels had been locked in talks over its future with the business department since June, after it warned an element of the UK-US trade [...]