Advertisement
UK markets close in 6 hours 44 minutes

  • FTSE 100

    8,050.62
    +26.75 (+0.33%)
     

  • FTSE 250

    19,687.58
    +88.19 (+0.45%)
     

  • AIM

    751.71
    +2.53 (+0.34%)
     

  • GBP/EUR

    1.1593
    +0.0004 (+0.03%)
     

  • GBP/USD

    1.2382
    +0.0032 (+0.26%)
     

  • Bitcoin GBP

    53,412.71
    +52.32 (+0.10%)
     

  • CMC Crypto 200

    1,394.07
    -20.69 (-1.46%)
     

  • S&P 500

    5,010.60
    +43.37 (+0.87%)
     

  • DOW

    38,239.98
    +253.58 (+0.67%)
     

  • CRUDE OIL

    82.68
    +0.78 (+0.95%)
     

  • GOLD FUTURES

    2,318.20
    -28.20 (-1.20%)
     

  • NIKKEI 225

    37,552.16
    +113.55 (+0.30%)
     

  • HANG SENG

    16,828.93
    +317.24 (+1.92%)
     

  • DAX

    17,977.58
    +116.78 (+0.65%)
     

  • CAC 40

    8,061.10
    +20.74 (+0.26%)
     
Money:

What is the true cost of the UK state pension?

To get a sense of the true value of the state pension, you can look at how much you would need to save to match it yourself

UK's M&C reviewing "earnings profile", developing strategic plan

Reuters - UK Focus

Aug 3 (Reuters) - Millennium & Copthorne Hotels (LSE: MLC.L - news) (M&C) new CEO on Friday said she was reviewing the company's "earnings profile" and plans to develop a strategic plan after the hotelier was hit by lower room revenue.

Revenue per available room (RevPAR) fell 4.3 percent to 75.29 million pounds ($98 million), on a reported currency basis, in the six months ended June 30, with a steeper 5.3 percent fall in the second quarter.

M&C also said RevPAR fell 3.5 percent, on a constant currency basis, in the first 21 days of trading in July. ($1 = 0.7683 pounds) (Reporting by Arathy S Nair in Bengaluru; Editing by Bernard Orr)