FTSE LIVE: Patisserie Valerie freezes shares; SSE-Npower deal cleared; Telford Homes warns on Brexit


FTSE LIVE: Patisserie Valerie freezes shares as accounting black hole emerges; SSE-Npower merger gets go-ahead; Telford Homes warns of pre-Brexit slowdown

Patisserie Holdings, the owner of Patisserie Valerie, has suspended its shares after discovering ‘significant and potentially fraudulent’ accounting irregularities.  

The deal to merge Npower and SSE’s retail operations has been given the all-clear by the competition watchdog, paving the way for the tie-up of two of Britain’s biggest energy suppliers.   

And Telford Homes has warned that negative Brexit sentiment is affecting housing market demand, with buyers adopting a ‘wait and see’ approach as Britain’s exit day looms. 

If using the This is Money app, click here 


Source link


Please enter your comment!
Please enter your name here