Join UW / Utility Warehouse / UW / FTSE 250
The FTSE 250, often referred to as the Financial Times Stock Exchange 250, is a market index that tracks the performance of the 250 mid-sized companies listed on the London Stock Exchange. Unlike the FTSE 100, which comprises the largest UK-listed companies, the Midcap Index (as it is also known) includes firms that rank from 101st to 350th in terms of market capitalization.
These mid-cap companies represent a diverse array of industries, providing a more comprehensive snapshot of the UK economy than the larger FTSE 100. Investors often view the Financial Times Stock Exchange 250 as a barometer for the economic health of the United Kingdom, as these companies are typically more domestically focused and less influenced by international market dynamics. Utility Warehouse’s parent company, Telecom Plus PLC is listed on the FTSE 250 (TEP).
The Midcap Index is market-capitalization-weighted, meaning that companies with higher market values have a greater impact on the index’s movements. This structure enables this index to reflect changes in the overall market sentiment and economic conditions. Investors frequently use the FTSE 250 as a benchmark to assess the performance of their portfolios and make informed investment decisions. The index’s composition is reviewed quarterly, allowing for adjustments based on the evolving landscape of the stock market.
In summary, the Financial Times Stock Exchange 250 is a key stock market index tracking the performance of 250 mid-sized companies listed on the London Stock Exchange, offering insights into the health of the UK economy beyond its larger counterparts.
Utility Warehouse (UW), a prominent FTSE 250 multiservice supplier, celebrates a significant achievement as it surpasses the one million customer milestone. Amidst a period of sustained growth, UW emerges as a trusted provider of essential services, offering cost-effective solutions to households across the UK. Learn more about UW’s journey, its innovative business model, and its […]
The Utility Warehouse Discount Club is operated by Telecom Plus PLC, a major British company whose shares are listed on the London Stock Exchange. The Utility Warehouse provides its members with great value, great savings and the best possible customer service. Perhaps it’s not surprising that, in a recent survey, 93% of Utility Warehouse customers […]
Telecom plus breaking more records More great press for Telecom plus PLC, the parent company of The Utility Warehouse Discount Club, as their stock on the London Stock Exchange becomes more highly rated. Bloomberg pick up the story.
“Leading the charge on the second tier, however, was Telecom Plus. Profits at the company, which supplies utility services such as gas and electricity, accelerated as it won new customers and it jumped 69.89% to 773p.” Source: The Telegraph
“I view my success as an entrepreneur not by how successful or rich I become but by how many other people achieve financial freedom through Telecom plus. I believe Telecom plus has the potential to make more genuine Distributor millionaires than any other referral marketing company in the UK – bar none” Charles Wigoder. The […]