InterContinental Hotels Group (IHG) came under modest pressure in early trading after a record 200 hotel openings in the first half still saw revenue fall short of expectations.
While the Holiday Inn owner delivered 10% growth in operating profit, 13% growth in adjusted earnings per share and record hotel development activity, investors focused on a slowdown in second-quarter room revenue growth and a small profit miss versus consensus forecasts.
For most employees, pension saving happens in the background. Contributions are paid in each month, but few people make an active investment choice.