Just Eat shares soar as takeout outlook improves

Just Eat shares soared after the company said an increase in the commission it charges UK restaurants for its online takeout service will give an additional boost to full-year sales and profit.

The shares yesterday climbed almost 10% to 421p at one stage, boosting the company’s market value to about £2.8bn (€3.56bn).

They are, however, still down 10% from a year ago.