Latest News
Inchcape appoints Richard Howes as CFO
Automotive retail and services company Inchcape has appointed Richard Howes as its new chief financial officer.
Redrow doubles dividend as first half profit rises
Housebuilder Redrow posted a rise in first half pre-tax profit as revenue and completions grew.
Tui maintains course despite shifting sands in first quarter
Tui rode out the shifting geopolitical sands in the first quarter and reiterated its full year guidance, as demand for sunny holidays shifted away from south eastern Europe to safer climes.
Assura expanding after equity raise
Healthcare real estate investment trust Assura was pressing ahead with its expansion plans on Tuesday, updating the market on its activities since a significant equity raise late last year.
Grainger joint venture buys Kew Bridge estate
Grainger’s joint venture with APG has acquired Kew Bridge Court for approximately £57. 3m.
London pre-open: Stocks seen lower on negative US and Asian cues
London stocks are expected to open lower on Tuesday, taking their cue from downbeat sessions in the US and Asia as worries about global growth and oil prices weigh on investors’ minds.
Tuesday newspaper round-up: HSBC, Osborne, Google, stamp duty
HSBC is leaning towards keeping its headquarters in London after 10 months of agonising debate reflecting a reversal of the previous stance of chief executive Stuart Gulliver. In private meetings over the past few weeks, Mr Gulliver has played down the case for leaving the UK, according to people present, arguing that the environment in the UK is far more stable than he had feared a year ago. – Financial Times.
Tui on course, acquisition for Grainger JV
London open The FTSE 100 is predicted by City traders to extend losses on Tuesday morning with a 20-point fall.