Latest News
German producer prices rise a little more than expected
German producer prices rose a little more than expected in May, according to the latest figures from Destatis.
Circassia plummets after cat allergy drug fails placebo test
Shares in biopharmaceutical development company Circassia Pharmaceuticals plummeted on Monday morning, after it announced disappointing top-line results from its investigational cat allergy immunotherapy phase III study.
GSK breathes easier after successful triple-COPD trial
Late-stage drug trials by GlaxoSmithKline on its treatment for chronic obstructive pulmonary disease (COPD) have proved successful.
Electra Private Equity loses two board members
Investment trust Electra Private Equity announced the resignation of two of its directors on Monday, with Dame Kate Barker and Francesca Barnes departing with immediate effect.
HomeServe promotes CFO Johnathan Ford to new position of COO
FTSE 250 home insurance and repairs company HomeServe has promoted Johnathan Ford from the role of chief financial officer to the new position of group chief operating officer.
London pre-open: Stocks to surge on referendum polls
Stocks in London were expected to open sharply higher on Monday, taking their cue from strong gains in Asia as Brexit polls showed the Remain campaign was in the lead.
Monday newspaper round-up: Sterling, City jobs, Williams & Glyn, CMA
The British pound was powering ahead in Asian morning trading on Monday as the latest opinion polls on Britain’s EU referendum showed the two camps running neck and neck. In previous weeks, the campaign for the UK to vote in favour of leaving the EU at its June 23 referendum had slowly gained momentum, unsettling the pound and markets in general. - Financial Times.
Glaxo's COPD drug aces test, Hammerson dumps Thurrock
London open The FTSE 100 is predicted to surge more than 180 points higher on Monday morning, according to pre-market trading.
Hammerson sells Thurrock shopping park for £93m
Hammerson said it has exchanged contracts and completed the sale of Thurrock Shopping Park, Essex, to TH Real Estate for £93m.
Spectris completes Capstone Technology acquisition
FTSE 250 precision instruments maker Spectris has completed the acquisition of the software and associated assets of privately-held software solutions company Capstone Technology Corp for $22. 5m.