Latest News
Dignity completes acquisition of three crematoria
Listed provider of funeral-related services, Dignity, confirmed on Tuesday it has completed the acquisition of three of the previously-announced freehold crematoria locations from Co-op Funeralcare.
UK Commercial Property Trust sells two development properties
Guernsey-based, UK-focused commercial property investment company UK Commercial Property Trust announced on Tuesday that is has completed the sale of Dolphin House, an office in Sunbury-on-Thames, having also completed the sale of 6 Arlington Street in London’s St James’s earlier in the month.
Jeremy Hunt considering Conservative leadership attempt
UK health minister Jeremy Hunt said on Tuesday that he is seriously considering a bid for the leadership of the Conservative party when David Cameron steps down in October. Hunt also called on the government to delay the process surrounding invoking Article 50, while they hold a second referendum on EU membership.
Interserve wins £60m services contract with JLL
Support services group Interserve has won a facilities management services contract worth £60m over its initial three year term with commercial and residential property services company JLL.
Revenue and earnings up for Ocado
Online grocer Ocado saw revenue and earning grow in the first half of the year, reporting gross sales of £582. 9m for the 24 weeks to 15 May on Tuesday, a 13. 9% rise on £511. 9m in the comparative period last year.
Redrow sees FY profit ahead of market views
FTSE 250 housebuilder Redrow said on Tuesday that thanks to a strong performance, it now expects pre-tax profit for the year to be above the top end of analysts’ estimates, which currently stand at £240m.
Old Mutual says Brexit 'may' impact underlying businesses
Old Mutual's underlying businesses may be affected by the UK's vote to leave the European Union, the company said on Tuesday.
Wood Group secures multi-million dollar contract offshore Brazil
Energy services company Wood Group has secured a multi-million dollar engineering and procurement services contract for Statoil’s Peregrino field offshore Brazil.
Shawbrook unearths 'irregularities' in asset finance lending
Challenger bank Shawbrook Group, having seen its shares fall by a precipitous 45% of their value in two days following the Brexit vote is facing a third day's losses after revealing it will take a £9m impairment charge after finding "irregularities" in loans made by its asset finance department.
London pre-open: FTSE to rebound after heavy losses
London stocks were expected to open higher on Tuesday, rebounding from two days of heavy losses as the pound regained a little ground in Asian trade.
Rolls blithe on Brexit, AstraZeneca given antibiotic approval
London open The FTSE 100 is predicted to bounce back from its large post-Brexit losses with a 70-point jump on Tuesday morning, according to futures bets.
Rolls Royce sees no immediate impact from Brexit; trading in line
Rolls-Royce said the UK's decision to leave the EU would not have an immediate impact on day-to-day business, adding that the medium and long-term effects would depend on whatever post-Brexit deal is agreed.
Astrazeneca wins approval for new antibiotic in fight against drug resistance
AstraZeneca has won European regulatory approval for Zavicefta, a combination antibiotic developed in response to the increasingly urgent need for new drugs to treat serious infections that are becoming increasingly resistant to antibiotics.