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Latest News
01 Aug
intertek
Intertek's H1 profit rises, sees no impact from Brexit

Intertek reported a jump in first-half profit as revenue grew strongly and said the UK’s decision to leave the European Union was unlikely to affect the company’s growth opportunities.

01 Aug
satellite, space, communications
Inmarsat shuns bid for debt-laden Avanti

Inmarsat has passed up the opportunity to make a bid for cash strapped smaller rival Avanti Communications, which put itself up for sale last month.

01 Aug
pharma, biotech, drugs, lab, gsk, glaxo, trials,  clinical
GlaxoSmithKline links with Alphabet on new bioelectronics company

GlaxoSmithKline announced a new agreement on Monday, with Verily Life Sciences - formerly Google Life Sciences, an Alphabet company - to form Galvani Bioelectronics.

01 Aug
trois-ex-traders-de-barclays-reconnus-coupables-dans-l-affaire-du-libor
Barclays Tier 1 capital ratio falls to 7.3% under EU stress test

Barclays said its Tier 1 capital ratio fell to 7. 3% from a 2015 year-end position of 11. 4% under a stress test conducted by the European Banking Authority under the European Union's Capital Requirements Directive.

01 Aug
Westminster, London, politics, government, Big Ben
London pre-open: Stocks seen higher as investors eye manufacturing PMI

London stocks were expected to open higher on Monday as investors look ahead to some key manufacturing data later in the day and the Bank of England rate announcement on Thursday.

01 Aug
burberry covent garden store, fashion, retail
Burberry acquires total control of China business

Burberry has taken full control of its retail business in China, snapping up the final 15% it did not own for £54m.

01 Aug
Monday newspaper round-up: Banks, BoE, Morrison's, BT

Britain’s top bank bosses believe an interest rate cut this week is not the best way to boost the economy, arguing instead for alternative options such as investment incentives. Markets are almost certain that the Bank of England will cut its base rate from 0. 5pc to 0. 25pc this Thursday. The move would represent a new record low, after rates have been on hold since March 2009. - Telegraph.