Latest News
Haydale completes fundraising with oversubscribed open offer
Haydale Graphene Industries announced on Tuesday that it has raised gross proceeds of £0. 5m in the open offer announced on 23 September, which was heavily oversubscribed.
1Spatial enters reseller agreement with mapping firm HERE
Global spatial software, service and data quality company 1Spatial announced on Tuesday that it has entered into a reseller distribution agreement with navigation, mapping and location experiences provider HERE.
Volution revenue and earnings surge in final results
Residential and commercial construction ventilation company Volution posted its audited results for the year to 31 July on Tuesday, with revenue up 18. 7% to £154. 5m, or 18. 6% at constant currencies.
UK tourism spikes as £2.5bn spent in July due to weak pound
As the pound tumbled in the wake of the EU referendum, tourism soared in Britain as July logged its biggest month for visitors, according to the VisitBritain tourism agency.
Ted Baker posts rise in H1 profit, lifts dividend
Fashion retailer Ted Baker reported a jump in interim profit as revenue grew and the company lifted its dividend following a good performance across all channels, despite challenging trading conditions.
Base Resources resource at Kwale sees small increase
Base Resources updated the market on its mineral resources and ore reserves at the 100% owned-and-operated Kwale operation on Tuesday, for the year to 30 June.
Sky invests $2m in consumer electronics start-up Caavo
Sky has invested $2m in US-based consumer electronics start-up Caavo.
UBS downgrades BHP and South32, ups Anglo
UBS downgraded BHP Billiton to ‘neutral’ from ‘buy’ as it took a look at the mining sector, lifting the price target to 1,300p from 1,200p, saying the risk/reward was now balanced after a strong recovery in the share price.
Europe open: Stocks waver as oil slips back
European stocks wavered in early trade following healthy gains in the previous session, as oil prices steadied after Monday’s rally.
London open: Stocks edge higher as pound drifts lower
Stocks in London started lower but quickly moved back into the black following gains in the previous session.
Wood Group secures contract with Suncor Energy to reduce oil well costs
Oil and gas service company Wood Group was awarded a three-year contract to work on Suncor Energy’s heavy oil well pads in Canada due to its cost-saving designs.
BP shelves Great Australia Bight exploration, Dudley eyes $55-$70 oil
In the face of staunch environmental protests, BP has decided to shelve its exploration drilling programme in the Great Australian Bight in order to channel capital into more profitable opportunities.
Great Portland Estates lets 93,000 sq ft since July
Great Portland Estates announced on Tuesday that it had completed 92,800 sq ft of lettings since 1 July, generating a combined annual rent of £7. 9m, with GPE’s share at £7. 1m and market lettings broadly in-line with March 2016 ERV.
Tritax Big Box buys two logistics facilities
Tritax Big Box has exchanged contracts with a “major UK institution” to buy two modern Big Box logistics facilities in Birmingham and Northamptonshire for £115. 5m. ".
Progress on inflation has been unsatisfactory, Fed´s Evans says
Progress on inflation has been unsatisfactory and there continues to be "substantial uncertainty" on close the economy is to full-employment, a top US central bank official said.
Retail sales surprisingly pick up in September, BRC finds
UK retail sales unexpectedly rebounded in September as strong growth in food spending counterbalanced weather-weakened clothing sales, according to a closely followed survey.
Victrex bounces back with strong second half
Plastics group Victrex enjoyed an improved second half, but full year sales still shrank due to consumer electronics weakness that is expected to persist.
SIG poaches McCarthy & Stone's CFO Nick Maddock
Construction supplier SIG poached Nick Maddock of housebuilder McCarthy & Stone to replace its outgoing chief financial officer.
PageGroup reports rise in Q3 profit but cautious on UK, short-term outlook
FTSE 250 recruitment firm PageGroup reported a rise in total third-quarter profit but a drop in the UK, as it expressed caution following the result of the EU referendum.
Grainger claims solid growth, gets go-ahead for Apex House
Residential property investment and management company Grainger provided an update on trading for the year to 30 September on Tuesday, reporting “good rental growth” and “strong sales performance” as a result of cost reductions.