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Grainger's profit rises as it secures £389m of investment
Grainger’s full-year profits rose as it secured £389m of investment and sold non-core businesses as part of its growth strategy.
Glencore's debt reduction nears completion, plans to return $1bn to shareholders
Glencore’s plan to reduce its debt as commodity prices retreat is near completion as it finalised the sales of its agriculture and Australian rail businesses, while it plans to return $1bn to shareholders.
Daily Mail operating profit drops but results top expectations
Daily Mail & General Trust reported a drop in pre-tax profit and operating profit for the year to the end of September, amid challenging market conditions for print advertising revenues, but the results were ahead of expectations.
Serco reiterates 2017 outlook, wins contract with Barts Health NHS
FTSE 250 service company Serco reiterated its outlook for next year as it said it should move into the ‘growth’ phase of its transformation plan in 2018 and announced a £600m contract with Barts Health NHS Trust for the provision of soft facilities management services.
Great Portland announces two more Soho lettings
Great Portland Estates has let a further 25,200 sq. ft. of office space in its recently completed development at 30 Broadwick Street, London W1.
Rio Tinto confirms US probe into Mozambique coal deal
Rio Tinto confirmed on Thursday that it is cooperating with inquiries from the relevant authorities relating to the impairment included in the company's 2012 accounts in respect of Rio Tinto Coal Mozambique.
Glencore to return $1bn to shareholders, Rio confirms US probe
London’s FTSE 100 was called to open 12 points lower at 6,772.
London pre-open: Stocks seen touch weaker as investors digest OPEC deal
Stocks in London were set for a steady open on Thursday as investors continue to digest OPEC’s agreement to cut oil production.
Thursday newspaper round-up: Pensions, Fitbit, Glaxo, Logica
Labour has vowed to protect pensioner benefits, free bus passes and the winter fuel payment until 2025 in an attempt to dent the overwhelming support for the Conservative party among older voters. The £3bn-a-year commitment comes just one week after Philip Hammond, the chancellor, hinted that the pensions triple lock — under which pensions rise by the highest of inflation, earnings or 2. 5 per cent — could be abandoned after 2020. – Financial Times.