Latest News
HICL Infrastructure Company completes acquisition of stake in US motorway
Investor HICL Infrastructure Company has completed the £166. 4m acquisition of a 33. 3% stake in the Northwest Parkway motorway project in the US.
President Energy's oil well work on time and on budget
AIM-listed oil and gas explorer President Energy said that the first workover of a producing well at the Dos Puntitas field in Argentina has completed on time and on budget.
Brockham well was totally authorised, says Angus Energy
Angus Energy was forced to respond to media reports claiming the drilling of its Brockham X4Z well was “unauthorised” on Friday.
JRP Group's profit surges following merger
Following the merger of Just Retirement and Partnership last April, JRP Group’s profit grew last year on the back of new business.
London open: Stocks start higher ahead of February US jobs data
Stocks began the morning with a small upwards push, tracking similar sized gains overnight on Wall Street, with traders looking towards official US non-farm payrolls data later on Friday.
Civitas Social Housing buys supported living properties for £9.1m
London-listed investment trust Civitas Social Housing has bought a portfolio of supported living properties across Britain for £9. 1m.
LXI REIT to buy Sheffield car park and fund BathTravelodge development
LXI Real Estate Investment Trust is to buy a Sheffield car park and is to provide funding for a development of a new Travelodge hotel in Bath.
Hikma US unit launches anti-depression tablets
Hikma Pharmaceuticals said its wholly-owned US subsidiary West-Ward Pharmaceuticals Corp. had launched its anti-depression tablets Pristiq (Desvenlafaxine Succinate).
Esure in 'full growth mode' as insurance premiums rise
Motor and home insurer Esure Group said it was now in "full growth mode" as underlying profit surged 20% in 2016, with premiums ahead of expectations and barely any effect from the now infamous changes to the 'Ogden' rate.
Wetherspoon sees improved FY trading despite lower H2 sales
Pub operator JD Wetherspoon forecast “slightly improved” trading for the current year, despite higher costs and weaker like-for-like sales as it attacked Wednesday's Budget as one “for dinner parties”.
Philip Bowcock confirmed as William Hill CEO
Bookmaker and gambling operator William Hill announced the appointment of Philip Bowcock as chief executive officer on Friday, with immediate effect.
London pre-open: Traders focused on US jobs report, risk of break-out in US Treasury yields
London´s top flight index was being called to start the session higher, with traders now focused on Friday's US jobs report for February and the ensuing reaction in the Treasury market, as Thursday´s ECB meeting faded in the rear-view mirror.
Segro buys remaining stake in Heathrow property portfolio for £365m
Property developer Segro has bought the remaining 50% stake in the Airport Property Partnership (APP) joint venture it does not already own from Aviva Group Entities for £365m.
Friday newspaper round-up: NICs delay, Brexit rebate, Mars, Blue
Theresa May said she will delay legislating to implement a controversial national insurance rise for self-employed workers until the autumn, after a public rebellion by senior Conservatives, including a government minister. The measure was a centrepiece of Philip Hammond’s first budget, which had appeared to be unravelling on Thursday, as a series of MPs voiced concern about the policy. - Guardian.
BT to create arms-length Openreach division, Amec wins two contracts in Brunei and Kuwait
London open.
Amec Foster Wheeler wins Brunei, Kuwait contracts
Amec Foster Wheeler on Friday said it it had won separate contracts in Brunei and Kuwait for undisclosed values.