Latest News
Persimmon lays down 'excellent' first half foundation
Housebuilder Persimmon put together an excellent foundation to its financial year, reporting resilient consumer confidence and strong momentum moving into the second half.
Coal of Africa settles long-running dispute with Rio Tinto
Coal of Africa and its subsidiary company MbeuYashu confirmed the fulfilment of all of its obligations to Rio Tinto on Wednesday.
Nanoco Group to receive Innovate UK grant
Cadmium-free quantum dot and other nanomaterials developer and manufacturer Nanoco Group was awarded a major grant from Innovate UK, it was revealed on Wednesday, to support its ongoing research into the use of quantum dot nanoparticles within cancer imaging.
UK services growth weakens, business optimism evaporates
Growth in the UK's services sector weakened to its lowest in four months in June, according to a Markit survey published on Wednesday that also found business optimism dropped to its second-lowest in over five and half years.
Eurozone retail sales rise more than expected in May
Retail sales in the eurozone rose more than expected in May, according to data released by Eurostat on Wednesday.
Europe open: Stocks under slight selling pressure amid geopolitical tensions
Shares were under slight selling pressure at the start of the day, with central banks still in focus even as traders kept a wary eye on events in Qatar and on the North Korean peninsula.
Berenberg downgrades Worldpay after bid approaches
Berenberg downgraded Worldpay to 'hold' from 'buy' but lifted the price target to 450p from 327p following news on Tuesday that the payments processor has received preliminary approaches from Vantiv Inc and JPMorgan Chase Bank.
Ban lifted with "immediate effect" on Emirates flights
Emirates airline, the largest airline in the Middle east, announced Monday that the cabin ban on laptops and other electronic devices had been lifted.
Qatar economic outlook downgraded by Moody's amid Gulf crisis
Ratings agency Moody’s downgraded its outlook on Qatar’s long-term debt as the Gulf state attempts to come to an agreement with its neighbours following a recent diplomatic crisis in the region.
MJ Gleeson sees FY results at top end of expectations
Housebuilder MJ Gleeson said on Wednesday that its full-year results are likely to exceed the top end of expectations amid strong demand, as it announced plans to double housing completions within the next five years.
UK retail sector nears end of four-year deflationary cycle - BRC-Nielsen
Retail sector price deflation fell to its lowest rate in over three and a half years in June, according to a survey of the industry, as the effects of the weak pound and rising commodity prices continued to feed through.
Topps Tiles Q3 sales drop amid weaker macroeconomic conditions
Tile specialist Topps Tiles posted a drop in third-quarter sales amid weaker macroeconomic conditions.
EU supply wins new contract for CTM platform
AIM-listed e-procurement software provider EU Supply has entered into a contract with the Norwegian Government Agency for Financial Management for the use of its CTM platform.
AA cuts debt with new bond issue
AA, the roadside assistance and insurance provider, has issued £250m of bonds and reduced its senior debt by £98m with a new senior facility at reduced margins.
SIG in line with forecasts as Europe trading remains strong
Specialist building products distributor SIG updated the market on its trading in the six months to 30 June on Wednesday, which the board said was “in line” with expectations.
London open: Stocks flat ahead of services data
London stocks were steady in early trade on Wednesday as investors eyed the release of some key services data.
Ocado sales surge but profits held back amid further investment
Ocado, the online grocery specialist, increased orders volumes and revenues in the first half of the year but saw profits shrink and debt grow due to investments in its third 'customer fulfilment centre', in Andover.
Booker Q1 sales up on late Easter, favourable weather
Food wholesaler Booker reported growth in like-for-like sales in the first quarter thanks to the late Easter and favourable weather.
McCarthy & Stone regains momentum despite political uncertainty
Retirement housebuilder McCarthy & Stone updated the market on its for the period from 1 March to 4 July, supplementing its half-year results released in early April and ahead of the year end on 31 August.