Latest News
US pre-open: Stocks seen slightly higher ahead of earnings season
US futures pointed to a mildly firmer open on Wall Street on Monday as investors brace for the start of earnings season.
UK consumer spending weakens to near four year low
Spending by UK households has fallen for the second month in a row to its lowest quarterly level for three and a half years.
Stadium Group meets first half expectations
Connectivity solutions, power supplies, interface displays and electronic assemblies supplier Stadium Group updated the market on its trading for the six months to 30 June on Monday, confirming it was in line with management expectations.
UK citizen rights offer 'far short', EU's Brexit negotiator says
Theresa May’s offer to give European Union citizens a special status in the UK post-Brexit has been rebuffed by the bloc’s chief negotiator.
Savannah Resources raises £1.3m in placing
Savannah Resources announced on Monday that it raised approximately £1. 3m before expenses through the subscription of 25,085,954 new ordinary shares at a subscription price of 5. 25p per ordinary share, and the issue of one warrant per two subscription shares, having an exercise price of 6. 0p, with both new and existing investors.
Camden Market blaze under control, no injuries reported
Market Tech, the owner of Camden Lock Market, said on Monday that the fire which tore through a building overnight has been isolated and limited damage has been caused.
Columbus upbeat after strategic review
Onshore Trinidad-focussed oil and gas producer Columbus updated the market on its trading on Monday, confirming its new leadership team had completed its initial review of operations in Trinidad and its cost base across the company.
Cobham appoints ex RAF deputy commander as strategic adviser
Cobham has appointed former deputy commander of the Royal Air Force, Air Marshall Greg Bagwell, as strategic adviser.
Premier Technical increases revolving credit facility with HSBC
AIM-listed Premier Technical has increased its revolving credit facility with HSBC to £12m from £10m, with an unchanged expiry date of September 2020, while its overdraft facility has been upped to £8m from £4m.
London open: Stocks climb on Asian cues; Carillion crashes on profit warning
London stocks edged higher in early trade on Monday, taking their cue from a positive session in Asia following last week's better-than-expected non-farm payrolls report.
Schroders boosted by RBC Capital upgrade to 'outperform'
Asset manager Schroders got a boost on Monday as RBC Capital Markets upgraded the stock to 'outperform' from 'sector perform' and lifted the price target to 3,400p from 3,300p ahead of its first-half results on 27 July.
Michelmersh wins Battersea Power Station contract
AIM-listed Michelmersh Brick has won a contract to supply Battersea Power Station with 440,000 purpose-made, wire-cut bricks, which are being produced at its Blockleys plant in Shropshire.
Centamin production at Sukari still down on last year
Centamin posted its preliminary production results for the quarter to 30 June on Monday, from its Sukari Gold Mine in Egypt, with total gold production of 124,641 ounces.
TalkTalk takes Ferry from Dixons as CFO disembarks
TalkTalk Telecom Group has appointed Dixons Carphone's corporate affairs director Kate Ferry as its new chief finance officer after Iain Torrens decided to step down from the role later this year.
Wood Group wins three-year Maersk Culzean field contract
Wood Group has been awarded a new three-year contract by Maersk to deliver mechanical and management services for the hook-up and commissioning of the Culzean gas condensate field in the UK central North Sea.
London pre-open: Stocks seen higher on positive Asian cues
London stocks were set for a firmer open on Monday, taking their cue from a positive session in Asia following last week's better-than-expected non-farm payrolls report.
Monday newspaper round-up: Business confidence, Visa, Brexit, 5G auction, tax
Confidence among both large and small businesses has collapsed amid mounting concerns over the domestic political backdrop and fresh evidence that households, the engine of recent economic growth, are tightening their belts. A series of business and household surveys have raised concerns that the UK may be performing as poorly as it was at the start of the year, when the economy grew by only 0. 2 per cent in three months. - The Times.