Latest News
Royal Mail trials seven-day parcel delivery
Royal Mail is starting a trial of Sunday parcel deliveries for major retailers to tap into the online shopping boom.
Avingtrans offloads Peter Brotherhood for £35m
Energy, medical and industrial components manufacturer Avingtrans has sold Peter Brotherhood to privately-held air and gas handling products company Howden Group, it announced on Friday, for a total consideration of £35m.
Sensyne signs £0.5m Covid-19 test deal with DHSC
Clinical artificial intelligence (AI) technology company Sensyne Health has signed a £0. 47m agreement with the Department of Health and Social Care, it announced on Friday, to conduct the second stage of a pilot study of its ‘MagnifEye’ technology for use with Covid-19 lateral flow diagnostic tests.
Advanced Oncotherapy demonstrates 'potential superiority' of LIGHT system
Advanced Oncotherapy said on Friday that it has demonstrated the “potential capability and superiority” of its ‘LIGHT’ cancer proton therapy treatment systems to treat resistant cancers.
Burberry lifts annual guidance after strong sales rebound
Luxury goods brand Burberry on Friday lifted full-year guidance after reporting a “strong rebound” in trading since December.
Alba reports 'significant' findings at Clogau-St David's project
Alba Mineral Resources announced the completion of its phase 1 surface drilling programme at the Clogau-St David’s Gold Mine on Friday.
Idox offloads compliance operations for £9m cash
Information management software company ldox has agreed the disposal of its compliance operations business to digital learning and technology provider Sponge Group, it announced on Friday, for £9m cash on completion.
LMS Capital FY portfolio losses widen as NAV slips
Investment firm LMS Capital said on Friday that full-year portfolio losses had widened in 2020 as its net asset value contracted.
Kistos to buy Tulip Oil Netherlands for €220m
Energy investor Kistos said it was buying Tulip Oil Netherlands for €220m.
UK-EU trade slumps as Brexit takes toll
The UK's exports to the EU plunged more than 40% in January as Brexit took its toll on Britain's trade with its European neighbours, official figures showed.
London open: Stocks nudge lower after GDP data
London stocks nudged lower in early trade on Friday as investors mulled the latest UK GDP reading.
UK GDP falls less-than-expected 2.9% in Jan; Exports to EU plunge
Britain’s economy contracted by a less-than-expected 2. 9% in January as the third national lockdown came into force, official data revealed on Friday, while exports to the EU plunged 40. 7% in the first month after the Brexit deal was signed.
Hollywood Bowl raises £30m in placing to accelerate expansion
Hollywood Bowl said on Friday that it has raised around £30m in a placing to accelerate its expansion plans.
Hammerson annual loss almost doubles
Hammerson's annual loss more than doubled as the value of its properties dropped and rental income plunged during the Covid-19 crisis.
Bodycote revenues, profits fall as it repositions business
Bodycote’s revenues fell 16. 9% in 2020 to £598m, it said on Friday, as its organic revenues declined 20%.
Renault sells Daimler stake for €1.14bn
France’s Renault said on Friday that it has sold its entire stake in German car maker Daimler for around €1. 14bn as it looks to pay off debt.
Burberry lifts full-year guidance, Berkeley Group trading remains 'robust'
London open The FTSE 100 is expected to open 28 points lower on Friday, having closed up 0. 17% on Thursday at 6,736. 96.
JD Sports moves into Eastern Europe with MIG stake
JD Sports Fashion made its first foray into central and eastern Europe after buying a 60% stake in Poland’s Marketing Investment Group (MIG).
London pre-open: Stocks seen lower as investors digest GDP
London stocks were to fall at the open on Friday as investors digest the latest UK GDP reading.
Friday newspaper round-up: Odey, Royal Mail, Barclays
Football Index, the self-styled “football stock market”, appeared to be heading into administration on Thursday evening, five days after a massive crash on its market that left its customers with tens of millions of pounds trapped in its platform. If the business collapses, it will be the biggest failure of any British betting company, possibly leaving individual customers facing potential losses of £200,000 or more. A statement posted on the Football Index website on Thursday evening said that “after a difficult and challenging week” for its users, a decision had been taken “to suspend the platform”.