Latest News
Oxford Biomedica inks LSA with US biotech firm, launches new project with Orchard Therapeutics
Gene and cell therapy group Oxford Biomedica inked a new licence and supply agreement with an unnamed US private biotechnology on Tuesday company and also launched a new project with Orchard Therapeutics.
Sabre Insurance expecting recovery after first-half profits fall
Sabre Insurance announced an interim dividend of 2. 8p per share on Tuesday, down from 3. 7p a year ago but in line with its policy, after reporting a strong balance sheet and a fall in profits.
Wickes shares tumble as retailer lowers FY guidance
Shares in home improvement retailer Wickes were sharply lower early on Tuesday after the group downgraded full-year profit guidance and said it remained "watchful" of current macroeconomic conditions as it looks to manage the business "appropriately" amid external pressures.
Heathrow sees better punctuality after passenger cap
UK airport Heathrow said punctuality and baggage handling had improved after imposing a cap on flight numbers due to weeks of travel chaos, but warned that a shortage of ground handling staff was still causing problems.
Shoe Zone lifts profits guidance again
Shoe Zone lifted annual guidance for the second time after reporting trading has been better than expected since it issued its most recent update in June.
Bridgepoint turns out solid first-half performance
Bridgepoint reported a rise in both revenue and underlying EBITDA in its first half on Tuesday, of 15% to £140. 1m and 17% to £61. 8m year-on-year, respectively.
Games Workshop FY profits rise despite heavy Brexit costs
Warhammer maker Games Workshop reported a rise in annual profits despite a surge in Brexit-related costs.
London open: Stocks in the black as miners, Unilever rally
London stocks rose in early trade on Tuesday, bucking the broader trend as strength in the mining sector and some well-received results from Unilever helped to underpin the mood.
France's Eutelsat to merge with UK rival OneWeb
French satellite company Eutelsat Communications said on Tuesday that it has agreed an all-share merger with UK rival OneWeb to create "a leading global player in connectivity".
Unilever lifts FY guidance as first-half sales rise
Consumer goods giant Unilever reported a jump in first-half underlying sales on Tuesday after raising prices to tackle higher costs, as it lifted its sales growth guidance for the year.
Mitie Q1 trading 'strong', revenues grow
Facilities management outfit Mitie said on Tuesday that Q1 trading had been "strong", with the group witnessing continued good momentum throughout the period.
Tyman lifts dividend as H1 profits grow
Building products manufacturer Tyman reported a rise in first-half profit and revenue on Tuesday and lifted its dividend as it hiked prices to counter cost inflation.
Drax first-half profit grows, full-year expectations backed
Renewable power generator Drax backed its full-year expectations on Tuesday as it posted a rise in first-half profit amid solid demand.
Workspace offloads Newbury medical centre for £7.25m
Flexible office space provider Workspace Group has disposed of a medical centre in Newbury for a total of £7. 25m.
Bytes starts new fiscal year with strong growth
Software, security and cloud services specialist Bytes Technology Group said growth in gross invoiced income, gross profit and adjusted operating profit all "comfortably" in double digits for the first four months of the financial year.
Compass Q3 revenues more than double, EasyJet Q4 capacity at roughly 90% of pre-Covid levels
London pre-open The FTSE 100 was being called to open 9. 7 points higher ahead of the bell on Tuesday after closing 0. 41% higher on Monday at 7,306. 30.
London pre-open: Stocks seen muted as Fed meeting gets underway
London stocks were set for a muted open on Tuesday as the US Federal Reserve’s two-day policy meeting kicks off.
Travel chaos costs easyJet £133m in Q3
Staff shortages and travel chaos at airports cost easyJet £133m in the third quarter, the budget airline said on Tuesday.
Compass revenues more than double in Q3
Food services group Compass said on Tuesday that underlying revenues had more than doubled in three months ended 30 June, with all three of the company's trading regions operating above 2019 levels.
Tuesday newspaper round-up: Energy bills, Amazon, Sunak
Millions of people will be plunged into “unmanageable” debt this winter unless the government comes up with more support for those struggling to pay their energy bills, MPs have warned. – Guardian.