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Mitie buys engineering services firm JCA for £31.5m
FTSE 250 facilities management group Mitie is spending £31. 5m to buy Stevenage-based JC Engineering, a specialist in cooling systems for data centres.
London pre-open: Stocks seen up on positive Asian cues
London stocks were set to gain at the open on Monday, taking their cue from a positive Asian session.
Monday newspaper round-up: AI lab, fuel prices, pension contributions
About 7,000 businesses are likely to fail every quarter in 2024 as high interest rates cause financial strain and the UK economy enters recession, according to a thinktank. The Centre for Economics and Business Research said debt taken on during the pandemic, higher borrowing costs and the cost of living crisis would drive an increasing number of businesses under, particularly in the retail and hospitality sectors. – Guardian.
Wood Group signs $330m services deal with Harbour Energy
Engineering company Wood Group said it had struck a $330m services agreement with North Sea oil and gas producer Harbour Energy.
CMC Markets appoints Albert Soleiman as CFO
Online trading platform CMC Markets said it had appointed Albert Soleiman as chief financial officer, replacing Euan Marshall, who has retired from the board.