Latest News
Cornish Metals opens South Crofty water treatment plant
Tin-focussed mineral explorer and developer Cornish Metals announced a significant milestone on Thursday, with the official opening of its water treatment plant (WTP) as part of its efforts to revitalise the South Crofty mine.
Sutton Harbour agrees extension to bank loan repayments
Sutton Harbour Group updated the market on its bank loan on Thursday, reporting that it has agreed with its bankers to extend the repayment of £1. 6m of its term loan from 31 October.
Alumasc trading in line despite challenging market
Building products supplier Alumasc said in a Thursday trading update that despite market challenges, it put in a strong and resilient performance in the first quarter, aligning with the board’s projections.
Kromek wins $5.9m contract with US Department of Homeland Security
Radiation detection solutions group Kromek has been awarded a $5. 9m contract from the US Department of Homeland Security for the research and development of technologies focusing on an agent-agnostic bio-detection system.
IPF sees 'good momentum' continue through Q3
Financial services firm International Personal Finance said on Thursday that "good momentum" from the first half had continued through the third quarter, with the group now expecting to perform ahead of internal plans.
Retail sales slide for sixth consecutive month - CBI
Retail sales volumes tumbled in October, industry research showed on Thursday, as higher interest rates and cost of living pressures continued to weigh heavily.
London midday: Stocks stay down ahead of ECB; StanChart slides
London stocks were still in the red by midday on Thursday as investors eyed the latest policy announcement from the European Central Bank and US GDP data, with Standard Chartered under the cosh after third-quarter results.
Boohoo facing potential investor lawsuit - report
Boohoo Group is facing potential legal action from investors after allegations of illegal working conditions hit the fast fashion retailer’s share price, it was reported on Thursday.
R&Q inks significant loss portfolio transfer deal
R&Q announced a significant loss portfolio transfer (LPT) reinsurance agreement with an unnamed prominent UK motor insurer on Thursday.
Siemens Energy in talks with govt about potential state guarantees
Siemens Energy tanked on Thursday after confirming it is in talks with the German government about potential state guarantees to shore up its balance sheet.
Mattioli Woods trading in line as solid demand continues
Specialist wealth and asset manager Mattioli Woods reported consistent demand for its advisory services in an update on Thursday, resulting in growth in its advisory business.
HelloFresh shares plunge as customers numbers slip in Q3
Shares in HelloFresh tumbled over 10% on Thursday after the Berlin-based meal-kit subscription group missed revenue and customer forecasts in the third quarter.
Heathrow YTD losses narrow amid strong summer demand
Heathrow Airport upped its full-year passenger forecast on Thursday as it posted a narrowing of its year-to-date losses following strong demand for travel through the summer months.
Pizza Express owner considering bid for Restaurant Group
The Restaurant Group confirmed on Thursday that Wheel Topco, the owner of Pizza Express, is considering making a bid for the company.
US pre-open: Sell-off to continue as Meta results underwhelm
US stock futures were pointing to a further sell-off on Wall Street on Thursday as Meta Platforms joined Alphabet in underwhelming the market with quarterly earnings.
Tech issues hit interim profits at C&C
C&C Group reported a sharp fall in half-year profits on Thursday, after the implementation of a new software system hit the British distribution business.
UK car output up 40% in September, as SMMT calls for delay to Brexit tariffs
UK carmakers increased output by nearly 40% in September, but industry leaders have warned of the imminent threat of new Brexit rules that could see the cost of electric vehicles rise by over £3,000.
Asia report: Region joins sell-off, Korean growth beats forecasts
Asia-Pacific markets saw a widespread sell-off on Thursday, with several indices posting significant losses and Australia’s main board reaching 12-month lows.
Safestyle tumbles as hopes for capital injection, new financing fade
Windows and doors retailer Safestyle warned on Thursday that it no longer expects to be in receipt of any form of capital injection or new financing, sending its shares sharply lower.
Foxtons sees fall in property sales
Foxtons Group reported a slight uptick in revenues on Thursday, despite a slump in house sales in the capital.