Latest News
DCC divests majority stake in liquid gas business
Sales firm DCC has divested its majority stake in liquid gas business Hong Kong & Macau to Asian industrial group CITADEL Pacific.
Hays sees FY profit at bottom end of views as Q4 fees drop
Recruiter Hays said on Thursday that full-year profit was set to be around the bottom end of the market consensus range of £106m to £113m as it posted a drop in fourth-quarter net fees.
Galliford Try FY profits and revenue to beat analysts’ expectations
Construction group Galliford Try said on Thursday that full-year revenue and profit were set to be above the upper end of current analyst forecasts as "strong momentum" reported at the first half continued into the second.
Wood Group backs full-year outlook despite revenue dip
John Wood Group reiterated its full-year outlook on Thursday, despite a fall in interim revenues.
Trustpilot H1 revenues grow
Review website operator Trustpilot said on Thursday that interim revenues had grown, reflecting momentum across its focus markets and "significantly improved" retention in North America.
Workspace grows Q1 rental income as pricing improves
Office owner and operator Workspace Group said an improvement in pricing helped lift rental income in its first quarter as occupancy held stable, while new lettings were bolstered by "resilient" customer demand.
Asia close: Stocks rise, Chinese third plenum and geopolitics in focus
Shares were higher across most of the Asia-Pacific region, albeit sometimes with a helping hand from authorities.
London open: FTSE nudges up after stronger-than-expected UK GDP
London stocks nudged higher in early trade on Thursday following better-than-expected UK GDP data, as investors looked ahead to the latest US inflation reading.
Europe open: Shares up ahead of US inflation print; UK GDP on the rise
European shares opened higher on Thursday ahead of a key US inflation report and news that the UK economy grew more than expected in May.
Pennon upbeat on Ofwat determinations, announces CFO change
Pennon Group shares were in the green on Thursday morning, as the company responded to the draft determinations from Ofwat for the K8 period, covering 2025 to 2030.
Berenberg initiates coverage on Idox at 'buy'
Analysts at Berenberg initiated coverage on software specialist Idox with a 'buy' rating and 81. 0p target price on Thursday, citing an attractive geo-spatial opportunity.
Moonpig slumps as investors offload 35m shares in placing
Moonpig slumped on Thursday after a group of investors sold 35m shares in the company in a placing via Citi, JPMorgan and Jefferies, raising proceeds of approximately £61m.
UK economy gathers momentum in May
The UK economy grew by more than expected in May, official data released on Thursday showed.
Bytes Technology trades well amid 'competitive market environment'
Computer software reseller Bytes Technology Group said on Thursday that it has continued to "trade well" against the backdrop of a "competitive market environment", with good growth across key financial performance metrics for the first four months of the trading year.
LondonMetric disposes of five properties for £26.7m
Real estate investment trust LondonMetric Property has disposed of five properties for a combined total of £26. 7m.
Frasers Group ups stake in Hugo Boss
Frasers Group has increased its stake in German fashion brand Hugo Boss, the UK retailer confirmed on Thursday.
RS Group expects LFL sales decline to ease
Industrial maintenance, repair and operation products firm RS Group said it continues to expect a stabilisation in trading conditions over the current financial year, after a slight fall in like-for-like sales in the first quarter.
German June CPI confirmed at 2.2%
German inflation was confirmed at 2. 2% in June, down from 2. 4% in May, the federal statistics agency said on Thursday.
Severn Trent on track after strong Q1
Water provider Severn Trent has hailed a strong financial performance over its first quarter and said it continues to expect to hit guidance.
London pre-open: Stocks to rise after better-than-expected UK GDP
London stocks were set to rise at the open on Thursday following a positive close on Wall Street and better-than-expected UK GDP data, as investors looked ahead to the latest US inflation reading.