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ME Group confident after strong first half
Instant-service equipment specialist ME Group International reported a robust set of interim results on Monday, with a 4. 6% increase in revenue to £150. 4m and an 11. 1% rise in EBITDA to £51. 2m.
Spectra Systems scores lottery contract renewal
Banknote authentication specialist Spectra System has again been selected to provide lottery gaming software to "a major western state lottery" in the US.
London open: Stocks fall after disappointing China data, Burberry profit warning
London stocks fell in early trade on Monday following disappointing Chinese GDP figures and a profit warning from Burberry.
Antler sells entire stake in Baltic Classifieds
Baltic Classifieds said on Monday after Antler, which is controlled by funds advised by Apax, has sold off its remaining 13% stake in the company in a placing.
Robert Walters says tough macro conditions lasting longer than expected
Recruitment company Robert Walters saw a continued decline in net fee income in it second quarter as it continues to battle with "muted" client and candidate confidence, saying that challenging market conditions are lasting longer than initially expected.
Burberry ousts CEO, flags loss, suspends divi, Me Group reports first-half growth
London open The FTSE 100 is expected to open 29 points lower on Monday, having closed up 0. 36% on Friday at 8,252. 91.
Chinese economic outlook worsens as data flurry misses forecasts
A flurry of economic data from China pointed to weakening conditions in the world's second largest economy over the final month of the second quarter.
London pre-open: Stocks seen weaker after disappointing Chinese GDP
London stocks were set to fall at the open on Monday as investors digested disappointing Chinese GDP figures.
Monday newspaper round-up: Lloyds Banking, Sky News, Hotel Chocolat
A solar energy project developer linked to Thames Water is to be liquidated and its staff made redundant as the crisis engulfing the debt-laden water supplier puts strain on its complex corporate structure. Trinzic Operations Ltd, which is ultimately owned by Thames’s parent company Kemble Water Holdings, is to be voluntarily shut down, the Guardian can reveal. – Guardian.
UK house prices soften in July - Rightmove
UK house prices dipped in July, industry data showed on Monday, as the general election, international sporting events and the start of the summer holidays unsettled the market.