Latest News
UK mortgage approvals edge lower
Mortgage approvals in the UK fell marginally in June as the upwards momentum seen earlier this year continues to tail off, though there are signs that the housing market is beginning to stabilise.
Me group signs new partnership with forecourt operator MFG
ME Group International said on Monday that it has signed a new partnership agreement with forecourt operator Motor Fuel Group, which will see it install and operate up to 300 Wash. ME Revolution laundry machines across MFG's UK sites over the next five years.
Ixico reports progress in Huntington's disease imaging consortium
Medical imaging analytics specialist Ixico reported significant progress in its Huntington's disease imaging harmonisation (HD-IH) consortium on Monday.
Kretinsky and UK business secretary hold 'constructive' talks on Royal Mail takeover
Czech billionaire Daniel Kretinsky held "constructive" talks with UK business secretary Jonathan Reynolds last Tuesday regarding his proposed takeover of Royal Mail parent company International Distribution Services.
Concurrent Technologies launches new plug-in card
Concurrent Technologies announced the launch of its new compute-intensive plug-in card (PIC) on Monday - the TR MDx/6sd-RCR.
Quartix Technologies reports 10pc rise in first-half revenue
Vehicle tracking systems specialist Quartix Technologies reported a 10% improvement in first-half group revenue on Monday, to £16. 1m, up from £14. 6m in the same period last year.
SkinBioTherapeutics reports better-than-expected full-year trading
Skin health-focussed life science company SkinBioTherapeutics reported better-than-expected trading results for the 12 months ended 30 June on Monday, boosted by the acquisition of Dermatonics and the continued growth of its AxisBiotix-Ps product.
Alliance Pharma flags solid rise in first-half revenue
Alliance Pharma said in a half-year trading update on Monday that its revenue rose to £84. 8m, a 2. 8% increase year-on-year, and a 5% increase at constant exchange rates.
Berenberg hikes target price on Natwest
Analysts at Berenberg hiked their target price on banking group Natwest from 350. 0p to 415. 0p on Monday following the group's "comprehensively strong" Q2 results last week.
Pan African reports rise in full-year gold production
Pan African Resources reported a 6. 2% increase in gold production in a full-year update on Monday, achieving a total output of 186,039 ounces.
HgCapital reports solid first-half performance
HgCapital Trust reported a strong first-half performance in its underlying portfolio in an update on Monday, with its estimated net asset value (NAV) per share reaching 524p, representing a total return of 5. 6% on an NAV basis.
Mkango strikes mining development agreement with Malawi government
Mineral exploration and development firm Mkango Resources has inked a mining development agreement with the Malawi government for its Songwe Hill rare earth project.
Future CFSO Ladkin-Brand steps down
Media group Future said on Monday that chief financial and strategy officer Penny Ladkin-Brand has stepped down from the board with effect from 28 July.
Journeo receives purchase order from Metroline Manchester
Technology group Journeo said on Monday that it had secured a £2. 1m bus safety systems and software purchase order from Metroline Manchester.
Balanced Commercial Property NAV narrows amid office sector weakness
Balanced Commercial Property Trust reported a net asset value total return of -0. 8% for the quarter ended 30 June on Monday, reflecting continued economic pressures on the real estate sector.
UK job vacancies drop almost 20pc despite economic growth
The UK job market saw a downturn in June, with job vacancies plummeting by almost a fifth - 19. 49% - according to fresh data on Monday, suggesting that recent economic growth had not yet translated into hiring.
Jefferies hikes Drax target by 25% after strong interim results
Jefferies has hiked its target price for power station operator Drax by 25% after a "confident" presentation from the firm in last week's interim results gave the market increased visibility over the future outlook.
Reckitt Benckiser tumbles on litigation woes
Consumer goods giant Reckitt Benckiser tumbled on Monday amid concerns about potential litigation.
Asia report: Most markets rise after US inflation reading
Asia-Pacific markets saw a positive start to the week on Monday, with Japan's benchmark index leading the gains.
Dotdigital FY revenues up double-digits
Software-as-a-service provider Dotdigital said on Monday that the twelve months ended 30 June had been "a year of financial and strategic progress".