Latest News
Thames Water taps Julian Gething for chief restructuring officer
Embattled utility provider Thames Water has tapped AlixPartners' Julian Gething to oversee its debt restructuring as it looks to evade temporary nationalisation.
Canaccord Genuity predicts big upside at PensionBee
Canaccord Genuity has initiated coverage of personal pension scheme provider PensionBee with a 'buy' rating, viewing the investment as "the ultimate high-growth pension stock".
Delivery Hero tumbles on change to Spanish worker conditions
Delivery Hero's shares tumbled on Monday morning, after the company announced a major operational shift for its Spanish subsidiary Glovo.
Faron Pharmaceuticals reports regulatory progress in the UK
Clinical-stage biopharmaceutical company Faron Pharmaceuticals announced significant regulatory progress in the UK for its lead asset bexmarilimab on Monday.
Gamma Communications planning move to London's main market
Gamma Communications announced plans to transition to the premium listing segment of London’s main market on Monday, targeting completion by mid-2025.
PetroTal upbeat as it takes over Peru's block 131
PetroTal announced the completion of its acquisition of a 100% working interest in Peru's block 131 on Monday, following its agreement to purchase CEPSA Peruana, the Peruvian business unit of Compañía Española de Petróleos (CEPSA).
Supreme buys Typhoo Tea for £10.2m
AIM-listed Supreme confirmed on Monday that it has bought Typhoo Tea out of administration for £10. 2m in cash.
Eurozone unemployment holds steady at record low
Unemployment in the eurozone held steady a record low for the third straight month in October, according to figures out on Monday from Eurostat.
K3 Business Technology proposes sale of NexSys Solutions arm
K3 Business Technology has proposed the sale of its NexSys Solutions unit to Advent-backed software firm SYSPRO for £36. 0m.
Brooks Macdonald expands in East Anglia with Lucas Fettes acquisition
Brooks Macdonald Group announced the completion of its acquisition of Lucas Fettes Financial Planning, a Norwich-based financial planning provider, on Monday.
Stellantis shares slump after CEO's shock departure
Shares in auto giant Stellantis slumped on Monday after the shock resignation of Carlos Tavares as the chief executive over the weekend.
UK manufacturing output falls to nine-month low
UK manufacturing activity fell to a nine-month low in November as new orders fell, according to a survey released on Monday.
Boohoo repays £50m of its £97m term loan
Boohoo Group announced the repayment of £50m from its £97m term loan on Monday, as part of its recently completed refinancing arrangements.
Asia report: Markets rise as China's manufacturing activity expands
Asia-Pacific markets advanced on Monday as investors turned their attention to key economic readings across the region, buoyed by strong data out of China and Australia.
Topps Tiles hits back after MS Galleon criticism
Topps Tiles hit back on Monday after its largest shareholder MS Galleon criticised the tile specialist for a series of "costly blunders" and called on the board to overhaul its senior management and strategy.
Metals Exploration makes takeover bid for Condor Gold
Condor Gold said on Monday that it has received a non-binding takeover offer from AIM-listed group Metals Exploration.
Review could see UK data releases return to mid-morning
The UK government is poised to decide early next year whether to shift the release of key economic data to within financial market hours, it emerged on Monday, in response to concerns from traders and market participants over volatility caused by the current pre-market timing.
Eurozone manufacturing outlook remains bleak as contraction worsens
The manufacturing downturn across the eurozone worsened in November, data from S&P Global and Hamburg Commercial Bank (HCOB) confirmed on Monday, with the rate of contraction accelerating in the region's three largest economies.
RBC Capital downgrades Persimmon, Vistry
RBC Capital Markets upgraded Barratt Redrow and Crest Nicholson on Monday but downgraded Persimmon and Vistry as it took a look at UK housebuilders.
Pulsar Group sells most of its Trailight stake
Pulsar Group announced the sale of most of its 21% stake in TrackRecord Holdings, the parent company of compliance management firm Trailight, for £1. 4m in cash on Monday.