Latest News
BATM receives $2.4m Edgility order
Technology firm BATM Advanced Communications has received an order from an unnamed Tier 1 communications service provider for its Edgility platform.
Mothercare reports first-half loss as revenues drop
Early-years brand Mothercare swung into the red in the first half after a sharp decline in revenues, but hopes that its new £30m joint venture in South Asia and recent refinancing will support growth going forward.
Europe open: Auto sector hit after Stellantis CEO quits
European stocks were lower at the open, with Stellantis shares down sharply after the shock resignation of the car maker’s chief executive over the weekend.
London open: Stocks steady as investors mull UK house prices, French politics
London stocks were flat in early trade on Monday as investors mulled a jump in UK house prices, encouraging Chinese manufacturing data and political instability in France.
Citi reiterates 'buy' rating on BAE Systems
Citi reiterated its ‘buy’ recommendation on BAE Systems on Monday after the shares slumped on Friday on the back of a downgrade by Bank of America Merrill Lynch.
International Public Partnerships performs steadily, reaffirms dividend target
Infrastructure investor International Public Partnerships (INPP) reaffirmed its 2024 dividend target of 8. 37p per share in a portfolio update on Monday, making for a 3% increase from 2023 and maintaining its record of annual dividend growth since its 2006 initial public offering.
Begbies Traynor buys Brighton insolvency specialist
Begbies Traynor, the financial advisory, property services and corporate restructuring specialist, has announced the bolt-on acquisition of White Maund Insolvency Practitioners.
UK Nov house prices rise at fastest rate in 2 years - Nationwide
UK house prices rose in November at their fastest rate in two years, despite affordability pressures on buyers, according to data published by mortgage lender Nationwide on Monday.
Chinese manufacturing grows more than expected, but downside risks remain
China’s manufacturing sector grew at its fastest rate in five months in November, according to data from Caixin and S&P Global.
London pre-open: Stocks seen flat as investors mull Nationwide data, China PMI
London stocks were set to kick off the final month of the year steady, as investors mulled a jump in UK house prices and encouraging Chinese manufacturing data.
International Public Partnerships reports steady performance, Wall Street hits new record highs
London open The FTSE 100 is expected to open one point higher on Monday, having closed up 0. 07% on Friday at 8,287. 30.
Monday newspaper round-up: Zuber Issa, Thames Water, BAE Systems
There is “no route to net zero” that ignores the real concerns of businesses, a cabinet minister has warned, as the government prepares to reduce financial penalties handed to carmakers not selling enough electric cars. Ministers are also looking at how cheaper loans could be introduced to help people buy an electric vehicle (EV), after a wave of job losses and closures in which carmakers blamed the onerous fines they were facing. – Guardian.
High street sales plunge in "disastrous" November, BDO says
High street sales plunged in November, falling at their steepest levels in nearly four years, with retailers bracing for a tough Christmas selling period amid an atmosphere of “economic anxiety”.
UK private sector braced for tough start to 2025 - CBI
UK companies expect 2025 to get off to a poor start, an industry survey showed on Monday, weighed down by rising labour costs and weak sentiment.