Company News
Billington confident on outlook
One of the UK's leading structural steel and construction safety solutions company, Billington Holdings, reported a strong set of interim results marking a further improvement on the 2016 outcome.
Could Ryanair be facing a pilot shortage?
Is budget airline Ryanair facing a shortage of pilots? The answer is no according to Michael O'Leary, the company's boss who blamed the airline's flight cancellations over the next few weeks on a "mess up" with holiday rotas, alongside bad weather, air traffic control delays and strikes.
KPMG cleared of misconduct in HBOS audit
The UK's independent regulator has announced the closure of its investigation into KPMG's audit of collapsed banking and insurance company HBOS, after finding that the group could not have anticipated the extreme market conditions that led to the bank’s problems.
Swallowfield boosts operating profit 180%, appoints new finance director
UK-based personal care and beauty products group Swallowfield announced on Tuesday that it had grown both full-year profits and revenue.
Inland Homes makes outline planning application on Wilton Park
Brownfield-focussed housebuilder Inland Homes announced on Tuesday that it has made an outline planning application on its 100-acre flagship development site ‘Wilton Park’ in Beaconsfield, Buckinghamshire.
ITM Power sells electrolyser to Dutch-owned EnergyStock
Energy storage and clean fuel company ITM Power announced on Tuesday that EnergyStock, a subsidiary of Dutch gas transmission network operator Gasunie, has purchased an ITM Power 1. 1MW rapid-response PEM electrolyser.
ProPhotonix develops rail wheel wear monitoring lasers
High-technology designer and manufacturer of LED and laser systems, ProPhotonix, announced a new application of its digital lasers on Tuesday, having delivered an initial set of eight prototype laser modules for use in a new wheel wear monitoring and control system.
First Derivatives to focus on machine learning
First Derivatives outlined a range of new initiatives on Tuesday, in a bid to put machine learning (ML) capabilities at the heart of future development for the group's Kx technology in direct response to what it said was increasing interest from current and potential customers.
Wednesday preview: Fed to announce policy tightening, UK retail sales due
Results from Kingfisher and Babcock, followed by official data on UK retail sales will for many traders prove only an hors d'œuvre for the US Federal Reserve's policy announcement late on Wednesday.
TomCo secures JR Technologies patent via subsidiary
AIM-listed oil investors TomCo announced on Tuesday that it had made further progress in its initial agreement with JR Technologies (JRT) and Venture Development Partners to assist the firm to develop and implement new oil shale processing technology.
Palace Capital eyes acquisition of RT Warren
Commercial property and investment firm Palace Capital announced on Tuesday it had conditionally agreed to acquire the entire issued share capital of RT Warren Investments for a cash consideration of £53. 3m.
Brady selected as cloud solution provider to Gaelectric
Trading, risk management and settlement solutions provider Brady announced on Tuesday that Gaelectric Trading and Market Services (GTAMS) - which it described as “one of Ireland's leading” energy trading and market services providers - had selected Brady's I-SEM Cloud solution.
WANdisco launches 'first' hybrid data lake architecture with AWS
‘Active data replication’ company WANdisco announced the launch of what it said is one of the first ‘hybrid data lake’ architectures on Tuesday, in collaboration with Amazon Web Services.
Big supermarkets' sales boosted by inflation but LADs still grabbing share
Tesco, Sainsbury's, Asda and Morrisons all continues to grow sales in recent weeks as the supermarket industry extended its run of success as grocery price inflation continues to surge.
French Connection reports further losses
UK based fashion retailer French Connection Group posted an improved performance from its wholesale wing, but was unable to fully right the ship and return to profit in the first half of its trading year.
Oncimmune signs three distribution deals covering Scandinavia
Early cancer detection technology company Oncimmune Holdings announced on Tuesday that it has signed three new exclusive distribution agreements for its EarlyCDT-Lung test with LabLab, Diuvita Diagnostics and XboXLab in Denmark, Norway and Sweden respectively.
Bango on target to complete turnaround
Mobile payments firm Bango announced on Tuesday that it had rapidly narrowed losses and was sufficiently funded to complete its turnaround to profitability.
Yu Group back in the black as sales soar
Corporate sector gas and electricity firm Yü Group announced that it had swung into profit in the first six months of the year after revenues soared.
Keywords Studios confirms trading remains on track for strong year
Keywords Studios said trading has continued to buzz along as expected as the computer games industry services provider confirmed the strong first-half numbers that it had largely released in advance.
Speedy Hire's upbeat update sparks new HSS merger talk
Speedy Hire reassured investors that its turnaround strategy was gaining traction and that full year profits will be ahead of target as services revenues rise, sparking renewed talk of a merger with embattled rival HSS.