Company News
Thursday preview: UK consumer credit, B&M European Value Retail in focus
Investors' focus on Thursday was expected to shift back towards the UK.
Director dealings: Lombard Odier invests in Seeing Machines, Safestore director buys shares
Driver monitoring technology company Seeing Machines made two disclosures on Wednesday, after an entity linked to a non-executive director made a number of purchases.
UK govt 'draws up plans' for Thames Water amid fears over £14bn debt pile
The UK government has reportedly started drawing up plans to temporarily take beleaguered utility Thames Water back into public ownership amid fears it cannot service its £14bn debt pile a day after its chief executive quit.
Boots plans 300 UK store closures
UK pharmacy chain boots Boots is closing 300 of its stores across the country over the next year, the company said on Wednesday.
UK Oil & Gas announces £3m committed funding facility
UK Oil & Gas announced a £3m committed funding facility through a loan agreement with RiverFort Global Opportunities PCC and YA II PN on Wednesday.
Lok'nStore reports positive trading as site count expands
Self-storage operator Lok'nStore Group announced a number of significant developments in an update on Wednesday, including the opening of a new landmark freehold store in Peterborough, positive planning permission news for two landmark freehold pipeline sites, and continued strong trading in the second half.
Selva field nearing production, says Prospex Energy
Gas and power investor Prospex Energy has successfully completed the final safety checks on the gas facility at the Selva field in the Po Valley region of northern Italy, it announced on Wednesday.
Boohoo slams 'self-serving' Revolution Beauty board
Boohoo Group, which owns a significant stake in the ailing Revolution Beauty Group, raised more concerns on Wednesday about the conduct of Revolution’s board during and after its recent annual general meeting.
Vertu Motors optimistic after positive recent trading
Automotive retailer Vertu Motors reported positive trading in the three months through May on Wednesday.
Atalaya Mining upbeat after 2022 challenges
Atalaya Mining reported a solid operational performance in an update on Wednesday, despite a number of macroeconomic and political challenges.
Aferian trading in line with expectations
Video streaming technology and solutions specialist Aferian said in an update on Wednesday that its trading performance was in line with the expectations and outlook it announced on 31 May.
Ironveld achieves first sales from Rustenburg smelter
South Africa-focussed miner and speciality metals company Ironveld announced on Thursday that it achieved first sales of metal products from its Rustenburg smelter in June, as planned.
Atrato inks power purchase deal for Priject Skeeby
Atrato Onsite Energy - an investment company dedicated to clean energy generation - announced its entry into a power purchase agreement (PPA) for the electricity generated by Project Skeeby, a 50MW solar PV project located in Richmond, North Yorkshire on Wednesday.
Warpaint London reports 'robust' 1H sales and margins
Warpaint London said trading and margins continued to be 'robust' over the first half of 2023.
DX Group investing £3m in electric vans for IKEA contract
DX Group announced a significant investment of £3m in new electric vehicles exclusively for its delivery and logistics partnership with furniture retailing giant IKEA on Wednesday.
NewRver disposes of final Napier joint venture properties
NewRiver REIT has completed the sale of Kittybrewster Retail Park in Aberdeen and Glendoe and Telford Retail Parks in Inverness for a total consideration of £62. 6m, it announced on Wednesday.
Diversified Energy sells non-core US assets for $40m
Diversified Energy said it had sold some of its non-core, non-operated US assets for $40m.