Company News
Tuesday preview: Global services PMIs, BP in the spotlight
The financial market spotlight on Tuesday would be on the latest survey readings and data out of the US.
Octopus Renewables Infrastructure Trust to develop PV and battery storage assets in UK
Octopus Renewables Infrastructure Trust announced the creation of a new business to help build new ground-mounted solar photovoltaic and battery storage assets in the UK.
Harbour Energy gets Track 2 status for Acorn, Viking projects
Harbour Energy said on Monday that the Humber-based Viking CO2 transportation and storage network and Acorn CCS projects have been awarded Track 2 status as part of the government’s CCS cluster sequencing process.
Senior doubles interim dividend
Senior posted a big jump in sales and profits for the first half of the year and announced that it would double its interim dividend.
Sparta Capital builds stake in Dr Martens
Activist investor Sparta Capital has built up a stake in Dr Martens.
Capita CEO Jon Lewis to retire
Outsourcer Capita said on Monday that chief executive Jon Lewis is planning to retire.
Frasers Group lifts stake in Boohoo
Mike Ashley’s Frasers Group has upped its stake in fast-fashion retailer Boohoo.
Marshalls warns on profits, to cut 250 jobs
Building products manufacturer Marshalls warned on profits on Monday and said it will cut around 250 jobs, as it announced the closure of one of its factories, pointing to high inflation, rising interest rates and weaker consumer confidence.
Pearson 1H operating profits jump, confident on meeting full-year expectations
Pearson posted stronger first half sales for a big jump in operating profits, together with an improved cash flow performance.
Vanquis buys fintech firm Snoop
Vanquis Banking Group said on Monday that it has bought money-saving fintech Snoop for an undisclosed sum.
BT Group appoints Allison Kirkby as CEO
BT Group said on Monday that it has appointed Allison Kirkby as chief executive, succeeding Philip Jansen around the end of January 2024 at the latest.
Spectris posts record operating profits, raises guidance
Spectris posted a big jump in first half sales for record profits, leading management to raise its full-year guidance.