Company News
Global IT systems crash after CrowdStrike update hits Microsoft
Thousands of businesses around the world were thrown into disarray on Friday after a software update from cybersecurity firm CrowdStrike led to Microsoft-run system crashes at airlines, banks, hospitals, media outlets and retailers.
Yellow Cake reports strong year as uranium prices rise
Yellow Cake reported a significant rise in its full-year financial performance on Friday, driven by a substantial increase in uranium prices.
FRP Advisory acquires Lexington Corporate Finance for £3m
Business advisory firm FRP Advisory Group announced the acquisition of Lexington Corporate Finance on Friday, for total consideration of £3m, plus an additional amount for net assets acquired of about £0. 5m.
Bridgepoint upgrades full-year expectations after solid first half
Bridgepoint Group upgraded its full-year expectations on Friday, after reporting a stronger-than-expected financial performance for the first half, driven by successful fundraising and robust capital deployment.
Praxis Group mulling offer for Capital & Regional
Praxis Group announced on Friday that it was in the preliminary stages of considering a potential cash offer for Capital & Regional.
Big Technologies non-executive chair steps down
People monitoring technology specialist Big Technologies announced the resignation of its independent non-executive chair Simon Collins on Friday.
GSK application for myeloma treatment accepted by EMA
GSK announced on Friday that the European Medicines Agency (EMA) has accepted its marketing authorisation application for ‘Blenrep’, or belantamab mafodotin, in combination with bortezomib plus dexamethasone - ‘BorDex’, or pomalidomide plus dexamethasone - PomDex, for treating relapsed or refractory multiple myeloma.
United Utilities affirms financial guidance in trading update
United Utilities Group reported sustained strong operational performance in an update on Friday, affirming its financial guidance for the 2024-2025 period remained unchanged.
Harworth makes £8.5m land sale to Taylor Wimpey
Harworth Group announced the completion of an £8. 5m sale on Friday, of 15. 6 acres of serviced residential land at its Stopes Road development near Little Lever in Bolton, to Taylor Wimpey UK.
CMA approves Nationwide's acquisition of Virgin Money UK
Virgin Money UK announced on Friday that its has received unconditional approval from the Competition and Markets Authority (CMA) for its acquisition by Nationwide Building Society.
Taylor Maritime subsidiary gets approval to take full ownership of Grindrod
Taylor Maritime Investments (TMI) announced on Friday that its subsidiary, Grindrod Shipping Holdings, has received approval from Singapore’s High Court for its selective capital reduction.
Ofcom halts inflation-linked mid-contract price rises
Telecoms providers are to be banned from putting up prices linked to inflation mid-contract, the regulator confirmed on Friday.
Hargreaves Lansdown extends £5.4bn takeover deadline
The deadline for a potential £5. 4bn takeover of Hargreaves Lansdown has been pushed back, the fund supermarket confirmed on Friday.
Segro Europe JV sells Italian warehouses for €327m
A joint venture half-owned by SEGRO has sold a portfolio of logistics warehouses in Italy for €327m (£275m), the company said on Friday.