Company News
Henry Boot sells industrial development site at Pickford Gate
Property developer Henry Boot has completed the sale of an industrial and logistics development site in Coventry to Royal London Asset Management Property for an undisclosed sum.
The Range nearing deal to snap up chunk of Homebase - report
The Range is reportedly closing in on a deal to snap up a large chunk of Homebase which will save close to 1,500 jobs but raise doubts about at least 1,700 more.
UK grocery sales growth eases with shoppers cautious ahead of Christmas
Grocery sales growth slowed slightly over the month of October as shoppers held back spend ahead of Black Friday and Christmas, according to data from consumer intelligence firm NIQ on Wednesday.
Thames Water secures backing for £3bn lifeline
Thames Water has received backing to take out a £3bn emergency loan, it confirmed on Wednesday, as the vastly-indebted utility tries to stave off a cash crunch.
Intermediate Capital reports half-year of growth
Intermediate Capital Group total assets under management rose to $106bn at the end of its first half, it reported on Wednesday, as fee-earning assets under management were up 4% from 31 March to $73bn.
Dowlais shares surge following trading update
Specialist engineering group Dowlais said on Wednesday that year-to-date trading was in line with expectations and that its full-year outlook remained unchanged.
Flutter Entertainment lifts full-year guidance
Shares in Flutter Entertainment jumped on Wednesday as the Betfair owner lifted its full-year revenue and EBITDA guidance and posted a narrowing of its net losses.
GlobalData snaps up labour market specialist LinkUp
AIM-listed analytics specialist GlobalData said trading remained on track on Wednesday, as it detailed its latest acquisition.
Experian posts steady first-half growth
Experian reported steady first-half growth on Wednesday, driven by a strong performance across its regional markets and business segments.
CLS reports Q3 growth but warns of slower letting activity
Commercial property investment company CLS Holdings said that leasing levels over the third quarter was well ahead of last year, though the macro environment was slowing letting activity more than expected.
UK's FCA proposes extension for motor finance complaints
Britain’s financial regulator in consulting on an extension for motor finance companies to respond to consumer complaints about commission on car loans after a court ruling last month that could see billions paid out in compensation.
Profits fire up at SSE, chief executive to step down
SSE’s long-standing chief executive is to stand down, the blue chip confirmed on Wednesday, as it posted a jump in half-year earnings.
Just Eat to sell Grubhub to Wonder Group for $650m
Just Eat Takeaway said on Wednesday that it has agreed to sell US business Grubhub to Wonder Group for $650m.
Smiths Group raises outlook after strong Q1 growth
Smiths Group has raised its growth and margin guidance and beefed up its share buyback programme after an "outstanding" first quarter.