Company News
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Thursday preview: ECB, US Q1 GDP in focus
All eyes on Thursday will be on the European Central Bank, as policymakers in Frankfurt meet to decide on interest rates.
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Director dealings: Currys director raises stake
Currys revealed on Wednesday that senior independent director Octavia Morley had acquired 35,000 ordinary shares in the FTSE 250-listed electrical retailer.
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Lloyds Bank to close 136 branches in further blow to high street
The slow death of high street banking continued on Wednesday as Lloyds Banking Group said it was closing another 136 branches across the UK.
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Dowlais shares surge after agreeing £1.16bn takeover by American Axle
Shares in specialist UK auto parts engineer Dowlais surged on Wednesday after it agreed terms on a £1. 16bn cash and share takeover by American Axle & Manufacturing.
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T-Mobile raises subscriber growth forecasts after bumper quarter
T-Mobile lifted its expectations for subscriber growth in 2025 on Wednesday, projecting between 5. 5 million and six million postpaid net additions, more than double Wall Street estimates, as it also beat expectations for fourth quarter revenue.
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Spirit rebuffs second approach from Frontier
Debt-laden Spirit Airlines has rebuffed a takeover approach from long-term suitor Frontier Airlines, the US carriers confirmed on Wednesday.
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Tesco to cut 400 jobs as it looks to simplify business
Tesco said on Wednesday that it plans to cut 400 jobs as it looks to simplify the business.
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Oriole secures two-year renewal for Wapouzé licence
Oriole Resources announced on Wednesday that it has secured a two-year renewal for its 85%-owned Wapouzé limestone licence in northern Cameroon.
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Litigation Capital Management shares slide after weaker first half
Litigation Capital Management reported realisations of AUD 52m (£26. 08m) for the first half of the 2025 financial year on Wednesday, achieving a multiple of invested capital of 3. 7x despite four case wins and three losses.
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NAHL Group ends year in line with expectations
NAHL Group said in an update on Wednesday that trading for the 2024 financial year was in line with expectations, with revenue expected to be about £38. 8m, down 8% from the prior year due to a planned reduction in personal injury-related revenue.
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Post Office said to be planning more job cuts
The Post Office has reportedly unveiled plans for scores more job cuts as part of a transformation plan aimed at boosting payouts for thousands of sub-postmasters.
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Chancellor backs third runway at Heathrow
The chancellor has backed a third runway at Heathrow, claiming on Wednesday that the controversial expansion will boost the economy and create 1000s of jobs.
Marechale Capital shares rocket ahead of Durham lithium planning decision
Marechale Capital's share price rocketed on Wednesday as speculation begins to build ahead of a planning meeting that could greenlight the largest lithium extraction facility in the UK.
Cykel AI shares surge on DeepSeek R1 integration
Shares in Cykel AI surged on Wednesday after the company wasted no time in integrating the hyped DeepSeek R1 open-source large language model across its digital worker platform, which it says will cut future AI infrastructure costs by up to 96%.
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Hvivo acquires two clinical research units, FY revenues up 11.9pc
Contract research organisation Hvivo said on Wednesday that it has acquired two clinical research units from German outfit CRS Clinical Research Services.
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Mosman Oil secures extension and suspension of Amadeus permit
Mosman Oil and Gas announced on Wednesday that it has secured a six-month suspension and extension of its EP-145 exploration permit in the Amadeus Basin, with approval granted by the Northern Territory Minister for Mining and Energy.
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General Atlantic-managed bid for Learning Technologies declared final
Learning Technologies Group (LTG) updated the market on the recommended 100p-per-share acquisition of the company by Leopard UK Bidco - a newly-formed entity owned by funds managed by General Atlantic - on Wednesday, with the offer declared final.
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ScotRail expanding use of Tracsis Tap&Pay smart ticketing app
Tracsis announced on Wednesday that ScotRail is expanding the availability of its Tap&Pay smart ticketing app following the successful completion of a six-month pilot.
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Hargreaves Services reports strong first half, appoints new COO
Hargreaves Services reported a strong set of interim results for the six months ended 30 November on Tuesday, with significant growth in revenue and EBITDA, alongside a return to profitability for its HRMS joint venture.
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LVMH numbers fail to impress, shares fall
Shares in LVMH came under pressure on Wednesday, after end-of-year results from the luxury goods bellwether failed to sparkle, despite beating expectations.