Headline News
UK consumer confidence pushes higher - GfK
UK consumer confidence strengthened in June, a long-running survey showed on Friday, as hopes for the economic recovery gained ground.
Ocado tanks as Canadian partner Sobeys pauses launch of Vancouver warehouse
Ocado tumbled on Thursday as it said the planned launch of North American partner Sobeys' customer fulfilment centre in Vancouver had been paused and that the two have agreed to end terms related to mutual exclusivity.
Bank of England leaves rates on hold
The Bank of England left interest rates on hold on Thursday, as widely expected, despite falling inflation.
Sirius Real Estate makes £31m worth of UK acquisitions
Germany and UK-focussed business and industrial park investor Sirius Real Estate announced £31m worth of completed acquisitions in the UK on Thursday.
GCP Infrastructure upbeat on first-half performance
GCP Infrastructure Investments reported a strong first-half performance on Thursday, with a total shareholder return of 12. 5%.
Sales of electric vehicles fall in Europe
Sales of battery-powered electric cars in the European Union fell sharply in May, industry data showed on Thursday, as demand in Germany softened notably.
Syncona adds two oncology investments to portfolio
Life science investor Syncona announced the addition of two new oncology companies to its portfolio on Thursday.
Cyber security revenues push higher at NCC
NCC Group said on Thursday that cyber security revenues had returned to growth, helping annual operating profits come in ahead of expectations.
Switzerland cuts interest rates again
The Swiss National Bank cut its key rate on Thursday to 1. 25% from 1. 5%.
Profits surge at CMC Markets, shares spark
CMC Markets posted a better-than-expected surge in annual profits on Thursday, boosted by a strong performance across both its retail and institutional divisions.
Urban Logistics posts stable results after second-half recovery
Urban Logistics REIT reported an 8. 4% improvement in net rental income in its full-year results on Thursday, to £57. 4m.
Phoenix Group completes first phase of deleveraging programme
Phoenix Group announced on Thursday that it has successfully completed the initial phase of its deleveraging programme, including a significant debt redemption and refinancing exercise.
Alpha FMC to be taken over by Bridgepoint in £626m deal
Alpha Financial Markets Consultancy said on Thursday that it has agreed to be bought by private equity firm Bridgepoint for 505p per share in cash.
DS Smith profits fall on weak demand, inflation
Paper and packaging company DS Smith reported a fall in annual profits driven by weak volumes and high inflation, but said it expected higher prices and demand would boost a recovery in the second half of the current year and into 2026.