Headline News
UK house prices shift into positive territory for first time since 2022 - RICS
House prices sparked for the first time in nearly two years in August, industry research showed on Thursday, boosted by declining mortgage rates and improving confidence in the market.
Manchester United full-year losses widen
Manchester United reported a net loss of £113. 2m for the year ended 30 June on Wednesday, although the football club maintained that it was in compliance with both the Premier League's Profitability and Sustainability Rules (PSR) and UEFA’s Financial Fair Play regulations.
US inflation undershoots forecasts in August, core CPI picks up
The rate of increase in the cost of living in the US slowed sharply last month, as food inflation slowed and energy prices fell.
Tata Steel secures £500m for Port Talbot; 2,500 jobs lost
The government has agreed to pay Tata Steel £500m to help redevelop the Port Talbot steelworks, it was announced on Wednesday, securing the site’s future.
Inditex posts jump in sales, shares spark
Zara-owner Inditex posted a jump in autumn sales on Wednesday, as it flagged "very robust" trading during the first half.
Sweden’s EQT said to be in race for Grant Thornton UK
Swedish buyout firm EQT has reportedly joined a queue of buyout firms exploring the purchase of a big stake in the UK operations of accountancy firm Grant Thornton.
Costain slumps as ASGC dumps entire stake in placing
Costain slumped on Wednesday after Dubai-based Al Shafar General Contracting Company (ASGC) exited its investment in the construction company in a placing of just over 41. 6 million shares to institutional investors.
Energean reports record first half, narrows full-year outlook
Energean announced record first-half financial and operational results on Wednesday, driven by the start-up of the Karish North field and the completion of the second gas export riser in Israel.
Boohoo to shut US distribution centre
Boohoo Group is to cease using its US distribution centre, the fast fashion retailer confirmed on Wednesday, just a year after it first opened.
AB Foods extends share buyback by £100m
Primark owner Associated British Foods announced an extension of its share repurchase programme on Wednesday, with an additional £100m allocated for the buyback.
Commerzbank surges as UniCredit takes 9% stake
Commerzbank surged on Wednesday after Italy’s UniCredit built a 9% stake in the German lender.
Asos slashes debt following Topshop sale
Asos has nearly halved its debt, the fast-fashion retailer confirmed on Wednesday, following the sale of its majority stake in Topshop and Topman.
Strong fourth quarter boosts WH Smith
WH Smith reiterated its full-year outlook and unveiled a £50m share buyback on Wednesday, sending shares soaring in early trading, after a buoyant fourth quarter.
Trustpilot beats first-half expectations, launches new share buyback
Trustpilot Group reported a strong first-half performance on Wednesday, surpassing market expectations in a number of areas.
Dunelm FY profit, sales rise despite 'softer' market
Homeware retailer Dunelm reported a rise in full-year profit and sales on Wednesday despite a "softer" market.
UK economy continues to flatline in July
The UK economy continued to stagnate in July, according to figures released on Wednesday by the Office for National Statistics.