Headline News
Housing secretary approves rebuild plans for M&S Oxford Street
Marks and Spencer received approval from the Secretary of State for Housing, Communities, and Local Government to redevelop its Marble Arch store on Oxford Street, it announced on Thursday.
Frasers shares dive as FY profit outlook cut on Budget, weak trade
Shares in Frasers Group nosedived as the UK sportswear and fashion retailer lowered full-year profit forecasts, citing weaker consumer confidence leading up to and after the government's recent Budget and a tougher trading environment.
Bitcoin breaches $100,000 for first time
Bitcoin topped $100,000 for the first time on Thursday, after Donald Trump nominated cryptocurrency advocate Paul Atkins to run the Securities and Exchange Commission.
New orders slide in Eurozone construction sector - PMI
The Eurozone’s construction sector slowed in November, a closely-watched survey showed on Thursday, heaping more pressure on the bloc’s faltering economy.
Balfour Beatty flags robust full-year performance
Infrastructure specialist Balfour Beatty reported a robust performance in a trading update on Thursday, with earnings growth expected and plans for further share buybacks in 2025.
Card Factory enters US market with $25m acquisition of Garven
Greeting card and gift retailer Card Factory said on Thursday that it had entered the US market after acquiring Garven for $25m (£19. 6m).
First-half revenue, earnings rise for Baltic Classifieds Group
Baltic Classifieds Group reported a 17% improvement in first-half revenue on Thursday, to €41. 8m, with core B2C and C2C classifieds streams, which account for 90% of revenue, also growing 17%.
Watches of Switzerland H1 revenues jump on US demand, profit falls
Watches of Switzerland reported a jump in first-half revenue on Thursday amid solid US demand, but a drop in profit.
AstraZeneca cancer drug secures US approval
AstraZeneca drug Imfinzi has been approved for use in the US for patients with limited stage small cell lung cancer, the biopharmaceutical specialist confirmed on Thursday.
Vistry Group strikes deal to build 950 homes in east London
Vistry Group has agreed to build nearly 950 new homes near London’s Olympic Park, the blue chip announced on Thursday.
Shell, Equinor to form UK oil & gas joint venture
Energy giants Equinor and Shell on Thursday said they were combining their British offshore oil and gas assets to create what they said would be the UK North Sea’s biggest independent oil and gas producer.
Tullow Oil CEO Rahul Dhir to step down in 2025
Tullow Oil said on Thursday that Rahul Dhir will step down as chief executive officer and resign from the board next year "to pursue other business, academic and family interests".
AJ Bell reports record set of full-year results
Investment platform AJ Bell reported record full-year financial results on Thursday, with revenue rising 23% year-on-year to £269. 4m, while profit before tax increased 29% to £113. 3m.
Wood Group secures three engineering, project delivery agreements with BP
Wood Group said on Thursday that it has secured three "major" agreements with BP to provide engineering and project delivery services for their capital projects worldwide.
Profits slide at DS Smith amid 'challenging' market conditions
DS Smith posted a slide in half-year earnings on Thursday, hit by "challenging" market conditions, including weaker prices and higher costs.