Market Pulse
UK consumer confidence at seven-year low - GfK
UK consumers remained in wait-and-see mode in January amid continued uncertainty over Brexit, with consumer confidence at a seven-year low, according to the latest survey from GfK.
Britvic revenues rise 4.5% in first quarter
Britvic posted a rise in first-quarter revenues on Thursday as it said trading during the period was in line with the FTSE 250 soft drinks company's expectations.
SolGold to make offer to Cornerstone Capital shareholders
SolGold announced its intention to make an offer to acquire all outstanding common shares of Cornerstone Capital Resources on Thursday, saying the all-stock transaction offered Cornerstone shareholders continued exposure to the world-class Cascabel Project through a 100% consolidated vehicle.
Keywords Studios revenues soar in year of 'continued growth'
Computer games industry services provider Keywords Studios reported a pre-close update on a year of acquisitive and organic growth on Thursday.
ReNeuron upbeat on data around ease of exosome manufacture
Cell-based therapeutics developer ReNeuron Group announced on Thursday that new data relating to the manufacturing scale-up of its GMP produced, CTX-derived exosomes was being presented at a US forum on the manufacture of cell and gene therapies.
Scancell shares slip as losses widen in first half
Cancer immunotherapies developer Scancell Holdings issued its interim results for the six months ended 31 October on Thursday, reporting a loss of £3. 24m, widening from £2. 02m year-on-year.
Deinove hands rights to NBTI programme back to Redx Pharma
Drug discovery and development company Redx Pharma announced on Thursday that Deinove had decided not to exercise its option for Redx's ‘Novel Bacterial Topoisomerase Inhibitor’ (NBTI) programme.
Primary Health Properties confirms decent dividend after 'strong' year
Health facilities investor Primary Health Properties issued its audited annual results for the year ended 31 December on Thursday, reporting an 18. 7% improvement in EPRA earnings to £36. 8m.
Flowtech Fluidpower sales and spending grows in fourth quarter
AIM-listed outfit Flowtech Fluidpower saw revenues move ahead in the year ended 31 December as a result of solid sales in the fourth quarter.
Shell earnings jump on higher oil and gas prices
Royal Dutch Shell posted a jump in full-year earnings on Thursday as it benefited from higher realised oil, gas and liquefied natural gas prices and cost cutting.
Ofwat fast-tracks plans from United Utilities, Severn Trent, Pennon
United Utilities, Severn Trent and Pennon's South West Water have all been given fast-track status by the regulator for their 2020-25 business plans.
Workspace sells Bow office site for £11m
Workspace has exchanged contracts for the disposal of Bow Office Exchange in East London for £11m.
London open: Stocks rise as results from Diageo, Shell impress
London stocks rose at the open on Thursday, taking their cue from an upbeat session on Wall Street on the back of dovish comments from Federal Reserve chair Jerome Powell, with solid results from the likes of Shell and Diageo lending a hand.
Rank Group earnings slide after tough first half
The Rank Group issued its interim results for the six months ended 31 December on Thursday, reporting a 2. 4% fall in group like-for-like revenue to £366m.
National Grid switches on energy link to Belgium
National Grid began commercial operation of ‘NEMO Link’ the UK's first interconnector to Belgium - on Thursday morning.
BT on track to meet forecasts as revenues slip
BT Group updated the market on its trading for the third quarter on Thursday, reporting a 1% fall in revenue to £17. 56bn.
Thursday newspaper round-up: Brexit, cars, broadcasters, PatVal
Theresa May is preparing to entice Labour MPs to support her Brexit deal with a cash injection into deprived areas that supported Leave, including former mining communities. The prime minister’s allies believe that she needs the backing of about 20 Labour MPs for a modified agreement to offset the number of Tory rebels, even if she wins the support of the DUP. - The Times.
London pre-open: Stocks seen up after dovish Fed statement
London stocks looked set to edge up at the open on Thursday, taking their cue from an upbeat session on Wall Street on the back of dovish comments from Fed chair Jerome Powell.