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Market Pulse
13 May
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FRP Advisory acquires Hilton-Baird in £7m deal

FRP Advisory Group announced on Monday that it has finalised the acquisition of Hilton-Baird Group, a commercial finance and risk management specialist, for £7m.

13 May
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Jaywing makes board changes amid mixed trading

Jaywing announced a number of changes to its board on Monday, with chief executive officer Andrew Fryatt having resigned, effective immediately.

13 May
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Mediazest delivers 'positive' H1 performance

Audio-visual solutions provider Mediazest said on Monday that it had delivered a "positive" first-half performance, with strong momentum also continuing into H2 with further contract wins.

13 May
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Bezant Resources starts geophysical surveying at Kanye

Bezant Resources announced the start of geophysical surveying at the Kanye battery manganese project in Botswana on Monday, following positive outcomes from phase two metallurgical test work.

13 May
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Acuity RM wins three-year contract with UK government

Software group Acuity RM has won a three-year contract worth more than £500,000, all of which will be payable in the current financial year.

13 May
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Heathrow passenger numbers grow in April

Britain's busiest airport Heathrow saw a 4. 8% year-on-year increase in passenger traffic during April, with 6. 7m travellers passing through its gates.

13 May
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Anglesey Mining receives last Parys Mountain infill assay results

Anglesey Mining announced the receipt of assay results for drill hole NCZ003 on Monday, marking the completion of the third hole in the infill drilling programme at the Parys Mountain copper-zinc-lead-silver-gold VMS project on the Isle of Anglesey in North West Wales.

13 May
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Raspberry Pi preparing for £500m float - reports

British technology firm Raspberry Pi is preparing for a £500m initial public offering (IPO) this month, it was reported on Sunday.

13 May
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Harbour Energy notes 'significant' gas discovery in Indonesia

Harbour Energy noted on Monday that operator Mubadala Energy has made a "significant" discovery at the Tangkulo-1 exploration well on the South Andaman licence in Indonesia, in which it has a 20% interest.

13 May
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Asia report: Markets mostly fall as prices rise in China

Asia-Pacific markets finished with a mixed but mostly weaker performance on Monday, with investors closely analysing China’s April inflation figures.

13 May
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Cerillion H1 profits grow, customer pipeline hits fresh record

Telecommunications company Cerillion said on Monday that both profit and revenue had grown in the six months ended 31 March, again setting new records for its key performance indicators.

13 May
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Unite Group sells six properties

Unite Group announced the sale of six properties to PGIM Real Estate on Monday, for £184m, with its share amounting to £76m.

13 May
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Gulf Keystone launches $10m share buyback amid strong operations

Kurdistan-focussed energy company Gulf Keystone updated the market on its operations on Monday, initiating a $10m share buyback programme aimed at enhancing shareholder value.

13 May
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Mission Group rejects 29p a share takeover offer from Brave Bison

Digital marketing agency Mission Group said on Monday that it had rejected a takeover proposal from rival Brave Bison which valued the group at around 29p a share.

13 May
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London pre-open: Stocks to dip after recent highs

London stocks were set to edge down at the open on Monday as investors pause for breath after recent record highs.

13 May
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Monday newspaper round-up: BT, ultra-long mortgages, Fever-Tree

BT has said it is increasingly using artificial intelligence to help it detect and neutralise threats from hackers targeting business customers amid repeated attacks on companies. The £10. 5bn group is aiming to build up its business protecting customers from online criminals and has patented technology that uses AI to analyse attack data to allow companies to protect their tech infrastructure. British businesses are routinely facing hacking attempts, and some recent high-profile victims have included including the outsourcer Capita, Royal Mail and British Airways.