Market Report
Redhall requests suspension of trading on AIM amid 'uncertain' outlook
Engineering business Redhall said on Friday that overall trading remained challenging and warned that its short-term cash flows were under pressure, in particular, with regard to certain tax liabilities.
Stagecoach and partners launch legal action over West Coast rail franchise
Stagecoach Group confirmed on Friday that, along with its partners SNCF and Virgin, it has formally launched legal action against the Department for Transport (DfT) in connection with the procurement of the West Coast Partnership franchise.
London open: Stocks recover as May expected to confirm departure date
London stocks rose in early trade on Friday following heavy losses in the previous session, amid reports that Prime Minister Theresa May will confirm her exit date later in the day.
Old Mutual suspends CEO Moyo due to 'breakdown in trust'
South Africa-based financial services company Old Mutual said on Friday that it has suspended chief executive officer Peter Moyo with immediate effect due to a "breakdown in trust".
London pre-open: Stocks seen up after heavy losses
London stocks were poised to rise at the open on Friday following heavy losses in the previous session, amid reports that Prime Minister Theresa May will confirm her exit date later in the day.
Sally Lake to replace Martin Bride as Beazley finance director.
FTSE 250 insurer Beazley said on Friday that Sally Lake will replace Martin Bride as the group finance director.
Bodycote maintains full-year guidance, Stagecoach launches court action against DfT
London open The FTSE 100 is expected to open 18 points higher on Friday, having closed down 1. 41% at 7,231. 04 on Thursday.
Friday newspaper round-up: Greybull Capital, Uber, Deliveroo, M&S
The wealthy investors who controlled British Steel when it collapsed into insolvency are to face a grilling from MPs, as government officials race to find a buyer for the stricken company. The government’s official receiver took control of British Steel on Wednesday and is funding its operations, including the company’s Scunthorpe steelworks, which is one of the last two blast-furnace operations left in the UK. – Guardian.