News And Announcements
Royal Mail wins court injunction to prevent strike
Royal Mail has won a High Court injunction to block a 48-hour strike planned by postal workers next week.
Ofgem energy price cap could last through 2023
Downing Street's plan to freeze the cost of power to almost two-thirds of British households could potentially see energy regulator Ofgem cap standard variable tariffs to around 18m accounts until 2023.
Digital Barriers disposal gets shareholder nod ahead of vote
Surveillance, security and safety technology provider Digital Barriers updated the market on the sale of its video division to Volpi for £27. 5m, as initially announced on 9 October.
Angle extends fundraising after investor suffers paperwork problem
Liquid biopsy company Angle announced on Thursday that it has conditionally raised £2. 8m through a subscription for 7,481. 570 new ordinary shares, at a price of 37. 5p each.
Lloyds Bank to buy Zurich's UK workplace pensions and savings business
Lloyds Banking Group has agreed to buy Zurich Insurance's UK workplace pensions and savings business, which has assets under administration of £19bn, for an undisclosed sum.
Minds + Machines gets four domains approved in China
Internet top-level domain operator Minds + Machines Group announced on Thursday that, following on from the success of launching . vip in China, an initial batch of four of its top-level domains have been granted approval by the Chinese regulator, MIIT, for use in the country.
Carillion confirms 'more than one' approach for UK healthcare business
Carillion said it has received bids from "more than one credible counterparty" for a possible acquisition of its UK healthcare business.
Trudeau warns Trump over potential fallout from Bombardier spat
Canadian Prime Minister Justin Trudeau told Donald Trump on Wednesday that he would stop his nation's military from purchasing any further aircraft from Chicago based aerospace giant Boeing if the White House insisted on moving forward with its plans to enforce a 300% import tariff on Bombardier aeroplanes into the US.
Ironveld still confident Middelburg acquisition will proceed
Ironveld, the owner of a high purity iron, vanadium and titanium project located on the Northern Limb of the Bushveld Complex in Limpopo Province, South Africa, updated the market on the acquisition of a smelting business on Thursday.
Flowtech Fluidpower acquires Gloucester-based Group HES
Specialist technical fluid power products supplier Flowtech Fluidpower announced the acquisition of Group HES on Thursday, in a bid to further strengthen its Power Motion Control (PMC) division.
WH Smith FY profit rises as travel business overtakes high street
WH Smith reported a rise in full-year profit and revenue on Thursday as a solid performance from its travel business helped to offset weakness in high street stores.
Just Eat gets CMA green light to gobble up Hungryhouse
Just Eat has been given provisional approval by UK competition authorities to complete its acquisition of rival online food ordering website Hungryhouse, deciding that its initial concerns were unfounded.
HSBC appoints John Flint as new CEO
HSBC Holdings said on Thursday that John Flint, the current head of the retail banking and wealth management division, will succeed Stuart Gulliver as chief executive with effect from 21 February 2018.
Renold issues profit warning amid breakdowns and cost increases
Industrial chain and power transmission supplier Renold issued a period-end trading update on Thursday, covering the six months to 30 September ahead of announcing its interim results on 14 November.
New builds boost Norcros in first half
Branded shower, tap, bathroom accessory, tile and adhesive supplier Norcros updated the market on its trading on Thursday, ahead of the announcement of its interim results for the half year to 30 September, which the board said would occur on 16 November.
Goals Soccer Centres CEO Mark Jones to resign
Goals Soccer Centres announced on Thursday that Mark Jones plans to resign from his role as chief executive to take another job in the private sector.
GVC reports good third quarter thanks to 'quick wins'
Sports betting and gaming group GVC Holdings updated the market on its third quarter performance on Thursday, reporting a 10% improvement in group daily net gaming revenue to €2. 65m, or 13% in constant currencies.
Booker interim profit up 9%, dividend lifted
FTSE 250 wholesaler Booker, which is currently in the process of being taken over by Tesco, reported a 9% rise in interim pre-tax profit on Thursday as total sales rose but tobacco sales declined.
N Brown unveils partnership with Amazon as online transformation grows
N Brown, the specialist clothing retailer, grew underlying first-half profits well ahead of analyst forecasts as its shift to online sales continues to gains traction, although at the statutory level slipped to a £27. 6m loss.
Ultra Electronics joint venture awarded $220m US Navy option
Ultra Electronics announced on Thursday that ERAPSCO - its 50/50 joint venture with the ECP division of Sparton Corporation - has been awarded a modification to exercise options under an indefinite delivery / indefinite quantity (IDIQ) contract for US Navy sonobuoys.