News And Announcements
Budget: Planning probe spooks builders, mixed reaction for stamp duty cut
A range of new housing policies were proposed by Chancellor Philip Hammond in his Budget statement, including more funds for smaller housebuilder, a probe into potential holding of land by major housebuilders and a stamp duty cut for first-time buyers.
Budget: New tax breaks aim to revive North Sea oil and gas producers
Chancellor Philip Hammond has announced new tax breaks to encourage investment in North Sea oil and gas producers.
Treasury facing £300m phone bill after mobile network court challenge
The Treasury was facing the prospect of a rather expensive mobile phone bill on Wednesday, after a £300m appeal against a significant increase in annual license fees was upheld.
Gfinity losses widen as it invests in product
Esports entertainment business Gfinity saw revenue increase 64% to £2. 37m in the year to 30 June, it reported on Wednesday, with its loss before tax widening to £5. 3m from £3. 1m.
Rambler installs Scott Britton as manager at Ming Mine
Rambler Metals and Mining announced the appointment of Scott Britton as its new general manager at the Ming Copper-Gold Mine in Baie Verte, Newfoundland and Labrador, Canada on Wednesday.
Ferrum Crescent granted three-year extension at Toral
Europe-focussed lead-zinc explorer Ferrum Crescent announced on Wednesday that, following a formal application to the Director-General of Mines of the Province of Leόn, its exploration licence on the Toral lead-zinc project has been renewed for a further three-year term to November 2020.
Totally acquisition Vocare wins contract extension with NHS Vale of York
Out-of-hospital services provider Totally has been awarded a two year contract extension ‘in-principle’ to 31 March 2020 with NHS Vale of York Clinical Commissioning Group, it announced on Wednesday.
Immedia launches 'DreamStream X' content platform
Immedia announced its latest DreamStream X content platform on Wednesday, which it said offers brand-owned interactive entertainment channels to global fan bases via mobile and web.
Forterra trading strongly after Bison acquisition
Masonry products producer Forterra updated the market on its trading to 31 October on Wednesday, saying that it continued to be underpinned by “good activity levels” in the new build residential sector, resulting in double-digit growth of brick and aggregate block volumes for the 10 months to October compared with the same period last year.
MySQUAR reaches 20 million user milestone
Myanmar-language social media, entertainment and payments platform MySQUAR announced on Wednesday that as of 31 October, the total number of registered users across all apps and games exceeded 20 million.
DotDigital gobbles up Comapi in £11m deal
Digital marketing software-as-a-service and managed services provider dotDigital Group has completed the acquisition of the Comapi group of companies for a cash consideration of £11m, it announced on Wednesday.
Breedon revenues jump 56% in 10 months
AIM-listed Breedon said on Wednesday that it delivered "another solid performance" in the 10 months to the end of October, with both volumes and revenue ahead of the previous year.
NewRiver makes solid first-half progress as developments continue
Retail-focussed real estate investment trust NewRiver was upbeat on its first half results on Wednesday, reporting that its convenience-led strategy was delivering “growing and sustainable” cash returns to shareholders.
HICL Infrastructure reports solid first half cash flow generation
HICL Infrastructure Company posted its interim results for the six months to 30 September on Wednesday, reporting that its portfolio achieved “good cash flow generation” and an annualised total return ahead of expectations.
Eckoh on track after strong first half
Eckoh said it was on track to meet expectations for the second half after its US business drove strong performance in the first six months of the year.
Euromoney boasts strength in 'year of transition'
Business information and events group Euromoney Institutional Investor saw its revenue and profit rise comfortably in the 2017 financial year, it reported in its preliminary statement on Wednesday, with adjusted total revenue ahead 6% at £428. 4m.
Dealogic sale to boost Euromoney cash position
International business information and events group Euromoney Institutional Investor has reached a binding agreement to sell its minority equity stake in Dealogic, a provider of content and software solutions to financial firms, to Ion Investment Group for approximately $135m, it announced on Wednesday.
SSP full-year profit up, announces £100m special dividend
SSP reported a rise in full-year profit on Wednesday as it announced a special dividend of around £100m, but said that like-for-like revenue growth next year is expected to drop slightly.
Biffa swings to first-half profit, declares maiden dividend
Waste management company Biffa, which floated last year, reported a rise in interim revenue on Wednesday as it swung to a profit and reaffirmed its expectations for the full year.
Syncona returns rise on life science progress
Syncona generated shareholder returns of more than 16% in the first half as the value of its life science portfolio increased.