News And Announcements
Carillion contracts to be taken in-house or re-tendered, says government
Following the collapse of construction and outsourcing group Carillion, the government said it will take on some contracts and others will be re-tendered to other contractors.
Carillion put into liquidation after talks with government, lenders fail
Construction group Carillion will be put into liquidation after crisis talks with the government and creditors collapsed early on Monday.
Falanx wins new contract, appoints Ian Selby as CFO
Intelligence, security and cyber defence provider Falanx Group said on Monday that it has won a multi-year contract with a "premier" UK health sector organisation as it announced the appointment of a new chief financial officer.
Melrose begins shareholder meetings to discuss GKN proposal
Melrose Industries, whose £7bn offer for engineering group GKN was rejected last week, said on Monday that it is beginning a series of shareholder meetings to discuss the proposal.
Watkin Jones CEO to step down
AIM-listed Watkin Jones said on Monday that chief executive officer Mark Watkin Jones plans to step down from the role once a suitable successor has been appointed and following an orderly handover.
Shell gives green light for revival of Penguins field in North Sea
Royal Dutch Shell has given the go-ahead for its first new manned oil and gas rig in the northern North Sea in almost 30 years, as it redevelops the Penguins oil and gas field.
Randall & Quilter sells insurances services, captive management operations
Randall & Quilter has sold its insurance services and captive management operations to digital solutions provider Davis Group.
Acacia Mining gold production falls less than expected
Acacia Mining reported gold production slightly ahead of expectations but down 30% year on year.
Gem Diamonds rallies on 910 carat discovery at Letseng
Gem Diamonds said on Monday that it has recovered an “exceptional quality” 910 carat, D colour Type IIa diamond from the Letseng mine in Lesotho.
RDI takes 80% stake in London office portfolio
RDI, the FTSE 250 income focused real estate trust said it had taken an 80% interest in a portfolio of four offices in central London from Forum Partners, Kailong Group and Office Space in Town (OSIT) for £72. 5m.
Premier Foods plays down Batchelors sale report
Mr Kipling and Bisto owner Premier Foods noted press speculation over the weekend about a possible sale of its Batchelors' brand to Nissin, saying it has made no changes to its strategy since the preliminary results last May and talks with Nissin are still at a very early stage.
Bodycote expects one-off US tax benefit, FY operating profit seen at top end of views
FTSE 250 heat treatment supplier Bodycote said on Monday that it now expects full year 2017 headline operating profit to be towards the upper end of market expectations as it announced that US tax changes should have a positive one-off impact.
Hikma appoints Surendera Tyagi as chief scientific officer
Hikma Pharmaceuticals has appointed Surendera Tyagi as group chief scientific officer and global head of research and development.
Tritax Big Box signs contracts on new Howden distribution sites
Tritax Big Box said it had completed contracts to fund and develop two new distribution warehouses for builders merchant Howdens.
William Hill to review Australia operations as credit betting ban kicks in
William Hill said it expected full-year adjusted operating profit to be around 11% higher at £290m, as it announced a review of its Australian business ahead of the introduction of a credit betting ban next month.
Ferguson sees beneficial impact from US tax cuts
Plumbing and heating company Ferguson said recent US tax cuts would provide a beneficial impact on the group's after tax earnings.
Rolls-Royce confirms L'Orange arm could be up for sale
Rolls-Royce has confirmed that it is mulling a potential sale of its L'Orange fuel-injection business, after reports the engine maker was looking for around $700m (£510m).