News And Announcements
SSP Group FY profits to jump despite weak Europe trade
SSP Group said it expected to deliver a jump in full-year profits, despite weaker earnings in Continental Europe, especially in France where demand during the Olympics was lower than anticipated.
Molten Ventures acquires majority secondary position in Connect Ventures first fund
Venture capital firm Molten Ventures said on Thursday that it has acquired a majority secondary position in the first fund of Connect Ventures, a 2012 Vintage Fund containing a portfolio of eight minority positions in businesses across Europe.
British Land raises £301m in placing for retail parks acquisition
British Land said on Thursday that it had raised £301m in an equity placing to help fund the acquisition of a portfolio of seven "high quality" retail parks.
National Grid expects additional £70m from ESO
National Grid said it performed in line with expectations in its first half, though it registered an unexpected additional £70m contribution from the Electricity System Operator (ESO).
Tesco ups profit targets after strong first half
Tesco has lifted its annual profit guidance despite a slight underlying slowdown in the second quarter, as growth remained resilient across its main retail operations.