News And Announcements
Futura Medical reports progress with R&D pipeline
Futura Medical announced encouraging progress in its product development pipeline on Monday, with successful proof-of-concept results for two new treatments addressing sexual dysfunction.
IMI appoints Luke Grant as CFO
Birmingham-based engineer IMI said on Monday that it has appointed Luke Grant as chief financial officer and executive director with effect from 25 July 2025.
Thames Water creditors seek support for £1.5bn rescue fund
A coalition of Thames Water’s creditors was reported to be seeking additional investors to support a £1. 5bn rescue fund on Monday, aimed at stabilising the troubled water utility and sustaining its operations through to next October.
Zahawi reportedly helping Dovid Efune in £550m Telegraph bid
Former Conservative chancellor Nadhim Zahawi is actively engaged in efforts to support a £550m takeover of the Daily and Sunday Telegraph led by Dovid Efune, a New York-based media investor and current proprietor of the New York Sun, it was reported on Monday.
DSW Capital acquires DR Solicitors for £6.1m
DSW Capital announced the acquisition of DR Solicitors for £6. 1m on Monday, marking a transformative and earnings-enhancing move for the group.
Aura Energy appoints Mauritania country manager
Aura Energy announced the appointment of Mohamed El Moctar Mohamed El Hacene as its new country manager for Mauritania on Monday, overseeing its operations within the country, including the Tiris Uranium Project.
PRS REIT appoints financial adviser for strategic review
PRS REIT announced the appointment of Singer Capital Markets Advisory as its financial adviser for a strategic review and formal sale process on Monday, following its initial announcement on 23 October.
Zotefoams confident in meeting full-year expectations
Zotefoams reported a robust trading performance for the first nine months of the year on Monday, with year-to-date sales ahead 23% at £110. 7m, compared to the same period last year.
Sainsbury's expands Aldi Price Match to Local stores
Sainsbury's announced itself as the first major UK supermarket to match Aldi prices in its convenience stores on Monday, committing a £1bn price investment over the holiday season.
Ryanair cuts traffic forecast as H1 profits drop
Ryanair cut its full-year traffic forecast on Monday and reported a drop in first-half profits, as it took a hit from lower fares and Boeing delays.
AFC Energy ends year ahead of expectations
AFC Energy reported solid trading for the financial year just ended on Monday, underscoring growth in its hydrogen power solutions and expanding presence in the Middle East.
Tertiary Minerals announces start of drilling at Mukai
Tertiary Minerals announced on Monday that First Quantum Minerals had started drilling at the Mukai Copper Project in Zambia.
Croma Security Solutions reports solid final results
Croma Security Solutions Group reported solid financial results for the year ended 30 June on Monday, with group revenue rising 8. 9% to £8. 74m, after the first full year under its new strategic direction.
Moncler said to consider bid for Burberry, shares rally
Burberry shares shot higher on Monday after online fashion publication Miss Tweed suggested over the weekend that Italy’s Moncler could be considering a bid for the luxury fashion brand.
Conroy Gold appoints John Sherman as its new chairman
Conroy Gold and Natural Resources announced the appointment of John Sherman as its new chairman on Monday, following the recent passing of its founder and former chairman Richard Conroy.
Physiomics announces new modelling and data sciences manager
Physiomics announced the appointment of Mark Davies as its head of quantitative pharmacology and data science on Monday.
Chemring wins major contracts worth £278m
Chemring Group announced two major contract wins valued at a combined £278m on Monday, through its subsidiaries Chemring Nobel in Norway and Chemring Energetic Devices (CED) in the United States.
Wizz Air reports rise in October traffic, seat capacity
Wizz Air reported a 4. 1% jump in passenger numbers for October on Monday, and an uptick in the load factor.
Kosmos Energy's Q3 profits slump as prices drop
American upstream oil explorer Kosmos Energy has held on to its full-year production guidance after a solid third quarter, though revenues and profits for the period were significantly lower than last year as oil prices slumped.
Anglo sells off stake in Australian coal unit for £0.8bn
Anglo American has announced the A$1. 6bn (£0. 8bn) sale of a stake in the Jellinbah joint venture in Australia as part of its strategy to exit the steelmaking coal industry.