News And Announcements
Thames Water secures backing for £3bn lifeline
Thames Water has received backing to take out a £3bn emergency loan, it confirmed on Wednesday, as the vastly-indebted utility tries to stave off a cash crunch.
Intermediate Capital reports half-year of growth
Intermediate Capital Group total assets under management rose to $106bn at the end of its first half, it reported on Wednesday, as fee-earning assets under management were up 4% from 31 March to $73bn.
Dowlais shares surge following trading update
Specialist engineering group Dowlais said on Wednesday that year-to-date trading was in line with expectations and that its full-year outlook remained unchanged.
Flutter Entertainment lifts full-year guidance
Shares in Flutter Entertainment jumped on Wednesday as the Betfair owner lifted its full-year revenue and EBITDA guidance and posted a narrowing of its net losses.
GlobalData snaps up labour market specialist LinkUp
AIM-listed analytics specialist GlobalData said trading remained on track on Wednesday, as it detailed its latest acquisition.
Experian posts steady first-half growth
Experian reported steady first-half growth on Wednesday, driven by a strong performance across its regional markets and business segments.
CLS reports Q3 growth but warns of slower letting activity
Commercial property investment company CLS Holdings said that leasing levels over the third quarter was well ahead of last year, though the macro environment was slowing letting activity more than expected.
UK's FCA proposes extension for motor finance complaints
Britain’s financial regulator in consulting on an extension for motor finance companies to respond to consumer complaints about commission on car loans after a court ruling last month that could see billions paid out in compensation.
Profits fire up at SSE, chief executive to step down
SSE’s long-standing chief executive is to stand down, the blue chip confirmed on Wednesday, as it posted a jump in half-year earnings.
Just Eat to sell Grubhub to Wonder Group for $650m
Just Eat Takeaway said on Wednesday that it has agreed to sell US business Grubhub to Wonder Group for $650m.
Smiths Group raises outlook after strong Q1 growth
Smiths Group has raised its growth and margin guidance and beefed up its share buyback programme after an "outstanding" first quarter.