News And Announcements
Henry Boot subsidiary sells roughly 600 plots in the Midlands
Property developer Henry Boot's Hallam Land subsidiary has unconditionally exchanged contracts for the sale of roughly 600 plots in the Midlands, taking the firm's ungeared internal rate of return of 28% per annum.
UK consumer confidence ticks higher - GfK
UK consumer confidence nudged modestly higher in December, a long-running survey showed on Friday.
Tullow Oil in preliminary talks over potential takeover by Kosmos
Tullow Oil confirmed on Thursday that it is in preliminary talks with Kosmos Energy about a possible all-share offer for the oil and gas exploration company.
UK energy firms must offer 'zero' standing charge tariffs - Ofgem
UK energy suppliers have been ordered to offer customers a zero standing charge tariff by next winter after intense criticism of the controversial fees.
Helix confirms helium discovery at Rudyard Project
Helix Exploration confirmed a commercial helium discovery at its Darwin #1 well, part of the Rudyard Project within the Montana Helium Fairway, on Thursday.
Orcadian strikes farm-out deal for Earlham and Orwell
Orcadian Energy announced a farm-out agreement for a 50% stake in its Earlham and Orwell gas projects to the Marine Low Carbon Power Company (MLCP) on Thursday.
Make UK appoints Lord Harrington as new chair
Make UK said on Thursday that it has appointed Lord Richard Harrington as its new chair, succeeding Lord Hutton, who has chaired the manufacturers’ organisation since 2022.
Rio Tinto to invest $2.5bn to expand Argentina’s Rincon project
Rio Tinto said on Thursday that it will invest $2. 5bn to expand the Rincon project in Argentina, its first commercial scale lithium operation.
Firering commissions first of eight kilns at Limeco project
Firering Strategic Minerals announced the successful commissioning of the first of eight kilns at its Limeco quicklime project in Zambia on Thursday.
TT Electronics shares drop as Volex abandons takeover pursuit
Shares in TT Electronics dropped on Thursday after Volex backed out of a takeover pursuit of the electronic components group, after a month of speculation that it may make an offer.
Hutchmed lung cancer therapy gets breakthrough designation in China
Hutchmed China announced on Thursday that the Center for Drug Evaluation of China’s National Medical Products Administration (NMPA) has granted breakthrough therapy designation (BTD) to the combination of ‘Orpathys’, or savolitinib, and ‘Tagrisso’, or osimertinib.
RWS Holdings returns to growth in second half
Technology-enabled language, content, and intellectual property service provider RWS Holdings said in its final results on Thursday that it returned to growth in the second half, driven by strong performance in AI-led solutions and ongoing strategic investments.
Boohoo boardroom saga continues as second proxy adviser rebukes Frasers' plans
Independent proxy voting adviser Glass Lewis has recommended Boohoo shareholders vote against Frasers Group's proposals to strong-arm Mike Ashley on to the board of the fast-fashion retailer.
SigmaRoc to promote deputy to CFO role on 1 January
European lime and minerals group SigmaRoc confirmed the appointment of Jan van Beek as its new chief financial officer on Thursday, effective from 1 January.
Pan African Resources upbeat as it finalises TCMG acquisition
Pan African Resources announced on Thursday that it has finalised the acquisition of Tennant Consolidated Mining Group (TCMG), integrating the operation as a wholly-owned subsidiary.
Amaroq Minerals discovers high-grade gold at Eagle's Nest
Greenland-focussed mining developer Amaroq Minerals announced the discovery of high-grade gold at its Eagle's Nest exploration project on Thursday.
Expanded NewRiver reports stable half-year performance
NewRiver REIT reported a solid financial position and stable operational performance for the six months ended 30 September on Thursday, following the recent acquisitions of Capital & Regional and Ellandi.
Carr's Group confident after year of transition
Carr's Group reported a 2. 7% improvement in like-for-like revenue in its full-year results on Thursday, to £148m, driven by an 18. 8% rise in the engineering division offset by a 6% decline in the agriculture division.
De La Rue H1 operating profit falls
Banknote printer De La Rue reported a decline in first-half operating profit on Thursday as revenue fell, with revenue from the currency segment down as a number of deliveries moved into the second half of the year.
Drax strikes multi-year supply deal with Pathway Energy
Power firm Drax has struck a multi-year deal with Pathway Energy for the supply of biomass pellets to the latter's proposed sustainable aviation fuel project in the US.