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Drax lifts biomass self-supply target as it reiterates FY guidance

Power generator Drax on Tuesday said it was targeting biomass self-supply capacity of 5m tonnes by 2027 as it reiterated full year trading guidance.

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Easyjet to offset emissions from all flights; FY profits slump 26%

Higher fuel costs and a weak consumer confidence saw budget airline Easyjet report a 26% fall in full year profit as it said it was planning to offset carbon emissions for all flights.

Meggitt wins $130m US defence contract

Defence contractor Meggitt said it had won a six year $130m requirements contract with the US Defense Logistics Agency to supply aircraft fuel bladders.

Hammerson sells Gloucester retail park for £54m

Hammerson said it had sold the St Oswald's Retail Park in Gloucester, to a local authority for £54m.

18 Nov
Johnson pledges to scrap corporation tax cut in u-turn

Prime Minister Boris Johnson on Monday said he would scrap a planned cut in corporation tax and spend the revenue on the National Health Service.

18 Nov
Short sellers target Hargreaves Lansdown, SJP over Woodford - FT

Short sellers have targeted financial service providers Hargreaves Lansdown and St James’s Place (SJP) as the duo are scrutinised for close links with scandal-hit fund manager Neil Woodford, the Financial Times reported.

18 Nov
Sage sells Sage Pay unit to US Bancorp for £232m

Technology group Sage said it had agreed to sell its Sage Pay business to US Bancorp's payments unit Elavon for £232m.

15 Nov
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TalkTalk 'delays' FibreNation sale after Labour broadband pledge

UK telecoms group TalkTalk said discussions on the sale of its FibreNation business were “ongoing” a day after the opposition Labour Party made a general election pledge to provide broadband services to all.

15 Nov
BT wins exclusive UEFA broadcasting rights to 2024

BT on Friday said it had won exclusive rights to broadcast all matches of the UEFA Champions League, Europa League and new Europa Conference League until 2024.

15 Nov
PPHE non-exec director to step down as deputy chairman sheds roles

PPHE Hotel Group on Friday said it was making some changes to its board after a shareholder revolt at May's annual meeting over deputy chairman Kevin McAuliffe and non-executive director Nigel Jones.

14 Nov
Fee income drives rise in TBC Bank Q3 earnings

Third quarter net profit at Georgia's TBC Bank rose to GEL 126. 8m (£33. 3m) from GEL 107. 4m a year earlier driven by an increase in net fee and commission income, which offset lower net interest earnings.

14 Nov
Qinetiq interims rise on 'strong' all-round performance

Defence technology company QinetiQ said interim underlying operating profit rose 16% to £59. 7m as it reported a “good performance” across the business.

14 Nov
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Premier Oil sees FY production at top end of guidance

Premier Oil said it expected full year production to be at the upper end of expectations as summer maintenance programmes were completed successfully and production returned to previous levels.

14 Nov
BHP appoints Mike Henry as new chief executive

BHP said it had appointed Mike Henry as its next chief executive, succeeding Andrew Mackenzie who is retiring at the end of the year.

13 Nov
Tullow Oil cuts production forecasts as Ghana problems persist

Shares in Tullow Oil slumped on Wednesday as the company cut its 2019 oil production and free cash flow estimates due to problems at its Ghana operations.

13 Nov
SSE swings to interim profit; warns on UK political uncertainty

UK energy utility SSE swung to an interim profit as it lifted full-year earnings estimates, but warned of political uncertainty due to the Labour Party plan to renationalise energy companies if elected next month.

13 Nov
Taylor Wimpey on track to meet FY guidance

House builder Taylor Wimpey said it was on track to deliver full year results in line with expectations, with slightly higher volumes and lower operating margins than previously guided.

12 Nov
UK's Labour hit by 'sophisticated' cyber attack

The UK's main opposition Labour Party said it had been the victim on Monday of a large-scale and sophisticated cyber-attack on its digital systems.

12 Nov
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US demand, rugby world cup boost ITV ad revenues

UK broadcaster ITV said strong US demand for its reality programming drove a rise in third quarter advertising revenues to the top end of expectations.

12 Nov
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Meggitt says FY operating margins to be at lower end of guidance

Aerospace engineer Meggitt upgraded its full year revenue forecasts but said operating margins would be at the lower end of guidance due to the Boeing 737MAX groundings and supply chain pressure as aircraft production increased.