{{ storiesRelated.title }}

johnson matthey chemicals
Johnson Matthey reiterates full year guidance

Johnson Matthey reiterated full year guidance and revealed plans to boost shareholder returns as it outlined future targets on its capital markets day on Thursday.

Gold bars, coins, mining, metals
Trans-Siberian Gold announces another dividend following record revenue

Low cost, high grade Russia-focussed gold producer Trans-Siberian Gold announced its unaudited interim results for the period ended 30 June on Thursday, reporting record first half revenue generation of $30m (£24. 03m), up 8. 7% year-on-year.

ep piano musica
One Media IP buys music catalogue of US pianist Philip Wesley for $4m

Digital media content provider One Media IP said it had bought the music catalogue to date of American composer and pianist Philip Wesley for $4. 15m.

energy uskmouth power station simec
SIMEC Atlantis Energy losses widen as it pursues multiple developments

Sustainable energy developer, owner and operator SIMEC Atlantis Energy reported a consolidated group cash position of £5. 1m as at the end of its first half on Thursday, down from £9. 3m at the end of the 2018 financial year, and including £1. 8m held at MeyGen, falling from £2. 4m.

ep costearlas sancionesventaalcoholmenoresuna nueva idealucharconsumoalcoholadolescentes
Diageo affirms sales targets, but warns not immune on global trade shifts

Drinks company Diageo warned it was not immune to changes in global trade policy but expected to meet net sales and operating profit growth targets.

petards german police car
Petards revenue falls as defence operations struggle

Security and surveillance systems developer Petards Group reported an 8% fall in its interim revenue to £8. 9m in its half-year report on Thursday.

Conroy Gold upbeat on review findings at Clontibret Gold Deposit

Ireland and Finland-focussed gold exploration and development company Conroy Gold and Natural Resources announced the results of an independent review of the structural controls on the Clontibret Gold Deposit in County Monaghan, Ireland, by consultant structural geologist Dr Francis Murphy on Thursday.

pound sterling gbp money inflation spending
Turbulent leather market sees Pittards revenue fall in first half

Specialist advanced leather producer Pittards reported a 16% drop in interim revenue in its half-year report on Thursday, to £12. 1m.

Underlying operating profit takes a step backwards at FW Thorpe

Professional lighting systems supplier FW Thorpe announced its preliminary results for the year ended 30 June on Thursday, reporting a 0. 9% improvement in revenue to £110. 6m.

camden high street retail shopping
UK retail sales unexpectedly dip in August

UK retail sales unexpectedly dipped in August, driven by a drop in online sales, according to data released by the Office for National Statistics on Thursday.

Online sales drive rise in Next interim profits

High Street fashion chain Next said interim profits rose 2. 7%, as strong online sales offset a fall in retail and the company maintained its outlook for the full year.

federal reserve
Europe open: Markets rise after Fed cuts rates, BoE statement eyed

European stocks were higher on Thursday morning, as investors digested the impact the Fed's latest rate cut and eyed the next Bank of England monetary policy statement.

london skyline thames
London open: Stocks nudge lower after Fed; BoE announcement eyed

London stocks slipped in early trade on Thursday as investors digested a hawkish rate cut from the US Federal Reserve and looked ahead to a policy announcement from the Bank of England.

saga cruises
Saga profits drop as travel business hit by Brexit uncertainty

Over-50s specialist Saga posted a drop in interim profit on Thursday as Brexit-related uncertainty took its toll on the travel business, but the group backed its expectations for the year.

Spectris sells BTG unit to Voith for €319m

Instruments and controls company Spectris said it had sold its BTG unit to German paper supplier Voith for €319m (£283m) in cash as it moved to focus on high-growth end markets.

libra, esterlina, divisa, moneda, reino unido pound currency
UK Commercial Property REIT continues to outperform benchmark

UK Commercial Property REIT reported a net asset value total return of 1. 9% in its half-year results on Thursday, down from 12. 2% a year earlier, with the boards saying the result was achieved with low relative net gearing of 16. 2% as its property portfolio continued to outperform the benchmark.

jd sports retail
JD Sports faces further CMA probe over Footasylum acquisition

Footwear and sports apparel retailer JD Sports Fashion’s acquisition of Footasylum was facing a fresh regulatory hurdle on Thursday, as the Competition and Markets Authority confirmed that it intended to refer its review to a phase two investigation.

ig group trading spread cfd
IG Group first-quarter revenues flat, still sees return to revenue growth in FY20

Online trading platform IG Group reported flat first-quarter revenues on Thursday, said it performed well and backed its expectations for a return to revenue growth in FY20.

Tate & Lyle inks insurance deal with Legal & General, JD Sports acquisition of Footasylum to be probed further

London open The FTSE 100 is expected to open 16 points lower on Thursday, having closed down 0. 09% at 7,314. 05 on Wednesday.

Thursday newspaper round-up: Credit card spending, River Island, Royal Mail, EDF

Credit card spending has overtaken cash for the first time, according to data from UK retailers. This means notes and coins have been demoted to the third most popular method of payment. The figures from the British Retail Consortium (BRC) – whose members are responsible for £180bn of sales – come amid warnings that millions of adults would struggle to cope in a cashless society. – Guardian.