Latest News
Idox financials stumble but order book offers hope
Annual revenue and earnings stalled at Idox as the information management software provider refocuses on its core business and disposes of loss-making divisions, though its order book more than doubled.
Retail sales pick up but Brexit fears still loom large - CBI survey
The UK’s under-pressure high street saw a surprise pick up in sales in November – but expectations for the coming months have weakened as Brexit uncertainly continues.
Belvoir Lettings acquires Gloucestershire-based mortgage intermediary
Britain's largest property franchise Belvoir Lettings has continued its growth strategy with the acquisition of Mortgage Advice Bureau's Gloucestershire-based subsidiary for £3. 6m.
Europe midday: Stocks slip as US President issues warning ahead of trade talks
Stocks on the Continent are drifting lower after the US President said he expected a previously announced increase in tariffs on Chinese goods to go ahead at the turn of the year, as planned.
Electric bike company Lime launches in UK
US electric bike and scooter-sharing company Lime has introduced its e-bikes to the streets of Milton Keynes.
Manx Telecom hires ex Virgin executive as new commercial head
Communications provider Manx Telecom has appointed former Virgin Mobile executive Ed Jennings as its new chief commercial officer.
Shaftesbury makes progress with lettings
Shaftesbury made progress letting its larger developments in London's West End, though it was a little slow and contributed to year-end net asset value being slightly lower than expected.
Asia report: Markets mostly higher after good show on Wall Street
Most markets in Asia finished Tuesday’s session in the green, as investors continued to hold their breath ahead of a meeting between Xi Jinping and Donald Trump over the ongoing trade spat between China and the US.
Pets at Home profits drop on restructuring costs, may close 30 stores
Pets at Home reported a 9. 3% drop in first-half profit on Tuesday as it took a hit from restructuring costs in its vet business.
Gooch & Housego sets sights on strong 2019; CFO to step down
Gooch & Housego, the optical components specialist, said its record order book left it well-positioned for 2019 "and beyond", despite the growing macroeconomic and political risks.
UK summer helps Pennon interims shine
Summer heat in the UK helped boost interim profits at water utility Pennon Group, the company reported on Tuesday.
Renew redoubles focus on UK infrastructure as profits slide
Engineering services group Renew said it was well placed to take advantage of government spending plans, despite a fall in full-year profits.
Uber fined £385,000 over data protection failings, attempted cover-up
The UK data regulator announced on Tuesday it has fined Uber £385,000 over a series of data protection failures during cyber attacks in 2016.
Topps Tiles profits slip, Brexit stockpiling planned
Tile specialist Topps Tiles posted a drop in full-year profit on Tuesday as it announced plans to stockpile ahead of Brexit.
GB Group revenues rise as profits take a dip
Identity data intelligence specialist GB Group released its unaudited results for the six months ended 30 September on Tuesday, reporting a 9% uptick in revenue to £57. 3m.
Vp trades strongly in first half despite Brexit 'distraction'
Equipment rental specialist Vp issued its interim results for the six months ended 30 September on Tuesday, reporting a 22% improvement year-on-year in profit before tax and amortisation to £25. 9m.
Nokia shows off 5G tech at live pilot in Singapore
Nokia and StarHub have completed the first outdoor pilot of ‘5G New Radio’ on the 3. 5GHz frequency band in Singapore, it was announced on Tuesday.
Thomas Cook yanks dividend after third profit warning of year
Thomas Cook has withdrawn its dividend as it cut its annual profits guidance for the third time this year and said bookings for the coming winter were down 3% on last year and there had been a "mixed start" to for summer 2019.
Inland Homes trading in line as it explores new initiatives
Housebuilder and regeneration specialist Inland Homes updated the market on its trading on Tuesday, reporting that its strategy to focus on affordably priced, good quality homes in the South East of England, as well as partnership housing and land trading, was providing a platform for strong operational and financial performance during the rest of the financial year.
PureTech's Vedanta begins phase 1 study of VE202
Biopharmaceutical company PureTech Health announced on Tuesday that its investee Vedanta Biosciences was starting a Phase 1 clinical study of VE202, its orally-administered live biotherapeutic product (LBP) candidate for inflammatory bowel disease (IBD).