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UK high court dismisses union's bid for Deliveroo riders' rights
The IWGB union lost its fight to win bargaining rights for gig economy riders who work for Deliveroo on Wednesday after its bid was dismissed by the High Court.
London midday: FTSE stays in the red, pound gains as odds of no-deal Brexit fade
London stocks remained well in the red by midday on Wednesday, with the pound clawing back some ground as traders saw lower chances of a no-deal Brexit.
I-Nexus' revenue increase fails to prevent widening losses
In its maiden annual results as a listed company, software group I-Nexus Global said it grew revenues but that losses widened due to the cost of new hires and a new US office.
UK car sales fall for the third month in a row
Sales of new cars fell in November, as supply constraints and faltering consumer confidence put the brakes on the industry.
Hargreaves' simplification enables sales and profits growth
Fuel supply and logistics firm Hargreaves Services said first-half trading had been "satisfactory" as it reported interim results in line with its expectations on Wednesday.
Recession, the taboo word for 2019 forecasts
There will be no recession in 2019, not in the United States or in Europe. This is the message most investment firms have stressed in the presentation of their forecasts for the next year. The general consensus is that, economically, things will continue on track - although they will slow down moderately - and that should end up being reflected in the stock markets.
'Nasty surprise' for UK economy as services sector growth shrinks to two-year low
The services sector saw growth slow to its weakest level for more than two years in November, as concerns over Brexit weighed on the economy and curtailed business and consumer spending.
UK govt set to publish full Brexit legal advice after contempt vote
UK MPs prepared for publication of the full legal advice on Brexit after they voted overnight to hold the government in contempt for refusing to do so.
Trump warns he is 'tariff man' if China trade deal falls through
China expressed confidence of agreeing a trade deal with the US within 90 days of negotiations after President Donald Trump took to Twitter warn that he was “Tariff Man” at heart.
London open: Stocks drop on Brexit woes after sterling falls to 18-month low
London stocks fell in early trade on Wednesday, taking their cue from weak US and Asian sessions as uncertainty about Brexit and US-China trade relations undermined sentiment.
Patisserie Holdings appoints Nick Perrin as interim CFO
Scandal-hit Patisserie Holdings has appointed Nick Perrin as its interim chief financial officer.
Traumakine treatment optimal for particular subgroup, Faron finds
Clinical stage biopharmaceutical company Faron Pharmaceuticals has identified, by genetic testing, an “optimal subgroup” of acute respiratory distress syndrome (ARDS) patients for Traumakine treatment who showed a substantial reduction in mortality during the INTEREST trial, it announced on Wednesday.
Eurasia Mining to press ahead with development at Monchetundra
Eurasia Mining updated the market on its Monchetundra Mine Permit on Wednesday, publishing further details of the now fully-approved mine permit and the administrative steps following the final award in November.
Pound pummelled by parliamentary chaos over Brexit
The pound hit a new 2018 low versus the dollar after the government endured the worst performance in parliament since the 1970s.
Block Energy working on 25-fold production increase at Norio
Georgia-focussed exploration and production company Block Energy updated the market on its initial work programme on Wednesday, with the focus on achieving a 25-fold increase in production at its Norio oil field to 250 barrels of oil per day (bopd) by the first half of 2019.
Numis full-year profit drops as it boosts headcount
Numis reported a 17. 4% drop in full-year profit on Wednesday, with staff-related costs up as it boosted its headcount.
Shanta Gold makes steady progress with Singida project plan
East Africa-focused gold producer Shanta Gold announced project economics for the Singida Gold Mining Project in central Tanzania on Wednesday, reporting average annual production from open pit mining of 26,000 ounces for an initial six year period.
YOLO investee Magic Media Works raises £0.9m for TV ad campaign
Technology, media and leisure investor YOLO Leisure and Technology announced on Wednesday that its investee company Magic Media Works has completed a funding round to raise an additional £0. 9m of equity, to enable it to launch its television campaign for the ‘ROXI’ home music entertainment product.
CAA launches enforcement action over Ryanair strike compensation
The UK Civil Aviation Authority has started enforcement action against Ryanair, it announced on Wednesday, following the airline's decision that financial compensation was not payable for flight disruption resulting from industrial action by the airline's staff this summer.
Joules H1 revenues rise, 'hard' Brexit contingency plans revealed
Joules bucked the retail gloom on Wednesday as it posted a jump in first-half revenue and said contingency plans have been put in place to mitigate the effects of a potential 'hard' Brexit.