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Dixons Carphone cuts dividend, plots faster revamp
Dixons Carphone said it would spend £200m over three years to accelerate its restructuring strategy after reporting a large first-half loss and cutting its dividend.
Airline industry to enjoy tenth year of profits in 2019 - IATA
The airline industry will see profits take off for the tenth year in a row in 2019, according to the International Air Transport Association, as oil prices soften and the global economy expands.
Remortgaging soars as homeowners lock in low interest deals
The number of people remortgaging rose to its highest level for nearly a decade, as homeowners took advantage of an increasingly competitive market to lock in low interest rate deals.
Wood Group warns on market volatility; sees FY in line
Oil services outfit Wood Group warned of future market volatility as it reported 2018 results would be in line with expectations.
UK's May to fight no confidence vote 'with everything I've got'
UK Prime Minister Theresa May said she would contest a challenge to her leadership scheduled for Wednesday evening "with everything I've got" after rebel Conservative MPs triggered a vote of no confidence in frustration at her inability to deliver a Brexit deal.
One third of government's expenditure goes to external suppliers
The UK government spends around one third (£284bn) of its total budget with private companies and could risk being unable to abandon current procurement arrangements even if politicians so wished, a new report has found.
Fulham Shore bucks the trend as profits rise; considers further expansion
Franco Manca and The Real Greek owner Fulham Shore posted a jump in interim pre-tax profit on Wednesday and said it is considering extending its opening programme beyond the current financial year.
Huntsworth to finish year in line with market expectations
International healthcare and communications group Huntsworth updated the market on its trading for the 11 months to 30 November on Wednesday, reporting that it continued to trade well and expected to reach at least market consensus headline profit estimates for the year ending 31 December.
Strix Group enforces patents in China, Germany
Kettle safety control manufacturer Strix Group updated the market on its intellectual property protection initiatives on Wednesday, reporting that it had successfully enforced its patents, which were being breached by manufacturers in China.
Superdry blames the weather again as it warns on profits
A day after its shares tumbled on the back of a broker downgrade, Superdry warned on profit again, pinning the blame on the weather as it posted a slump in underlying interim profit.
Go-Ahead awarded another German rail franchise
Go-Ahead Group has been awarded the first lot of the ‘Augsburger Netze’ rail routes, it announced on Wednesday, by the Bavarian rail authority and the Baden-Wurttemberg public transport authority.
Avacta Group picks up Jose Saro as chief medical officer
Biotherapeutic development company Avacta Group announced on Wednesday that Dr Jose Saro has been appointed as its chief medical officer, to lead its therapeutic development strategy and drive the in-house programmes into the clinic.
Mkango gets two-year licence renewal on its flagship project
Malawi-focussed rare earths exploration and development company Mkango Resources announced on Wednesday that the Government of Malawi has granted a further two-year renewal to its flagship project.
Clear Leisure reaches 'full and final' £1.15m settlement
Clear Leisure announced on Wednesday that, following the case management conference at the High Court on 9 November, a full and final settlement has been reached with the defendants in the sum of £1. 15m before legal and insurance expenses of nearly £0. 3m payable in cash to the company.
Petrofac rakes in $146m as sale to Ithaca Energy completes
Petrofac announced on Wednesday that it has completed the sale of Petrofac GSA Holdings to Ithaca Energy UK.
BTG and Boston Scientific extend acquisition deal regulatory dates
BTG announced on Wednesday that itself, its suitor Boston Scientific, and the acquisition vehicle Bravo Bidco, have entered into an amendment to the co-operation agreement to extend the date by which certain regulatory filings must be made in Spain, Germany and other relevant jurisdictions.
Minor victory for Indivior in Dr Reddy's court battle
Indivior received some better news from the US courts overnight in its battle with drugmaker Dr Reddy's, which had developed a copycat version of the UK company's best-selling treatment.
Non-combustible products help keep British American Tobacco on track
British American Tobacco updated the market on its trading ahead of its closed period on Wednesday, reporting that it continued to perform “well”, with its full-year guidance remaining unchanged.
London open: Stocks inch higher on trade hopes, May faces leadership challenge
London stocks edged higher in early trade on Wednesday, taking their cue from an upbeat Asian session as investors grew increasingly optimistic about Sino-US trade relations, even as Theresa May faced a leadership challenge.
Marshalls to buy brick manufacturer Edenhall, to exceed FY expectations
Marshalls announced the acquisition on Wednesday of concrete brick manufacturer Edenhall for up to £17. 2m as it said it expects to exceed full-year expectations thanks to better second-half revenue growth.