Latest News
Half of UK firms plan investment cuts amid Brexit delay - survey
UK finance chiefs' perceptions of economic and financial deterioration are at the highest levels since the 2016 Brexit referendum, revealed the latest CFO quarterly survey by Deloitte.
Robert Walters net fee income rises amid growth across geographies
Recruiter Robert Walters reported a jump in first-quarter gross profit on Monday amid growth across its geographies.
TSB unveils fraud repayment guarantee
TSB on Monday said it had implemented a “fraud refund guarantee” to ensure the bank's 5. 2m would be reimbursed in full if they were an innocent victim of a scam.
High street footfall rebounds after fifteen-month decline
Shopper numbers last month increased strongly compared to last year, though the difference was mostly put down to the vastly different weather.
Barclays downgrades Compass on valuation grounds
Outsourcer Compass was under the cosh on Monday as Barclays downgraded its rating on the stock to 'equalweight' from 'overweight' after 10 years.
Emmerson signs landmark heads of agreement for Khemisset offtake
Morocco-focussed potash development company Emmerson has signed a heads of agreement with respect to offtake, sales and marketing for 100% of production from the Khemisset Potash Project, it announced on Monday.
Ascent Resources partners confirm receipt of IPPC permit
Ascent Resources confirmed on Monday that its joint venture partners had been informed by the Slovenian Environment Agency (ARSO) that the integrated pollution prevention and control (IPPC) permit had been confirmed as fully valid.
Summit Therapeutics upbeat on latest DDS-04 data
Antibiotic innovation firm Summit Therapeutics reported on in vivo proof-of-concept data for the DDS-04 series of new mechanism antibiotics targeting enterobacteriaceae on Monday, having presented them at the 29th European Congress of Clinical Microbiology and Infectious Diseases in Amsterdam.
Floundering firm PhotonStar changes name to Bould Opportunities
Struggling lighting manufacturing company PhotonStar LED has changed its name to Bould Opportunities as it seeks a new direction, it confirmed on Monday.
Warehouse REIT acquires Northampton and Aberdeen estates
British real estate investment outfit Warehouse REIT has exchanged contracts to acquire multi-unit estates in Northampton and Aberdeen for a total of £37m.
Target Healthcare buys operating care home in Merseyside
Specialist care home investor Target Healthcare has completed the acquisition of a property in Formby, Merseyside for approximately £6. 9m including transaction costs, it announced on Monday.
PureTech partner Gelesis gets FDA approval for weight loss product 'Plenity'
Biopharmaceutical company PureTech Health announced on Monday that its affiliate Gelesis has received marketing clearance from the United States Food and Drug Administration (FDA) for its first product, ‘Plenity’ (Gelesis100).
SigmaRoc buys chunk of Welsh quarry operator GDH
Buy-and-build construction materials group SigmaRoc has acquired a 40% equity interest in south Wales quarrying group GDH for a cash consideration of £4. 89m, it announced on Monday.
NAHL launches 'customer focused' law firm
NAHL Group, which operates the National Accident Helpline, has launched its new wholly owned law firm.
Acacia Mining sets out recovery plan after poor first quarter
Acacia Mining reported gold production of 104,899 ounces in its first quarter on Monday, which was 13% below the prior year period due to lower production at North Mara and Buzwagi.
Publicis to buy US-based marketing and data group Epsilon for $4.4bn
French advertising giant Publicis has agreed to buy US-based marketing and data group Epsilon from Alliance Systems Corp for $4. 4bn in cash.
IWG flips Japan business via £320m franchise deal
IWG continued its shift towards an asset-light model on Monday with a £320m deal to sell 100% of its Japanese serviced office space to Tokyo-listed TKP Corporation, with which it has agreed a franchise agreement.
House prices rise in April; Brexit delay expected to boost sales - Rightmove
House prices rose in April, with the Brexit delay expected to provide a boost into the spring and summer months, according to the latest survey by Rightmove.
London open: Stocks steady as investors eye more US earnings, Sino-US progress
London stocks were little changed in early trade on Monday, with investors seemingly reluctant to make any big moves ahead of more key US earnings later in the session and important UK and Chinese data due later in the week.
Monday newspaper round-up: Barclays, Domino's, TSB, Whitbread, Netflix
British businesses are the most gloomy they have been about Brexit since the 2016 referendum, with eight out of 10 finance leaders expecting the long-term business environment to be worse as a result of the UK leaving the EU. The accountancy group Deloitte has warned that worries over the long-term impact of Brexit are mounting, with more than half of finance bosses expecting to rein in recruitment and spending. - Guardian.