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Capital & Regional reports 'strong' leasing momentum, welcomes Debenhams clarity
Shopping centre owner Capital & Regional reported "strong" leasing momentum on Friday as it welcomed further clarity around Debenhams.
Staffline warns on profits as Brexit impacts margins
Recruitment and training company Staffline warned on profits on Friday, pinning much of the blame on Brexit.
Housebuilders face competition probe over leases
The competition regulator will investigate housebuilders over the alleged mis-selling of thousands of leasehold properties after pressure from ministers.
Metro Bank raises £375m; shares soar on news
Troubled British lender Metro Bank confirmed it had raised £375m to prop up its balance sheet, £25m more than planned, sending its shares sharply higher in early Friday trade.
Hikma reports good start to 2019
Hikma Pharmaceuticals said it made a good start to 2019 with healthy demand across its businesses.
EasyJet predicts tougher trading as loss widens
EasyJet said it expected tougher trading conditions after the airline's first-half loss more than tripled.
Sage backs FY guidance as first-half adjusted operating profit dips
Accounting software company Sage posted a drop in first-half adjusted operating profit on Friday, as it said revenue growth for 2019 is expected to be at the top end or slightly above its guidance range.
Drax part-refinances acquisition facility with dollar-denominated notes
Drax Group announced on Friday that its indirect wholly-owned subsidiary Drax Finco has completed and settled its offering of US dollar-denominated 6. 625% senior secured notes due 2025, in an aggregate principal amount of $200m.
Cairn Energy sees production within guidance
Cairn Energy said group production for 2019 remained within guidance of 19,000-22,000 bopd for the first four months of the yea.
Wagamama acquisition helps boost The Restaurant Group
Eatery operator The Restaurant Group said its current trading was in line with its own expectations on Friday, with group like-for-like sales for the 19 weeks ended 12 May ahead 2. 8%, as its investors gathered for their annual general meeting.
Cairn Energy producing within guidance, Hikma makes good start to year
London open The FTSE 100 is expected to open 31 points lower on Friday, having closed up 0. 78% at 7,353. 51 on Thursday.
Friday newspaper round-up: British Steel, Metro Bank, Deliveroo, housebuilders
British Steel has staved off the threat of collapse, despite the government refusing its request to participate in a bailout, after the firm’s owners and lenders agreed to provide fresh funds. The deal, reached after talks at the Department for Business, Energy and Industrial Strategy (BEIS), secures the immediate future of 4,500 staff, most of whom work at the company’s Scunthorpe steelworks, one of the last two left in the UK. – Guardian.