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Latest News
09 Jul
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Government clashes with its own business advisers over no-deal Brexit

A group of business experts appointed by the UK government to look for alternatives to the “backstop arrangement” for the Northern Irish border have clashed with Westminster over the possibility of a no-deal Brexit.

09 Jul
Japan, Nikkei, Tokyo, Asia
Asia report: Most markets decline as Fed rate cut hopes diminish

Markets in Asia were mostly in the red on Tuesday, as investors closed their wallets while expectations for a rate cut from the US Federal Reserve continued to slide.

09 Jul
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Impellam acquires London-based flexible staffing platform Flexy

Staffing business Impellam agreed to acquire London-based flexible staffing platform Flexy for an initial payment of roughly £3m on Tuesday.

09 Jul
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Origin Enterprises strikes disposal deal for land at Cork's South Docklands

Origin Enterprises has reached a conditional agreement for the disposal of up to 31 acres of land owned by the group at Cork’s South Docklands in Ireland to O'Callaghan Properties, it announced on Tuesday, for a cash consideration of up to €47. 5m.

09 Jul
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E.ON to supply all UK customers with 100% renewable electricity

Over 3m homes will receive renewable energy from E. ON UK at no extra cost in its biggest green energy switch to date as a response to the climate crisis.

09 Jul
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Base Resources transfers operations to new orebody at Kwale

Base Resources has completed the transition of mining operations to the South Dune orebody at its Kwale Operations in Kenya, it announced on Tuesday.

09 Jul
beer
Poor weather continues to dampen summer trading for Young's

Young’s said on Tuesday that the pattern of poor weather which affected trading in the beginning of its financial year had continued through into the summer, with an “inevitable” effect on its performance.

09 Jul
Wincanton, trade, containers, exports, imports, distribution, logistics
Wincanton confirms September timetable for CEO handover

Wincanton confirmed on Tuesday that its new chief executive officer, James Wroath, would join the business and be appointed to the board with effect from 2 September.

09 Jul
oilfield
Chariot makes solid development progress across portfolio

Atlantic margin-focussed oil and gas company Chariot Oil & Gas said that the addition of discovered resources in the “significant” Anchois gas discovery at the Lixus Offshore licence in Morocco had “rebalanced” its portfolio as it updated shareholders on Tuesday.

09 Jul
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IMImobile inks Apple Business Chat contract with Vauxhall

Communications software firm IMImobile has inked a deal that will see the group provide one of the UK's largest car manufacturers with Apple Business Chat via its enterprise communications platform.

09 Jul
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Nintendo confirms partial switch of production out of China

Nintendo is to move part of the production of its bestselling Switch gaming console away from China, it emerged on Tuesday.

09 Jul
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Ceres' revenues and operating income soar as strong commercial activity continues

Fuel cell technology outfit Ceres Power expects its audited results for the year ended 30 June will reveal the group traded ahead of market expectations thanks to continued strong commercial activity.

09 Jul
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Shares in Rémy Cointreau fall as chief executive announces departure

The chief executive of Rémy Cointreau has resigned, the French drinks group confirmed on Tuesday.

09 Jul
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Premier Asset Management's AUM falls amid 'challenging' industry conditions

Premier Asset Management reported a drop in assets under management in its third quarter as it continued to face challenging conditions.

09 Jul
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Trump escalates war of words over UK cable leak

The row between the UK and US over leaked diplomatic cables describing Donald Trump as “inept” escalated overnight as the president said he would not work with British ambassador Kim Darroch.

09 Jul
Costain building site, construction, civil engineering
Costain to deliver redevelopment of Gatwick Airport station

Infrastructure solutions group Costain said on Tuesday that it has been appointed by Network Rail Southern Region to deliver the £150m redevelopment of Gatwick Airport station.

09 Jul
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Knights Group revenues jump 51% in maiden results

Knights Group on Tuesday reported double-digit growth in annual profits and revenues in its maiden results since listing on London's AIM market.

09 Jul
medical, health, doctor
Genedrive shares slide as HCV ID uptake remains 'slow'

Molecular diagnostics firm Genedrive saw diagnostic revenues rise slightly in its last trading year but noted that uptake of its HCV ID kit remained "slow".

09 Jul
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Benchmark Holdings CFO stands down after nine years

Aquaculture health and genetics business Benchmark Holdings announced on Tuesday that chief financial officer Mark Plampin would be stepping down after nine years in the role.

09 Jul
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Science in Sport revenues soar following PhD acquisition

Performance nutrition company Science in Sport saw revenues skyrocket in the first half of its trading year, driven by its recent acquisition of protein drink manufacturer PhD Nutrition.