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Altitude warns of softer second half following record revenues in H1
Marketplace operator Altitude Group expects first-half revenues to rise but warned on Thursday that its second-half figures looked set to miss expectations.
HSS Hire narrows losses in first half
Tool and equipment hire company HSS Hire said on Thursday that it had narrowed its losses in the first half thanks to a stronger underlying performance and lower exceptional costs.
Vodafone to launch Omani network with government partner
Vodafone on Thursday confirmed it has begun development of a new Vodafone Oman network as it announced a strategic partnership agreement with Oman Future Telecommunications, a government telecoms entity.
Hiscox appoints 17-year veteran to chief underwriting role
Hiscox appointed Joanne Musselle as its new group chief underwriting officer on Thursday, with the 17-year veteran also set to join the board as executive director in February 2020.
Dart Group cautious on outlook given 'deepening Brexit uncertainty'
Airline holding company Dart Group said on Thursday that it was confident of meeting profit expectations for the full year but remains cautious on its outlook due to Brexit uncertainty.
UK new car market steady in August; electric vehicle registrations surge
The UK new car market remained steady in August, according to the Society of Motor Manufacturers and Traders, with just 1,521 fewer cars registered than in the same month a year earlier.
Genus profits rise as bovine revenue grows
Animal genetics company Genus posted an increase in full-year profit and revenue on Thursday despite the challenges caused by the spread of African Swine Fever (ASF).
Go-Ahead profits tumble following loss of London Midland franchise
British transport firm Go-Ahead Group reported lower annual pre-tax profits on Thursday after earnings from its rail unit almost halved following the loss of its London Midland franchise.
Europe open: Shares up on new US-China negotiations
European shares were up Thursday morning as the US and China confirmed they would resume trade talks and the threat of a no-deal Brexit receded.
German factory orders slump amid trade uncertainty
German factory orders fell more than expected in July amid trade uncertainty, according to figure released by Destatis on Thursday.
Ultra Electronics poaches Castrol CFO for finance director job
Defence solutions provider Ultra Electronics said on Thursday that Ami Sharma will step down as group finance director on 1 December, to be succeeded by Jos Sclater, the current chief financial officer of Castrol Lubricants.
Redrow profit jumps as social housing boosts revenue
Redrow reported a jump in annual profit on Thursday as a double-digit increase in legal completions sent revenue to a record high.
London open: Stocks slip as ex-divs weigh; Melrose rallies on results
London equity markets slipped into the red in early trade on Thursday, unable to hold on to opening gains as ex-dividend stocks took their toll, although losses were small as investors welcomed positive developments in Sino-US trade relations.
Peers agree to pass Brexit delay bill as Johnson to address public
The UK's upper house on Thursday agreed to allow a law ruling out a no-deal Brexit to proceed before parliament is suspended next week as Prime Minister Boris Johnson prepared to “speak directly to the public”.
Aerospace division underpins profits at Melrose Industries
Turnaround specialist Melrose Industries posted a rise in interim pre-tax profit on Thursday thanks to a solid performance from its aerospace business, as it hiked its dividend and expressed confidence over its full-year trading.
London pre-open: Stocks seen higher amid Sino-US trade hopes
London stocks were set for a firmer open on Thursday amid fresh optimism over Sino-US trade talks.
Future sees FY earnings 'materially ahead' of expectations
Specialist media publisher Future said it expected full year core earnings to be “materially ahead” of expectations driven by trading in the US and forex benefits in the final quarter.
Future sees FY earnings 'materially' ahead, Redrow profits rise 7%
London open The FTSE 100 was called to open 31 points higher at 7,342.
Thursday newspaper round-up: Working conditions, Uniqlo, Cobham, The We Company
Britain risks turning the clock back to the working conditions of the Victorian age unless unions have greater powers to organise and negotiate, the head of the TUC has said. Frances O’Grady, the TUC’s general secretary, said that without a shift in the balance of power from employers to unions the UK would face rising inequality and insecurity at work. – Guardian.