Latest News
Crest Nicholson names former Tate & Lyle CEO as chairman
British housebuilder Crest Nicholson named former Tate & Lyle chief executive Iain Ferguson as its next chairman on Wednesday, taking over from Stephen Stone.
Galliford Try profits slide after construction contract write-downs
Galliford Try on Wednesday reported a fall in annual profit and revenue as its results were impacted by a drop in completions from its Linden Homes unit, while contract write-downs hit construction operations.
Capital & Regional in talks with Growthpoint over majority stake acquisition
Real estate investment trust Capital & Regional said on Wednesday that it is in talks with South Africa's Growthpoint Properties about the acquisition of a majority stake in the UK company through a partial offer.
Catenae losses widen as Brexit uncertainties depress target sectors
Digital media and technology group Catenae Innovation warned on Wednesday that full-year losses looked set to widen after second-half revenues came in below expectations.
London open: Stocks rise as Sino-US worries ease; attention turns to ECB
London stocks rose in early trade on Wednesday as worries about Sino-US trade relations eased and the focus shifted to this week's European Central Bank meeting amid expectations of a rate cut and further stimulus.
Mitie CFO Woolf resigns to take up new job at CPA Global
Outsourcer Mitie has announced the resignation of chief financial officer Paul Woolf, who has been appointed as the new CFO of intellectual property management company CPA Global.
US court rules on damages for Genus technology infringements
Genus on Wednesday said a US court had ruled on damages over infringement of two bull semen sexing patents sold by ABS Global under the Intelligen brand.
Biffa first half in line with expectations, FY outlook unchanged
Waste management company Biffa said on Wednesday that its full-year outlook was unchanged, with trading in the first half of the year in line with the board's expectations.
Legal & General agrees £35m buyout of Edwards Wildman pension scheme
Legal & General said on Wednesday that it has agreed to buy out US law firm Edwards Wildman Palmer's UK pension scheme for around £35m.
Man Group president Jonathan Sorrell steps down
FTSE 250 hedge fund manager Man Group said on Wednesday that president and executive director Jonathan Sorrell is stepping down to take on a new role outside the company.
Unite confident over rental growth as CMA kicks off acquisition probe
Student accommodation provider Unite said on Wednesday that it remains confident of delivering its rental growth targets for the next couple of years, as the Competition and Markets Authority confirmed the start of a phase 1 probe into its proposed £1. 4bn acquisition of rival Liberty Living.
Inchcape sells three Australian sites for £63m
Auto distributor Inchcape said it was selling three retail sites in Australia to Sime Darby Motors for £63m.
Serco wins extension to Australian immigration detention contract
Serco on Wednesday secured a two-year extension to a contract with the Australian government through which its subsidiary will continue to provide services at immigration detention facilities.
London pre-open: Stocks seen higher as investors eye ECB rate cut
London stocks were set for a firmer open on Wednesday, taking their cue from a positive Asian session amid hopes that the European Central Bank will cut interest rates and announce more stimulus this week.
Inchcape to sell Australia retail sites, Serco secures 2-year contract extension
London open The FTSE 100 was called to open 24 points higher at 7,291.
Wednesday newspaper round-up: Retailers, BMW, Cobham, annuity rates
Retailers and unions are calling for urgent government action to help struggling high streets as new data shows the number of shops, pubs and restaurants lying empty is rising at the fastest pace in nearly a decade. About 16 stores closed their doors every day in the first half of 2019 while only nine opened, resulting in a net decline of 1,234 chain stores on Britain’s top 500 high streets according to analysis by PricewaterhouseCoopers (PwC) and high street analysts the Local Data Company (LDC).