Latest News
Inland Homes posts flat revenues despite marked drop in completions
Brownfield developer Inland Homes reported flat revenues for the 15-month trading period ended 30 September despite witnessing a significant drop in private housing completions.
Driver Group profits soar following strong second half
Professional services consultancy Driver Group expects full-year profits to come in well ahead of expectations after performing well during the second half.
dotDigital profit climbs following recurring revenue growth
dotDigital on Tuesday reported a jump in annual profits from continuing operations as product development led to a sharp increase in recurring revenue.
88 Energy contracts rig as it prepares for drilling of Charlie-1
88 Energy updated the market on the upcoming drilling of the Charlie-1 appraisal well at Project Icewine, located on the Central North Slope in Alaska on Tuesday, reporting that through its wholly-owned subsidiary Accumulate Energy Alaska, it has executed a rig contract with Nordic-Callista Services to utilise Rig-3 for the drilling of Charlie-1.
Ofgem seeks to cut costs of Hinkley Point nuclear reactor link
UK energy regulator Ofgem said it had cut National Grid’s funding request to build a transmission link for the new Hinkley Point C nuclear reactor by £80m.
Science Group begins integration of Frontier Smart Tech acquisition
Science Group announced on Tuesday that its statutory merger with Frontier Smart Technologies Group had become effective on 11 October.
Open Orphan signs deal with Empiric Logic to complete Health Data platform
Europe-focussed rare and orphan drug consulting services platform provider Open Orphan has signed a new strategic collaboration agreement with Empiric Logic, it announced on Tuesday, to build on the earlier work it had performed, and complete the build out of its ‘Health Data’ platform as Europe's first rare disease, advocacy-led genomic database.
Lidco revenue slips as it focuses on its own products
Hemodynamic monitoring provider Lidco reported product revenues, excluding third-party products, of £3. 3m in its first half on Tuesday, which was an improvement of 10% year-on-year.
Seplat agrees cash acquisition with board of AIM-traded Eland
Seplat Petroleum Development Company announced on Tuesday that it has reached agreement with the AIM-traded Eland Oil & Gas on the terms of a recommended cash acquisition of the entire issued and to-be-issued ordinary share capital of Eland by Seplat.
German investor sentiment deteriorates less than expected in October
German investor sentiment deteriorated less than expected in October, according to the latest survey from the ZEW Center for European Economic Research in Mannheim.
UK unemployment rate ticks higher in August
The UK unemployment rate unexpectedly ticked higher in August as employment fell the most in four years, according to figures released by the Office for National Statistics on Tuesday.
Pound rallies as Barnier says Brexit deal possible
Sterling popped higher on Tuesday after the EU's top Brexit negotiator, Michel Barnier, said a Brexit deal is possible.
Indivior surges as it upgrades revenue guidance again
Indivior shares rallied on Tuesday after the pharmaceuticals company lifted its revenue outlook again following a stronger-than-expected performance from its opioid-addiction treatment Suboxone.
Woodford flagship fund to be wound up
The flagship investment fund of one-time stockmarket star Neil Woodford is to be wound up, its administrator said on Tuesday.
Europe open: Markets higher on Sino-US optimism and Brexit hopes
European stocks were higher on Tuesday morning amid renewed optimism over Sino-US trade relations and the chances of a Brexit deal.
Bellway profit rises amid strong demand
Housebuilder Bellway reported a jump in full-year profit on Tuesday amid strong demand but warned over margins.
Sainsbury's returns to sales growth - Kantar
Sainsbury's was the best performer among the big four supermarkets in the 12 weeks to 6 October as it returned to sales growth, according to data from research firm Kantar.
Schroders assets under management rise comfortably in first three quarters
Schroders released a brief update for the third quarter on Tuesday, reporting that as at period end, its total assets under management stood at £450. 8bn, rising from £407. 2bn at the start of 2019.
Rank Group pleased with first quarter performance as it integrates Stride
Rank Group announced that its group like-for-like net gaming revenue was up 10% for the first quarter ended 30 September on Tuesday, with total net gaming revenue up 9%.
Renishaw profits hit by 'challenging' global macro environment
Metrology and technology group Renishaw posted a fall in first-quarter profit and revenue on Tuesday as it said trading is expected to remain challenging throughout the rest of 2019.