Latest News
Westminster Group wins Covid fever screening contract
Managed services and security company Westminster Group announced on Tuesday that its technology division has been contracted to provide an unnamed “global investment management” company with a range of fever screening and safety equipment.
Amitay Weiss appointed chair of Matomy Media
Matomy Media announced on Tuesday that Amitay Weiss has been appointed as the chairperson of its board.
Frontier IP investment Exscientia raises $60m in series C round
Intellectual property company Frontier IP said on Tuesday that its portfolio company, AI-driven drug discovery firm Exscientia, has raised $60m (£49. 1m) through a series C financing round.
Gateley sees FY revenues growing despite pandemic
Legal and professional services group Gateley expects annual revenues to have improved in its recently wrapped up trading year despite coronavirus-related impacts slowing growth.
BoE's Haldane says negative rates not remotely close
The Bank of England's chief economist has said the central bank is not remotely close to a decision on adopting negative interest rates in the latest tweak to the BoE's guidance on the subject.
Novavax begins trialling Covid-19 vaccine in Australia
Biotechnology firm Novavax has begun trialling a Covid-19 vaccine candidate in Australia as it hopes to release a proven vaccine by the end of 2020.
Grainger signs up Paul Glibbery as chief information officer
Residential landlord Grainger announced the appointment of Paul Glibbery as its chief information officer on Tuesday, with responsibility for driving Grainger's technology transformation.
Panoply secures 'significant' digital transformation contract
Technology-enabled services group Panoply has signed a "significant" digital transformation contract with an unnamed global philanthropic organisation.
PureTech Health lowers stake in founded entity
Clinical stage biotechnology company PureTech Health said on Tuesday that it had received $45m from the sale of 555,500 shares of its founded entity Karuna Therapeutics.
Shield Therapeutics names Hans Peter Hasler as next chairman
Pharmaceutical group Shield Therapeutics named Hans Peter Hasler as non-executive chairman of the company on Tuesday.
Yourgene Health expands laboratory to offer Covid-19 testing
Molecular diagnostics group Yourgene Health has expanded its laboratory capabilities to offer Covid-19 testing services and also begun developing its own test kit for the coronavirus.
Marshall Motor set to reopen showrooms on June 1
Car dealership operator Marshall Motor said it would reopen showrooms on June 1 after the government said it was further easing coronavirus lockdown restrictions.
FRC probes KPMG and PwC's Eddie Stobart audits
The UK's accounting regulator is investigating KPMG and PwC's audits of Eddie Stobart Logistics, the company that was hit by an accounting fiasco in 2019.
Europe open: Travel stocks jump as restrictions on sector ease
Stocks in Europe are extending gains from the previous session as travel stocks rally amid news of easing travel restrictions across the Continent.
HSBC board seeks deeper cuts in new revamp push - report
HSBC's board is seeking deeper cuts than the 35,000 job reductions already announced after deciding the Covid-19 crisis requires more radical measures, according to a report.
Asia report: Shares higher on post Covid recovery hopes
Asian shares closed higher on Tuesday, ignoring the threat of more political instability on Hong Kong as investors eyed the first human trials of a coronavirus vaccine by pharma firm Novavax.
Micro Focus to repay $150m of debt after scrapping dividend
Micro Focus International said it would use $150m (£123m) of cash reserves to pay off debt after cancelling its final dividend for 2019.
Germany wants to lift tourist travel warning — report
The German government intends to lift a travel warning for tourist visits to 31 European countries from mid-June if the Covid-19 situation allows, according to reports.
London open: FTSE rallies as travel stocks shine
London equity markets rose in early trade on Tuesday, with travel stocks pacing the advance as investors welcomed an easing of lockdown measures and travel restrictions.
ScS reopens 80 English branches
ScS has reopened 80 of its stores in England but its branches in Wales and Scotland have stayed closed in line with government guidance.