Latest News
Tungsten CFO to leave group
Electronic invoicing firm Tungsten said on Friday that chief financial officer Chris Allen had asked to step down from both the board and his role, with immediate effect.
UK economy grows in July but still 11.7% below pre-Covid level
The UK economy continued to recover in July but remains below pre-pandemic levels, according to figures released on Friday by the Office for National Statistics.
Sound Energy narrows losses in first half
Morocco-focussed upstream oil and gas company Sound Energy reported a group operating loss of £1. 7m in its first half on Friday, narrowing from £4m in the first six months of the prior year.
Anglo American diamond sales nearly triple in seventh cycle
Diversified mining company Anglo American said on Friday that majority-owned De Beers Group had recorded almost three times as many sales of rough diamonds in the year's seventh sales cycles as it had in the sixth.
London open: Stocks edge higher after UK GDP
London stocks edged higher in early trade on Friday as investors digested the latest UK GDP figures, with Brexit talks due to resume.
Empyrean Energy raises £0.2m for general working capital
China, Indonesia and US-focussed oil and gas development company Empyrean Energy updated the market on its £10m equity placement facility with Long State Investment on Friday, raising £0. 2m for its general working capital.
LondonMetric sells six distribution warehouses for £57.3m
LondonMetric Property announced the disposal of a portfolio of six distribution warehouses for £57. 3m to Canmoor and Canadian institutional investor AIMCo on Friday, reflecting a blended net initial yield of 5. 3%.
Ferrexpo announces another special dividend amid strong demand
Swiss iron ore company Ferrexpo announced a further special dividend on Friday following strong cash generation and solid demand.
Provident Financial CEO takes break for heart operation
Provident Financial's chief executive Malcolm Le May is taking time off to have a heart operation, leaving chairman Patrick Snowball in charge of the subprime lender until he returns.
London pre-open: Stocks seen muted as investors mull GDP
London stocks were set for a muted open on Friday as investors digested the latest UK GDP figures, with Brexit talks due to resume.
Rio Tinto chief executive steps down, LondonMetric sells six distribution warehouses
London open The FTSE 100 is expected to open 16 points lower on Friday, having closed down 0. 16% at 6,003. 32 on Thursday.
Ashmore proposes unchanged dividend as profit edges up
Ashmore proposed an unchanged final dividend as the emerging markets fund manager reported a 1% increase in annual profit.
Friday newspaper round-up: Arm, furlough scheme, Deloitte
Hotels and restaurants have been hit by a wave of cancellations as new coronavirus restrictions throw the country’s Christmas celebrations into doubt and raise the prospect of a fresh setback for the high street. If new rules banning gatherings of more than six people remain in place over the festive season, analysts say, the absence of Christmas parties and big family get-togethers could cost retailers billions of pounds in lost clothing and food sales. - Guardian.