Latest News
House building underpins UK construction sector in December
House building underpinned the UK construction sector in December, according to a survey released on Thursday.
FCA warns 4,000 firms could fail in Covid-19 crisis
As many as 4,000 financial services businesses are at increased risk of failure because of the Covid-19 crisis and almost a third of these could cause harm to consumers, the City regulator said.
Creo Medical gets FDA clearance for 'MicroBlate Flex' device
Surgical endoscopy-focussed medical devices company Creo Medical Group has received 510(k) clearance from the US Food and Drug Administration (FDA) for its ‘MicroBlate Flex’ tissue ablation device, it announced on Thursday.
Versarien taps Dr Stephen Hodge for chief technical officer role
Advanced materials engineering group Versarien has tapped Dr Stephen Hodge to take over as chief technical officer.
US Congress confirms Biden win after pro-Trump mob storms Capitol
Joe Biden has been confirmed by Congress as the 46th President of the United States, hours after a mob incited by President Trump stormed and occupied the Capitol building, resulting in the death of one woman.
Cambria Automobiles trades ahead in Q1, warns of Covid-19 impacts to FY performance
Car dealership chain Cambria Automobiles said on Thursday that trading for the first three months of the year was better than the performance turned in at the same time a year earlier but also warned of a significant hit to its full-year underlying performance due to government-enforced measures aimed at curbing the spread of the coronavirus.
German factory orders post unexpected jump
German factory orders posted an unexpected jump in November as Europe's biggest manufacturing sector rode out the resurgence of Covid-19.
Judges Scientific lifts earnings expectations after 'difficult' year
Scientific instrument sector investor Judges Scientific lifted its earnings expectations for 2020 on Thursday, as its explained that following the outbreak of Covid-19 and the “difficult” trading conditions associated with lockdowns globally, the main impact it had experienced had been on order intake.
Mattioli Woods sees further growth in profitability in first half
Wealth management and employee benefits provider Mattioli Woods updated the market on its first half of trading on Thursday, reporting the achievement of a “key milestone”, as its total client assets exceeded £10bn at period end.
Mpac sees FY profits topping expectations
Packaging and automation solutions group Mpac expects to report full-year underlying pre-tax profits ahead of market expectations.
Avacta enters licence agreement with Point Biopharma
Cancer therapy and diagnostics developer Avacta Group has entered into a licence agreement with Point Biopharma, it announced on Thursday, to provide access to its ‘preCISION’ technology for the development of tumour-activated radiopharmaceuticals.
Marlowe buys wastewater services firm WPL for £10m
Safety and compliance software and services company Marlowe has acquired WPL for an enterprise value of £10m, it announced on Thursday.
London open: Stocks edge up despite Capitol Hill chaos
London stocks edged higher in early trade on Thursday despite the chaos on Capitol Hill overnight, with hopes of further US stimulus continuing to underpin sentiment.
Mitchells & Butlers to raise equity as lockdown burns cash
Mitchells & Butlers said it was planning to raise capital from shareholders with no pubs trading and the company burning through up to £40m a month of cash during the Covid-19 lockdown.
Ryanair slashes traffic forecasts, flights after new Covid lockdown
Budget airline Ryanair said it was slashing its flight schedule and annual traffic forecasts after fresh lockdowns in the UK and Ireland in response to a new variant of the coronavirus.
TP Icap describes 'resilient' performance in 2020
TP Icap updated the market on the final quarter of 2020 on Thursday, reporting that while trading volumes continued to be subdued during much of the three-month period, it was expecting revenue for the full year to be 1% lower than the prior year.
B&M to pay £200m special dividend after sales surge
B&M European Value Retail said revenue increased by more than a fifth in the third quarter and that it would pay a special dividend of £200m.
Entain makes offer for Sweden's Enlabs, lifts FY expectations
Ladbrokes owner Entain said on Thursday that it has offered to buy Swedish sports betting firm Enlabs AB for around SEK2. 80bn (£250m), as it upgraded its full-year expectations after a "strong" final quarter.
London pre-open: Stocks seen higher despite Capitol Hill chaos
London stocks were set for more gains on Thursday despite the chaos on Capital Hill overnight.
Sainsbury's sales rise over festive period, B&M revenue improves in third quarter
London open The FTSE 100 is expected to open 57 points higher on Thursday, having closed up 3. 47% on Wednesday at 6,841. 86.