Latest News
Mitchells & Butlers in £350m placing as major shareholders take control
Three shareholders in Mitchells & Butlers have combined to control 55% of the Harvester owner as the pub giant said it planned to raise £350m through a discounted raising.
Tuesday preview: ZEW economic expectations index, Glencore in the spotlight
Financial markets' focus on Tuesday will be on the ZEW institute's economic expectations index for Germany.
Dunelm deputy chairman reduces stake
Dunelm's deputy chairman announced plans to reduce his stake in the furniture retailer as its shares raced back towards their record highs.
Europe close: Stimulus and vaccine hopes boost shares
European shares extended gains pushed ahead in a big way at the start of the week, fuelled by the prospect of further fiscal stimulus in the States and for the rollout of vaccines.
London close: Stocks finish firmer on renewed vaccine optimism
London stocks finished firmly in positive territory on Monday, while sterling remained above the $1. 39 level for the first time in nearly three years amid optimism over the vaccine rollout.
Broker tips: Polypipe, Ashmore, Jet2, Moneysupermarket
Analysts at Berenberg raised their target price on plastics pipe company Polypipe from 540. 0p to 610. 0p on Monday, stating recent acquisitions aided the company's structural growth story.
Surgical Innovations enters new US distribution agreement
Medical technology company Surgical Innovations announced a new United States distribution agreement with Microline Surgical for its range of ‘YelloPort+Plus’ and ‘YelloPort Elite’ access devices.
Sector movers: Oil and Mining stocks surge on US stimulus and vaccine hopes
Oil and Mining stocks surged at the start of the week on hopes for further fiscal stimulus in the US and that the pandemic might start to be coming under control.
Johnson targets "cautious but irreversible" lockdown easing
Boris Johnson said any moves to reopen the UK economy must be "cautious but irreversible" as he faced pressure from his backbenchers to set a date for an end to Covid-19 restrictions.
Director dealings: N Brown director ups stake
N Brown Group revealed on Monday that non-executive director Joshua Alliance had snapped up 3. 36m ordinary shares in the FTSE 250-listed clothing retailer.
Strategic Minerals gets European funding for Redmoor project
Strategic Minerals announced on Monday that its wholly-owned subsidiary Cornwall Resources (CRL) has been notified that the 'Deep Digital Cornwall' project, led by the University of Exeter's Camborne School of Mines (CSM), has been awarded funding by the European Regional Development Fund (ERDF), through the Ministry of Housing, Communities, and Local Government.
Physiomics and ValiRx enter new collaboration deal
Oncology consulting company Physiomics has entered into a new agreement with clinical-stage drug development company ValiRx, it announced on Monday, superseding the agreement between the two companies, which was announced in September 2011.
Goldplat makes progress on simplification of company structure
South Africa and Ghana-focussed gold producer Goldplat updated the market on the proposed simplifying of its structure to reduce costs on Monday.
AfriTin extends Uis offtake deal, signs new tantalum agreement
Namibia-focussed tin mining company AfriTin Mining has agreed a new offtake agreement for its tin concentrate with its existing trading partner Thailand Smelting and Refining Corporation (Thaisarco), it announced on Monday, as well as signing an inaugural offtake agreement with AfriMet Resources for its future tantalum production.
FTSE 250 movers: Leisure stocks gain; Moneysupermarket hit by downgrade
London’s FTSE 250 was up 1. 8% at 21,416. 55 in afternoon trade on Monday.
Vivendi surges after saying it may spin off UMG by year end
Vivendi shares surged on Monday after the French media conglomerate said over the weekend that it may spin off its Universal Music Group subsidiary by the end of the year.
FTSE 100 movers: Travel & leisure stocks rally; dollar-earners decline
London’s FTSE 100 was up 2. 1% at 6,729. 53 in afternoon trade on Monday.
Jaguar cars to be all-electric by 2025 in revival plan
Jaguar cars will be electric-only by 2025 as part of a wide-reaching overhaul by its parent company Jaguar Land Rover.
Berenberg raises target price on Polypipe
Analysts at Berenberg raised their target price on plastics pipe company Polypipe from 540. 0p to 610. 0p on Monday, stating recent acquisitions aided the company's structural growth story.
Sterling pushes past $1.39 amid vaccine optimism
Sterling pushed past the $1. 39 level on Monday for the first time in nearly three years, boosted by optimism over the vaccine rollout.