Latest News
JTC raises £66m for potential acquisition spree
JTC has raised £65. 9m to reduce debt and leave it room to fund more than 25 potential acquisitions.
Burford Capital names Kenneth Brause as CFO
Finance and asset management firm Burford Capital named Kenneth Brause as its next chief financial officer on Friday, effective 3 May.
UK house prices rise most since 2004 in April, Nationwide says
House prices are surging back in the UK and the pace is set to pick up further in coming months, the results of a closely-followed survey revealed.
Brickability makes Mike Gant's CFO appointment permanent
Construction materials group Brickability made interim chief financial officer Mike Gant's appointment permanent on Friday, with Gant set to join the firm's board immediately.
BBGI Global Infrastructure buys Tower Hamlets social assets
BBGI Global Infrastructure has acquired a 100% interest in a social infrastructure investment consisting of two recreation facilities and 100 affordable residential units across two sites in the London Borough of Tower Hamlets, it announced on Friday.
Hipgnosis raises more than £10m for songs investment
Hipgnosis Songs Fund has raised more than £10m to fund an unidentified investment as it competes to snap up catalogues of songwriting royalties.
Diversified Gas & Oil acquiring assets in Louisiana's Cotton Valley
Diversified Gas & Oil announced the $135m (£96. 95m) conditional acquisition of certain Cotton Valley upstream assets and related facilities, primarily in the US state of Louisiana, from Indigo Minerals on Friday.
China PMIs mixed amid supply bottlenecks, point to slower activity
Readings for the two key Chinese manufacturing sector surveys were mixed in April, but all in all economists said the results chimed with expectations that activity would cool down as global consumption patterns returned to something nearer to normal.
Smurfit Kappa volumes grow as it works to keep lid on costs
Smurfit Kappa reported first quarter corrugated volume growth of around 7% in both Europe and the Americas in its first quarter on Friday.
Hikma predicts generics revenue at top of guidance
Hikma Pharmaceutical said it made a good start to 2021 and that annual revenue from generic treatments would be at the top of guidance.
Rotork reports Q1 in line despite cautious outlook on Covid
Valve and instrumentation maker Rotork said first quarter performance continued to improve in line with expectations despite the impact of the Covid-19 pandemic.
London pre-open: Futures pointing lower on mixed China PMIs
Stock futures are pointing lower at the end of the month with investors taking their cue from mixed readings overnight out of China on the country's manufacturing sector.
Barclays Q1 profits more than double, Smurfit Kappa sees corrugated volumes rise
London open The FTSE 100 is expected to open 13 points lower on Friday, having closed down 0. 03% on Thursday at 6,961. 48.
AstraZeneca predicts faster growth after 'robust' Q1
AstraZeneca said it expected performance to accelerate as the drugs company reported "robust" revenue growth for the first quarter.
Friday newspaper round-up: WPP, NatWest, Amazon, UK economy
WPP is withholding hundreds of thousands of pounds in share awards from Sir Martin Sorrell after alleging that its former boss leaked “confidential information” to the media. In its annual report, the advertising group accused Sorrell of disclosing sensitive information about the company and clients in an apparent breach of his employment contract. WPP has exercised “malus” powers to withhold share-based bonuses that he would have received this year and next.
US close: Stocks firmer after another day of earnings
Wall Street stocks closed in positive territory on Thursday, with market participants snapping up some profits after some better-than-expected big tech earnings overnight.