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Sumo Group trading in line as its continues to expand
Sumo Group updated the market on its trading on Thursday, reporting that the global video games market remained “strong”, and that it was performing in line with its expectations for the year-to-date.
Blue Prism on track for run-rate breakeven within the year
Robotic automation technology company Blue Prism reported a 35% improvement in bookings in its first half on Thursday, to £98m.
CareTech turns in much-improved first-half performance
Specialist social care and education services company CareTech reported a “strong underlying performance” in its interim results on Thursday, with revenue growing 16. 5% to £243m year-on-year.
Wise to go public in London via direct listing
British financial technology firm Wise announced on Thursday it is planning to go public on the London Stock Exchange through the first ever direct listing on the bourse.
Volex profits surge as it invests in growth
Manufacturing services and power products company Volex reported a 13. 3% improvement in revenue in its preliminary results on Thursday, to $443. 3m (£317. 03m).
Seeing Machines technology launches on new GM cars
Computer vision technology company Seeing Machines announced on Thursday that its driver monitoring system (DMS) software was now available across five additional vehicle models from global automotive manufacturers.
Syncona reports positive asset value return in final results
Healthcare investment company Syncona reported year-end net assets of £1. 3bn in its final results on Thursday, up from £1. 25bn in the prior year.
IP Group portfolio business raises $145m in financing round
Intellectual property business IP Group said on Thursday that portfolio company Apollo Therapeutics had completed a $145. 0m financing round.
N Brown trades in line during Q1, product revenues return to growth
Online retailer N Brown said on Thursday that it had traded in line with expectations throughout the first quarter of its 2022 financial year.
Go-Ahead extends emergency recovery measures agreement with DfT
Public transport operator Go-Ahead Group said on Thursday that the Department for Transport has extended Govia Thameslink Railway's emergency recovery measures agreement from its current end date of 20 September until 31 March 2022.
London open: Stocks fall after hawkish Fed comments
London stocks fell in early trade on Thursday after the US Federal Reserve signalled that it could hike interest rates earlier than expected.
Europe open: Shares open lower as Fed turns hawkish on rates
European shares opened lower on Thursday after the US Federal Reserve said it might curb stimulus measures sooner than expected as the pace of the post Covid pandemic recovery stoked inflationary fears.
Rio Tinto taps Peter Cunningham for CFO
Iron ore company Rio Tinto said on Thursday that it had appointed Peter Cunningham to the role of chief financial officer with immediate effect.
Safestore posts double-digit increase to interim revenue and EBITDA
Self-storage provider Safestore said on Thursday that both revenues and underlying earnings had increased by double-digits throughout the first six months of the trading year.
How Group sells entire stake in Mitie
Mitie said on Thursday that How Group has sold its entire stake in the outsourcer.
NCC Group upgrades full-year expectations
Cyber security advisor NCC Group upgraded its full-year expectations on Thursday following better-than-expected trading towards the end of the year.
Trainline Q1 sales soar as train travel starts to recover
Trainline on Thursday reported a 324% increase in first-quarter net ticket sales as train travel started to recover from Covid-19 lockdowns.
Whitbread maintains guidance, Syncona swings back to positive returns
London open The FTSE 100 is expected to open 53 points lower on Thursday, having closed up 0. 17% on Wednesday at 7,184. 95.
London pre-open: Stocks to fall after FOMC comments
London stocks were set for a weaker open on Thursday as investors mull the latest comments from the US Federal Reserve.
Thursday newspaper round-up: Greensill, easyJet, Spire Healthcare
The number of EU citizens searching for work in Britain has fallen by more than a third since Brexit, according to a study that exposes the impact on UK employers as they struggle to recruit staff. Figures from the jobs website Indeed show searches by EU-based jobseekers for work in the UK were down by 36% in May from average levels in 2019. Low-paid jobs in hospitality, the care sector and warehouses recorded the biggest declines at 41%. - Guardian.