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Revenue and other income rockets in first half for Ceres Power
Ceres Power reported 96% growth in revenue and other income in its first half on Thursday, to £17. 4m, which it put down to strong progress in commercial partnerships.
NWF Group Q1 trading in line with expectations
Animal food manufacturer NWF said on Thursday that first-quarter trading had been consistent with expectations and ahead of the same point twelve months earlier.
Creo Medical losses widen slightly as products progress
Surgical endoscopy technology company Creo Medical reported total first-half sales of £12. 9m on Thursday, up from nil sales year-on-year.
Parsley Box cuts marketing spend amid supply chain issues
Ready meals provider Parsley Box Group said on Thursday that it had reduced its planned marketing investments after supply chain issues hampered stock availability.
Novacyt launches new 'Winterplex' test, lateral flow tests delayed
Clinical diagnostics specialist Novacyt issued a research and development update on Thursday, including the launch of a new CE-marked ‘Winterplex’ polymerase chain reaction (PCR) test to diagnose Covid-19, respiratory syncytial virus (RSV) and types of influenza.
Avacta losses widen as development spend increases
Clinical-stage biopharmaceutical company Avacta Group reported cash and short-term deposits of £37m at the end of its first half on Thursday, down from £54. 5m a year ago and £47. 9m at the start of the period.
IQE to close Singapore site as part of consolidation strategy
Semiconductor wafer and materials supplier IQE has decided to close its Singapore site by mid-2022, it announced on Thursday.
Evergrande unlikely to pose significant risk outside of China, SEI says
The fallout from Chinese real estate group Evergrande's woes may be more limited than some fear, a top wealth manager said.
Boohoo warns on costs as profit drops
Boohoo cut its sales guidance and warned on rising costs as the online fashion retailer reported a 20% drop in first-half profit.
HSS Hire swings to profit in H1, sees FY earnings ahead of views
Shares of HSS Hire surged on Thursday after the tool and equipment hire company said it swung to a profit in the first half and that earnings for the full year are set to be ahead of market expectations.
UK GDP expands more than initially estimated in Q2
The UK economy grew more than initially estimated in the second quarter, according to figures released on Thursday by the Office for National Statistics.
London open: Stocks rise as investors mull GDP data
London stocks rose in early trade on Thursday after data showed the UK economy grew more than initially estimated in the second quarter.
UK car production falls again in August amid global chip shortage
UK car production fell 27% in August, making for the second consecutive month of decline, as the global chip shortage continued to have an effect on the industry.
House price growth eases in September, affordability worsens
Annual house price growth eased in September, according to data from lender Nationwide on Thursday, as affordability became more stretched.
Numis maintains recent 'positive momentum' in Q4
Stockbroker Numis said on Thursday that it had maintained recent "positive momentum" and delivered a "strong performance" in the final quarter of its trading year.
China PMIs yield mixed readings in September
A batch of key surveys for Chinese economic activity in September yielded mixed readings, although economists said that overall they appeared to indicate that further weakness may lie ahead.
Firstgroup's Greyhound subsidiary awarded funding grant from Treasury Department
School buses operator Firstgroup said on Thursday that its Greyhound subsidiary had been awarded an initial funding grant of $84. 6m from the US Department of the Treasury.
Tritax Big Box raises £300m to accelerate development plan
Tritax Big Box REIT has raised around £300m in a placing, subscription and retail offer as it looks to accelerate its development plan.
3i Infra says portfolio meets or exceeds expectations in first half
3i Infrastructure said most portfolio companies had met or exceeded income expectations in six months to September 29.
CLS secures two significant leases, Diageo makes strong start to year
London open The FTSE 100 is expected to open 20 points higher on Thursday, having closed up 1. 14% on Wednesday at 7,108. 16.