Latest News
Just Eat shares drop as Q1 orders disappoint
Shares in Just Eat dropped sharply on Wednesday after the food delivery marketplace delivered underwhelming order numbers for the first quarter, though revenue growth picked up sharply in the UK and Ireland.
UK house price decline eases, but rents grow at record rate
The annual fall in UK house prices eased to just 0. 2% in February, its lowest rate of decline in eight months, according to figures released on Wednesday by the Office for National Statistics, while rent inflation reached a record high.
Asia report: Markets finish mixed after earlier sell-off
Markets across the Asia-Pacific region closed in a varied state on Wednesday, in the wake of Tuesday's widespread decline.
Eckoh expanding availability of voice cloud platform
Eckoh announced on Wednesday that it has augmented its global secure voice cloud platform, enhancing its availability and geographic coverage.
Liontrust sees annual outflows top £6bn
Liontrust Asset Management reported annual outflows of more than £6bn on Wednesday, but struck an upbeat tone for the coming year.
Tekcapital's Innovative Eyewear inks deal with US firm
Intellectual property investor Tekcapital announced a fresh development from its portfolio company Innovative Eyewear on Wednesday, as the latter launched a strategic partnership with Windsor Eyes, a prominent eyewear manufacturing and distribution firm.
Eurozone inflation slowed to 2.4% in March, final estimates confirm
The March slowdown in eurozone inflation was confirmed on Wednesday, with consumer price growth matching the 28-month low set last November.
Canaccord Genuity raises target price on AO World
Analysts at Canaccord Genuity raised their target price on electrical retailer AO World from 52. 0p to 75. 0p on Wednesday after the group's trading update last week led the broker to adjust its FY24-26 estimates.
Synectics wins £800,000 contract with 'major UK utility provider'
Security and surveillance systems business Synectics has been awarded an £800,000 contract with a new customer to deliver a multi-site deployment of its proprietary software platform, Synergy.
Urban Logistics upbeat as rents strengthen
Urban Logistics REIT struck a confident tone on Wednesday, after rents rose by nearly a quarter in the last three months of the year.
Safestay secures first management contract
Hostel operator Safestay has inked its first management contract to run the resort-based 120-bed Calpe Seafront Hostel on Spain's Costa Blanca.
London open: Stocks rebound from four-week low
UK stocks edged higher on Wednesday morning as markets rebounded after the previous day's sell-off, with investors digesting domestic inflation data and hawkish comments from the head of the Federal Reserve.
Surface Transforms expecting decent sales growth
Carbon fibre-reinforced ceramic disc brake materials manufacturer Surface Transforms provided detailed sales guidance for 2024 on Wednesday, in response to shareholder demand for a ‘worst case’ forecast.
Europe open: Shares stage mini-rally after Tuesday sell-off
European shares staged a small rally at the open on Wednesday after a major sell-off a day earlier as investors digested inflation news and awaited Israel’s response to a missile attack by Iran on Saturday night.
Equals Group extends deadline as it courts two takeover offers
Financial services provider Equals Group updated the market on its strategic review process on Wednesday, including an extension of the ‘put up or shut up’ (PUSU) deadline.
Workspace Group reports resilient fourth quarter
Office space provider Workspace Group reported resilient customer demand in an update on Wednesday, having completed 343 new lettings in its fourth quarter and boasting a total annual rental value of £8. 7m.
UK inflation at lowest since September 2021, but falls less than expected
UK inflation fell to its lowest in three and a half years last month, but eased less than expected, which is likely to prompt caution from the Bank of England to get price pressures in check before cutting interest rates.
Katoro Gold reports progress on multiple fronts
Katoro Gold said in an update on Wednesday that at the Haneti Project, it had conducted a series of technical meetings and reviews and was preparing to advance to the next stage of exploration.
Investment performance underpins quarterly growth for Brooks Macdonald
Brooks Macdonald updated the market on its funds under management on Wednesday, reported a closing figure of £17. 9bn at the end of March, marking a 2% increase from 31 December.
Hunting reports rise in earnings, flags some cash challenges
Oil services provider Hunting said in a trading update on Wednesday that it had surpassed expectations for first-quarter EBITDA, which rose to $28. 9m from $22. 4m a year earlier, although it was facing challenges in managing its cash position.