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Company News
04 Mar
coins currency investment insurance business finance company
International PPL renews debt facility for another three years

Infrastructure investment company International Public Partnerships has renewed its corporate debt facility for a further three years to March 2024, it announced on Thursday, to support its future investment pipeline.

04 Mar
Vistry sees 2021 profits soaring as govt extends relief measures

Housebuilder Vistry said it expected 2021 profits to more than double as the economy emerged from the Covid-19 pandemic boosted further by the extension of relief measures announced in the UK Budget on Wednesday.

03 Mar
schroders building
Thursday preview: Fed's Powell, Schroders in the spotlight

The focus in financial markets on Thursday will be on any policy-relevant remarks out of US Federal Reserve chief, Jerome Powell, at an event hosted by the Wall Street Journal, starting from 1700 GMT.

03 Mar
uk chancellor rishi sunak
Sunak targets business to recover billions spent on Covid measures

UK Finance Minister Rishi Sunak on Wednesday unveiled tax rises for businesses and employees as he sought to claw back some of the billions spent on mitigating the impact of the Covid-19 pandemic.

03 Mar
London Stock Exchange, markets, traders, trading, City, shares
Director dealings: Vitec chairman makes share purchase

Vitec revealed on Wednesday that chairman Ian McHoul had acquired 5,000 ordinary shares in the London-listed camera supports manufacturer.

03 Mar
marstons beer
Wetherspoon rises but Sunak disappoints on pub support

Shares of JD Wetherspoon and Mitchells & Butlers rose after Chancellor Rishi Sunak provided limited support for the UK's pubs in his budget.

03 Mar
Sainsburys store, retail, supermarkets, Sainsbury's
Sainsbury's to forgo business rates relief

Sainsbury’s said on Wednesday that it will forgo business rates relief on all of its stores again this year, after chancellor Rishi Sunak announced in his budget an extension until the end of June for all retail, hospitality and leisure businesses in England.

03 Mar
Coal mine, mining
Edenville Energy still working on handover in Tanzania

Edenville Energy updated the market on its operations at the Rukwa Coal Project in southwest Tanzania on Wednesday, reporting that it was continuing to work with its strategic partner Infrastructure and Logistics Tanzania (ILTL) on the proposed handover of operations at Rukwa.

03 Mar
oilfield
Nostra Terra reports doubling of acreage at Cypress farmout

Oil and gas exploration and production company Nostra Terra updated the market on operations at its Pine Mills asset in East Texas on Wednesday, reporting that the Cypress farmout acreage had doubled in size.

03 Mar
BT Tower, telecoms
BT rallies on super deduction news

BT Group shares surged on Wednesday after chancellor Rishi Sunak announced in his budget a new investment tax super deduction policy.

03 Mar
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Smart Metering Systems secures new domestic contract wins

Smart Metering Systems said on Wednesday that had secured new domestic smart meter contract wins with two of the "fastest-growing independent energy suppliers".

03 Mar
libra, esterlina, divisa, moneda, reino unido pound currency
Maestrano raises £2m for staff and capacity expansion

Transport-focussed artificial intelligence (AI) company Maestrano Group announced a proposed placing via an accelerated bookbuild on Wednesday, to raise a total of £2m before expenses.

03 Mar
ep laboratorio de sanofi
Allergy Therapeutics reports record pre-R&D operating profit

Commercial biotechnology company Allergy Therapeutics reported a 7% improvement in its revenue in actual terms in its interim results on Wednesday, and 5% growth at constant rate, to £54. 0m.

03 Mar
ep archivo - recurso de electricidad postes electricos
Inspired Energy acquires Businesswise Solutions and GEM

Energy procurement, cost optimisation and legislative compliance service provider Inspired Energy has completed the acquisitions of BWS Holdco and its trading subsidiary Businesswise Solutions, and General Energy Management, it announced on Wednesday.

03 Mar
cbplata sh1
Wishbone Gold to acquire Cottesloe Project in Patersons Range

Precious metals exploration and trading company Wishbone Gold has signed an exclusive deal to acquire full ownership of the 92. 19 square kilometre Cottesloe Project in the Patersons Range region of Western Australia, it announced on Wednesday.

03 Mar
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Cambria Automobiles keeps guidance suspended amid 'significant uncertainty'

Motor retail group Cambria Automobiles said on Wednesday that it would continue to withhold guidance as its trading environment continued to experience "significant uncertainty" as a result of Covid-19 and the various lockdown and tier strategies imposed by Downing Street.

03 Mar
oilfield
Mosman shares down on fall in pressure at Falcon-1

Oil exploration, development and production company Mosman Oil and Gas announced on Wednesday that the operator of the Falcon-1 well in East Texas had reported a recent increase in water production, alongside a fall in pressure at the well.

03 Mar
Smiths News to meet full-year market expectations

Smiths News said on Wednesday that it continues to expect full-year results to be in line with market expectations following a "robust" operational and financial performance in the 26 weeks to 27 February.

03 Mar
Europe open: Shares maintain rally as investors eye UK budget measures

European shares continued their rally on Wednesday as London’s FTSE outperformed on hopes of stimulus measures to be unveiled in a new budget.

03 Mar
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Growing confidence helps bolster UK services sector

The slowdown in the UK services sector eased last month, a closely-watched industry survey showed on Wednesday, as optimism continued to build on the back of the vaccine rollout programme.