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News And Announcements
05 Mar
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Parsley Box plans float to target over-60s with ready meals

Parsley Box said it would float on the stock exchange to expand its business selling ready meals to people aged 60 or over.

05 Mar
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Vectura delays results because of KPMG staff shortage

Vectura delayed the publication of its annual results after KPMG asked for more time to audit the accounts because of a staff shortage caused by Covid-19.

05 Mar
Origin Enterprises buys Green-tech for undisclosed sum

AIM-listed Origin Enterprises said on Friday that it has bought Green-tech, a manufacturer and distributor of landscaping, forestry and grounds maintenance equipment, for an undisclosed sum.

05 Mar
Rathbone Brothers chairman Mark Nicholls steps down

Investment manager Rathbone Brothers said on Friday that non-executive chairman Mark Nicholls has decided to retire with immediate effect due to "unforeseen personal circumstances".

05 Mar
Frasers Group to review estate after 'worthless' rates relief Budget package

Mike Ashley’s Frasers Group said it may have to close unviable stores after what it called a "near worthless” package of business rates relief in the Budget.

05 Mar
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Lloyds Bank to become private landlord - report

Lloyds Banking Group is planning to become a large private landlord as it seeks new sources of revenue with interest rates at record lows, the Financial Times reported.

05 Mar
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Senior sells build-to-print manufacturing business for $74m

Senior said on Friday that it has sold its standalone, build-to-print helicopter structures operating business, Senior Aerospace Connecticut, to PCX Aerosystems for $74m (£53m).

05 Mar
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GCP Student cuts dividend as asset values drop

GCP Student Living reported a drop in asset values and a sharply reduced dividend after Covid-19 cut occupancy at its sites.

05 Mar
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LSE Group posts higher full-year profits and sales

The London Stock Exchange Group posted higher full-year profit and sales driven by a stronger-than-expected showing in both its Post Trade units and Information units despite the "unparalleled" environment.

05 Mar
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ConvaTec says pandemic created both challenges and opportunities in 2020

ConvaTec posted a rise in full-year revenue but a dip in earnings after the pandemic created "both challenges and opportunities" for the medical products and technology company in 2020.

05 Mar
unite group students
Unite Group extends rent discount again

Student accommodation provider Unite Group announced on Friday that it was extending its 50% rent discount by an additional three weeks as it said that its discount and tenancy extension will impact rental income less than expected.

05 Mar
Spirent buys US-based octoScope for $55m

Technology company Spirent Communications said it had bought US peer octoScope for $55m in cash.

05 Mar
essentra manufacturing industry
Essentra restarts dividend on upbeat outlook

Essentra restarted its dividend as the components and packaging company posted an upbeat outlook after a steep decline in annual profit.

05 Mar
Aggreko agrees £2.3bn sale to private equity groups

Aggreko has agreed to be bought by two private equity firms in a cash deal valuing the FTSE 250 company at £2. 3bn.

04 Mar
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David Crosby sells music catalogue to Iconic Artists Group

David Crosby has become the latest major artist to sell his music and catalogue, as he blamed the inability to perform live during the Covid-19 pandemic.

04 Mar
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Barratt Developments CFO Jessica White to step down

Barratt Developments said on Thursday that Jessica White will step down as chief financial officer on 30 June for personal reasons and leave the housebuilder at the end of July.

04 Mar
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Tracsis awarded new contracts with large American transit agency

Transport-focussed software, hardware and data analytics company Tracsis has been awarded new contracts for the supply of remote conditioning monitoring (RCM) hardware and software to an unnamed North American transit agency, it announced on Thursday.

04 Mar
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Morses Club performs 'resiliently' in 2020

Non-standard financial services provider Morses Club said on Thursday that it performed “resiliently and profitably” in the year ended 27 February, accelerating its digital strategy in response to the Covid-19 pandemic.

04 Mar
acacia mining
Deutsche cuts Weir to 'hold' after results disappoint

Deutsche Bank downgraded Weir Group to 'hold' after disappointing orders and no dividend announced at its recent results.

04 Mar
Deliveroo opts for London IPO after listing rules review

Deliveroo has chosen London for its initial public offering after a review of listing rules recommended allowing founders to retain greater control after a company has floated.