News And Announcements
One-third of UK's top companies emit enough CO2 to boost global warming by 2.7C
Thirty-one of the FTSE 100's constituents carbon dioxide emissions are incompatible with the goal of limiting the rise in global temperatures to 2. 7C by 2050, reported the Guardian on Monday.
Red Rock Resources makes progress with Australian joint venture
Natural resources development company Red Rock Resources updated the market on its Red Rock Australasia (RRAL) joint venture on Monday, which has gold exploration interests near the historic mining centre of Ballarat in the gold fields of Victoria.
Sensyne Health gets UK approval for 'SYNE-COV' algorithm
Clinical artificial intelligence (AI) company Sensyne Health announced on Monday that its ‘SYNE-COV’ machine learning algorithm for Covid-19 risk prediction has achieved regulatory approval for use in the UK.
4D Pharma taps John Beck as its new finance chief
Biotherapeutic pharmaceutical company 4D Pharma announced the appointment of John Beck as its chief financial officer and member of its management team on Monday.
CoStar sweetens bid for real estate data provider CoreLogic
CoStar Group sweetened its offer for real estate data provider CoreLogic on Monday by $450m, as it looks to compete with private equity firms Stone Point Capital and Insight Partners.
Housebuilders rally on reports of mortgage guarantee scheme
Shares of London-listed housebuilders rallied on Monday on news of a new mortgage guarantee scheme that would see a return of 95% of mortgages.
Women in top finance roles earn two-thirds less than male counterparts
Female directors at Britain's financial services firms were paid 66% less than males, with many in non-executive roles, revealed a report by Fox & Partners on Monday.
MyHealthChecked downplays speculation over 'significant' new contract
AIM-listed personalised healthcare company MyHealthChecked noted the jump in its share price on Monday as it downplayed weekend speculation that a significant potential contract is in the pipeline.
GlobalData earnings rise as Covid crisis leads to flat revenue growth
GlobalData reported broadly flat revenue growth in its final results on Monday, at £178. 4m, as its subscription revenue rose 7%, offset by a decline in event revenue due to the Covid-19 pandemic.
Urban Logistics acquires Droitwich asset for £5.4m.
Specialist UK logistics investor Urban Logistics announced the acquisition of an asset in Droitwich Spa, Worcestershire, for £5. 4m on Monday.
FRP Advisory acquires boutique firm Spectrum Corporate Finance
Professional services provider FRP Advisory Group announced the acquisition of boutique corporate finance and debt advisory company Spectrum Corporate Finance on Monday, for initial consideration of £9. 4m.
Revenue and earnings rise in first half at Craneware
US-focussed healthcare software company Craneware reported a 6% improvement in its revenue for the first half on Monday, to $38m (£27. 21m).
Monthly mortgage borrowing strong at £5.2bn - BoE
UK mortgage borrowing remained strong at £5. 2bn in January and households continued to pay off debt amid economic uncertainty, Bank of England figures showed.
Reviews website Trustpilot plans London IPO
Online consumer review website Trustpilot on Monday said it was mulling an initial public offering (IPO) in London.
Speedy Hire full-year profit to beat market expectations
Speedy Hire said on Monday that pre-tax profit for the year to the end of March 2021 is set to be "well ahead" of current market expectations following better-than-expected trading since last September.
Restaurant Group unveils £500m debt plan and strong trading
The Restaurant Group unveiled £500m of new debt facilities and said delivery and takeaway trading at Wagamama and other chains was strong.
NextEnergy Solar buys UK portfolio to power brewer AB InBev
NextEnergy Solar Fund announced the acquisition of the UK-based Camden solar photovoltaic portfolio on Monday, comprising two projects totalling 100MWp, for a total consideration of £64. 3m.
AstraZeneca sells stake in Moderna for $1.2bn
AstraZeneca has cashed in on its bet on Moderna, it was revealed on Monday, as the latter’s share price rocketed on the success of its Covid-19 vaccine.
Experian could face £34bn damages for data misuse - report
Experian could be landed with a £34bn damages bill if a legal claim against the company is successful, the Mail on Sunday reported.
Energean announces $2.5bn note offer to pay down, replace debt
Energean announced its intention to offer $2. 5bn in senior secured notes on Monday, to repay debt, replace existing available credit, and to fund certain reserve accounts.