Keep an eye on these shares during General Election November 8, 2019 The UK is holding a general election on 12 December. All the political parties are keen to return discussion to domestic policies after years of neglect because of Brexit, but the UK’s proposed departure from the EU will continue to dominate the debate. Still, whichever party wins (or parties, if it results in a hung parliament) [...]
Transport for London (TfL) faces near £1bn operational deficit as revenue raising efforts run into trouble February 12, 2018 Transport for London (TfL) faces a near £1bn operational deficit next year, as it looks to secure new revenue raising options amid a surprise dip in passenger numbers and the loss of government funding. The organisation said in its most recent business plan that it expects a £784m deficit this year, which will then hit [...]
Sirius shares climb after $250m deal plugs funding gap on Yorkshire mine project September 14, 2018 Sirius Minerals has struck a $250m (£190m) deal to plug a funding gap after its Yorkshire mine project costs rose. The company's shares tumbled more than 18 per cent earlier this month when the miner said it may need an extra $600m to construct its mine under the North York Moors. It said the initial $3bn [...]
Sirius shares climb after $250m deal plugs funding gap on Yorkshire mine project September 14, 2018 Sirius Minerals has struck a $250m (£190m) deal to plug a funding gap after its Yorkshire mine project costs rose. The company's shares tumbled more than 18 per cent earlier this month when the miner said it may need an extra $600m to construct its mine under the North York Moors. It said the initial $3bn [...]
Premier Oil’s Tolmount development in the North Sea sanctioned by business partners August 20, 2018 Premier Oil is going ahead with the development of its Tolmount Main gas field in the North Sea, the FTSE 250 firm announced today. The project now moves into its execution phase with construction works set to begin later this year with gas expected to be reached by the fourth quarter 2020. The site is located [...]
EDF warned by nuclear watchdog over weldings at flagship plant October 3, 2018 EDF's flagship nuclear plant may need more repairs to its faulty weldings than originally planned, the French regulator ASN has warned. The nuclear watchdog said EDF would have to review materials at its Flamanville plant in Normandy. The state-backed energy company was forced to delay the start-up date for its Flamanville 3 reactor to the [...]
Paintball, Power Point and trust exercises: How to survive your next team away day February 11, 2019 In 1305, having executed William Wallace in London, Edward Longshanks had to plan how he would run Scotland from afar. Rather than do this from the capital, he took his court to Sheen Palace in Surrey to receive the Scottish commissioners, thus in effect instituting the first strategy away day. And it’s that time of [...]
Words, psychology, and marketing – why Verbalisation founder Sven Hughes wants to know how you talk June 3, 2019 I’ve never been psychoanalysed before. But upon entering the conference room with Sven Hughes, founder of strategic communications consultancy Verbalisation, he presents me with a handful of my recent articles, points out how all the introductions share similar traits, and explains what this supposedly says about me. For instance, early in each intro, I use [...]
Transocean buys rival Ocean Rig in $2.7bn deal as oil prices continue to rise September 4, 2018 Drilling rig contractor Transocean has agreed to acquire deepwater rival Ocean Rig in a deal worth $2.7bn (£2.10bn). The cash and stock deal, which includes Ocean Rig's debt, will result in a combined fleet of 57 floaters, with 31 of the top 100 ultra-deepwater drill ships in the industry. The deal comes as oil prices [...]
Kier Group sells non-core assets in cost-saving mission July 10, 2018 Leading construction and property company Kier Group said this morning it plans to sell its non-core assets as part of a wider cost-savings programme. The firm, which also announced profits and earnings performed in-line with expectations, will be hoping the plan, which was launched last month, will improve productivity, operating margins and cash generation. The [...]