National Grid profits slip near 20 per cent as chief slams government inaction November 9, 2023 National Grid has called for policy to keep up with the company's push to electrify the country's grid following record spending.
GSK shareholders give Haleon split the green light July 7, 2022 Shareholders in British pharmaceutical giant GlaxoSmithKline (GSK) gave its historic demerger the “expected” seal of approval yesterday, meaning its consumer division will be able to list on the London Stock Exchange as a separate entity later this month. In the most significant corporate change at GSK for the last two decades, the split will see [...]
Ouch: Petrofac predicts $100m loss, causing shares to plummet December 20, 2022 Petrofac's shares slid to a record low on Tuesday after the embattled company forecast an operating loss of $100m in its full-year results.
Debenhams slashes losses as sales jump by over £30m February 12, 2024 Debenhams slashed its losses thanks to a surge in its sales by more than £30m, new accounts have revealed.
Where next for Liontrust? June 26, 2024 Liontrust's annual results this morning were disappointing, as the asset manager reported it had fallen into the red.
Antofagasta posts bullish outlook for 2023 as copper prices soar January 18, 2023 Antofagasta is optimistic about its prospects this year after navigating higher input costs and an ongoing drought in Chile.
Abrdn given a sell rating by Deutche Bank after falling off FTSE 100 September 14, 2022 Deutsche Bank has downgraded abrdn to a to-sell stock, after the British asset manager’s revealed dampened earnings last month. The bank is taking on a “more cautious stance on several fronts”, it said in a note today. Abrdn, which has around £508bn under management, lost its hold rating just days after dropping out of the [...]
Amigo suspends shares as court proceedings begin May 23, 2022 Amigo Holdings has announced a temporary suspension of trading shares today ahead of court proceedings.
The week that was: Cocoa price squeeze as UK equities’ struggles continue March 30, 2024 We recap another busy week in the City which in which we saw cocoa prices sky rocket, Flutter fly away and left Thames Water on the brink.
LXi REIT’s £500m bid for Sainsbury’s stores collapses amid market volatility September 26, 2022 LXi REIT's proposed takeover of 18 Sainsbury's stores has collapsed after the group pulled out of a share issue.