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Budget 2018: UK's Hammond plans to raise offshore gambling tax - report

UK finance minister Philip Hammond is set to increase tax paid by offshore gambling companies in his Budget later this month, the Financial Times reported citing government aides.

UK business unaware of cartel laws, CMA survey finds

More than 40% of business were unaware that it was illegal to fix prices, according to a survey conducted for the UK's competition regulator.

Eurofighter Typhoon, BAE Systems, defence, aerospace, aircraft
QinetiQ buys training group Inzpire for £23.5m

Defence company QinetiQ said it had agreed buy 85% of Inzpire Group, with an agreement to acquire the rest after two years, for a total of £23. 5m.

20 Oct
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Faceless Pro-Brexit campaign targeting MPs via Facebook, says committee

An anonymous campaign to oppose Prime Minister Theresa May's Chequers Brexit deal has been operating on Facebook for 10 months, a parliamentary committee said on Saturday.

19 Oct
intu platinum mall 15 opt
Intu confirms £2.8bn offer from Peel-led consortium

Shopping centre owner Intu on Friday confirmed it had received an approach from a consortium led by one of its senior directors to buy the company at 210p a share, valuing it at £2. 8bn.

19 Oct
Equiniti in collaboration with Society of Forensic Sciences

Fintech group Equiniti said it was working with The Chartered Society of Forensic Sciences (CSFS) to develop a new quality management system to support sole traders, small businesses and forensic units.

19 Oct
Halma buys Belgium's Limotec for €9.3m

Safety, health and environmental technology group Halma on Friday said it had bought Belgian fire systems company Limotec for €9. 3m (£8. 2m) on a cash and debt free basis.

18 Oct
UK regulators publish plan to protect pension savers

UK regulators on Thursday unveiled a joint plan to get better value for money on pension investments.

18 Oct
rentokil rat pest
Rentokil Q3 revenue rises as CMA raises worries over Cannon purchase

Third quarter ongoing revenue at pest control group Rentokil increased by 11. 8% to £637. 4m at constant exchange rates, as the UK competition regulator flagged concerns about its purchase of Cannon Hygiene.

18 Oct
Internet security, computers, laptops
Avast Q3 revenues up, sees FY in line with expectations

Cybersecurity company Avast said third-quarter adjusted revenue rose by 8. 6% to $206. 3m, adding it remained confident full year results would be in line with expectations.

18 Oct
games workshop warhammer
Games Workshop says sales up, but aware of 'uncertainties' ahead

Tabletop gaming chain Games Workshop Group said trading to October 7 had “continued well”, but added that it was aware of "uncertainties" in future trading periods.

17 Oct
Speirs & Jeffrey deal gives Rathbone a boost

Wealth manager Rathbone Brothers said third quarter funds under management rose 18. 5% to £47. 3bn, boosted by the acquisition of Speirs & Jeffrey as net operating income increased by 14%.

17 Oct
balfour beatty
Balfour Beatty in £2.1bn Scape framework win

Infrastructrure group Balfour Beatty said it had been appointed as the sole contractor to Scape Group's two new civil engineering frameworks, valued at a combined total of up to £2. 1bn revenue.

17 Oct
Iron ore, mining, BHP Billiton
China demand boosts BHP iron ore production; cuts copper guidance

BHP on Wednesday said strong Chinese demand helped to boost first-quarter iron ore production, but cut 2019 copper output forecasts by 3%, due to outages at mines in Chile and Australia.

16 Oct
ep parque eolicoiberdrola 20180206150902
Scottish Power goes 100% wind power after £700m Drax deal

Scottish Power on Tuesday sold the last of its fossil fuel operations to Drax for for £702m (€801m) as it became the first UK firm to generate 100% of its electricity from wind power.

16 Oct
Embraer Phenom 100 jet, aircraft, aerospace, air travel, Meggitt, Brazil
Meggitt upgrades organic revenue growth forecasts

UK aerospace engineering company Meggitt increased its forecast for 2018 organic revenue growth to 7% - 8% from earlier guidance of 4% - 6% as demand across its divisions strengthened.

16 Oct
copper cobre anglo metals
BHP doubles stake in Ecuador copper miner SolGold

BHP on Tuesday said it had spent £45. 6m to lift its stake in SolGold, which owns the Cascabel copper-gold project in Ecuador.

15 Oct
car crash accident insurance motor
UK car insurance premiums up for first time in a year - survey

British comprehensive motor insurance premiums rose by 1% in the third quarter, the first increase for year, according to a survey published on Monday by price comparison website Confused. com.

15 Oct
mining miners diggers polymetal
Polymetal lifts stake in Veduga gold deposit to 74%

Polymetal International said it was lifting its stake in the Veduga gold deposit in Russia to 74. 3% by taking a 31. 7% interest in the property's licence holder Amikan, for $19. 7m in Polymetal shares.

15 Oct
Caledonia takes 99% stake in Deep Sea Electronics

Caledonia Investments On Monday spent £117. 2m for a 98. 9% stake in Deep Sea Electronics in a transaction that values the business at £162. 0m.