Latest News
windfarm renewable solar energy power green contourglobal
SSE posts 41% drop in interim profit; to create new renewable energy business

Energy group SSE posted a drop in interim profit on Wednesday as it announced the creation of a renewable energy business.

supermarket checkout tills inflation prices retail lidl
UK inflation stays flat as food prices tumble

UK inflation remained unchanged last month, the Office for National Statistics revealed on Wednesday, having been expected to rise slightly.

Speedy Hire, plant hire, construction, building equipment
Speedy Hire profits rise as SME customers grow

Tools, equipment and plant hire services company Speedy Hire posted a surge in first-half profit on Wednesday amid strong growth in its SME customer numbers and revenues.

aleman, germany, alemania
German economy contracts for first time since Q1 2015

The German economy shrank in the third quarter amid weaker exports, marking its first contraction since the first quarter of 2015, according to data released by Destatis.

Kew Bridge Court Grainger APG GRIP
Grainger sees strong growth as demand for housing continues to climb

Residential property business Grainger reported a set of “strong” full-year results on Wednesday, with its adjusted earnings rising 26% to £94. 0m.

cash money sterling pound
Grainger to buy out GRIP portfolio via massive rights issue

Private rented sector landlord Grainger has conditionally agreed to acquire the entire share capital and shareholder loans in GRIP REIT from its joint venture partner APG, it announced on Wednesday, for £396m.

british land broadgate
British Land holds up as retail falls but London offices firm

A decline in retail property values hit British Land in the first half of the year, but the offices and shopping centre developer reported flat earnings as it grew rents and bought back shares.

micro focus
Micro Focus rallies on Goldman upgrade

Micro Focus got a boost on Wednesday as Goldman Sachs upped the stock to 'buy' from 'neutral' and lifted the price target to 1,700p from 1,300p as it said the risk/reward is now skewed to the upside.

offices services jobs workspace nutmeg
Workspace interims lower as property market slows

The slowing property market hit interim profits at office developer Workspace, which fell 18% to £101. 6m.

pound sterling gbp money inflation spending
Dods profits drops after board restructuring offsets revenue bump

Events and publishing outfit Dods Group saw profits tumble in the first half of its trading year, as costs associated with its massive restructuring programme offset a slight increase in revenues.

Flybe Embraer E175 aircraft, transport, air travel
Flybe puts itself up for sale as H1 profits slump

Budget airline Flybe said on Wednesday that it's putting itself up for sale as it posted a slump in first-half profits.

Theresa May
London open: Stocks drop as May faces cabinet showdown over Brexit deal

London stocks fell in early trade, with sterling little changed after Theresa May agreed the text of a draft withdrawal agreement with the EU.

prudential pru
Prudential profits accelerate in Asia, US recovers

Prudential's profit growth accelerated in the third quarter of the year as sales recovered in the US and improved in Asia, while the M&G Prudential arm made "good progress" in preparations for its demerger.

intu platinum mall 15 opt
Intu bid consortium given another week as talks make progress

Shopping centre owner Intu said it had given a bid consortium another week to make a formal offer after making “good progress” on securing a £2. 9bn deal.

helicopter police cobham
Cobham backs FY expectations as it makes progress on turnaround

FTSE 250 aerospace and defence group Cobham said on Wednesday that it performed as expected in the first 10 months of the year, as it backed its overall expectations for 2018.

Wednesday newspaper round-up: Brexit meeting, advertising, lending, Sainsbury's

Theresa May summoned her cabinet to an emergency meeting on Wednesday afternoon to sign off her long awaited final Brexit deal, prompting hard-Brexit Tories to call for senior ministers to stand up and block it. The critical meeting is the culmination of months of negotiations and will see May’s senior ministers consider whether they can personally endorse the agreement that the prime minister has been able to reach. - Guardian.

smiths group medical us jobs
Smiths to offload medical unit; Q1 revenues down 1%

Global technology company Smiths Group on Wednesday said it was separating its struggling medical division from the rest of the business to concentrate on its industrial technology operations.

Smiths Group to spin out medical division, Prudential sees accelerated profit growth

London open The FTSE 100 is expected to open 27 points lower on Wednesday, having closed up 0. 01% at 7,053. 76 on Tuesday.

theresa may portada
London pre-open: Stocks to drop as May faces cabinet showdown over Brexit deal

London stocks were set to fall at the open on Wednesday following a downbeat session on Wall Street, with Brexit firmly in focus after Theresa May agreed the text of a draft withdrawal agreement with the EU.

13 Nov
New York Stock Exchange, NYSE, markets, Wall Street
US close: Stocks close lower as tumbling oil prices reverse afternoon rally

US stocks closed mostly lower on Tuesday as a late push was offset by plummeting oil prices cratered, dragging the energy sector sharply lower.