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Latest News
16 Jan
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EU chiefs says door is open on reversal of Brexit

Senior EU officials said on Tuesday the door remained open to a British change of mind on Brexit.

16 Jan
BP Gulf of Mexico oil spill, disaster, Deepwater Horizon, energy
BP to take $1.7bn charge on Deepwater Horizon spill

BP said it expected to take a post-tax non-operating charge of around $1. 7bn in the fourth quarter as part of the class action settlement of the disastrous Deepwater Horizon oil well spill in the US in 2010.

16 Jan
brexit mx
Norway concerns over trade deal hit UK Brexit hopes

UK hopes of smooth talks on Brexit were dealt a blow on Tuesday as it emerged that the EU would make tougher demands on the terms of transition and Norway warned it would take a dim view of Britain getting a special trade deal.

16 Jan
cbprovident
Provident Financial struggles with home credit business as FCA resolution eyed

Provident Financial reported "progress" in the final quarter of the year but 20% fewer new customer bookings for its Vanquis Bank arm and said it expects losses from its doorstep lending business to be at the larger end of expectations.

16 Jan
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Spain likely to replace the US as the second most visited country in the world

Spain is expected to replace the US as the world’s second most popular tourist destination after France, according to data from the Madrid-based UN World Tourism Organization.

16 Jan
premier foods
Premier Foods third-quarter sales up 4%, strategic partnerships help

Premier Foods reported a rise in third-quarter sales on Tuesday, although Cadbury cake sales dropped in the UK and sales of Mr Kipling cakes also declined.

16 Jan
carillion hardhats
Premier Technical Services expects minimal impact from Carillion liquidation

Niche specialist services company Premier Technical Services Group (PTSG) anticipated that results for its most recent trading year would be in line with the board's expectations.

16 Jan
europe germany map france uk britain spain
SPD Berlin chapter votes against grand coalition, polls more optimistic

German lawmakers' attempts to forge a grand coalition were a dealt a blow overnight after the Berlin chapter of the country's Socialist party, the SPD, voted against entering another power-sharing with German Chancellor Angela Merkel's centre-right CDU/CSU.

16 Jan
jobs hiring recruitment employment
Interserve wins £37m contract with Spanish airports operator

Support services and construction group Interserve has been awarded a £37m, four-year passenger support contract with Spanish airports operator, AENA.

16 Jan
innovaderma skinny tan
InnovaDerma revenues heat up ahead of tanning season

British beauty and personal care products developer InnovaDerma saw revenue increase 31% over the six months leading to 31 December, as the group continued to make solid progress in securing new retail accounts.

16 Jan
ep botellasalcohol
Distil brews up strong batch of third quarter results

AIM-listed spirits group Distil saw an increased level of sales during its third trading quarter, including the all-important Christmas period.

16 Jan
savills
Savills ups full-year expectations, announces CEO retirement

Real estate service provider Savills said on Tuesday that it enjoyed a stronger-than-expected finish to 2017 and now sees underlying results for the year to the end of December ahead of its previous expectations, as it announced that Jeremy Helsby will retire as chief executive at the end of the year after 39 years with the group.

16 Jan
jd sports lucky ellesse clothing
JD Sports sees FY profit ahead of market expectations after strong second half

JD Sports said on Tuesday that it expects pre-tax profit for the year to 3 February 2018 to be ahead of market expectations following a strong second half.

16 Jan
London Stock Exchange AIM LSE shares
London open: Stocks inch up as investors sift through corporate news; inflation data eyed

London stocks nudged higher in early trade on Tuesday as investors sifted through a raft of corporate news ahead of the release of the latest UK inflation figures.

16 Jan
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Euromoney unit inspected as part of EU paper probe

Business publisher Euromoney on Tuesday confirmed its RISI unit had been hit with a surprise inspection by the European Commission as part of a probe into the cardboard and paper sack industry.

16 Jan
Rio Tinto train in the Pilbara region of Western Australia; mining
Rio Tinto hits iron ore targets after strong final quarter

Anglo-Australian miner Rio Tinto said it managed to hit its iron ore export targets after a solid showing in the final quarter where it shipped a record 90m tonnes, up from 85. 8m tonnes in the previous three months.

16 Jan
noticias
Tuesday newspaper round-up: Carillion fall-out, household debt, Brexit blow

One in four of Britain’s poorest households are falling behind with debt payments or spending more than a quarter of their monthly income on repayments, according to a study. The latest evidence of mounting debt problems for some of the most vulnerable in society is shown in a report by the Institute for Fiscal Studies, on behalf of the Joseph Rowntree Foundation, with the poorest tenth of households more likely to be in net debt, owing more on plastic or on overdrafts and loans than they hold in savings.

16 Jan
spire healthcare hospital
Spire Healthcare confirms 2017 guidance

FTSE 250 hospital group Spire Healthcare confirmed its previous guidance for 2017 on Tuesday.

16 Jan
national express
National Express says US tax reforms will cut tax rate to low from high 20s

National Express expects changes to the US tax system that came into effect at the beginning of this month to reduce its effective tax rate to the low 20s from the high 20s.

16 Jan
handshake
Tate & Lyle promotes Hampton to CEO as Ahmed steps down

Tate & Lyle has promoted current chief financial officer Nick Hampton to the role of chief executive with effect from 1 April 2018.