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Redcentric downgrades 2019 expectations
IT service management company Redcentric downgraded its expectations for 2019 on Friday, citing the loss of some public sector hosting business, recent sales softness and the upfront costs of the Yorkshire and Humber public sector network programme.
CBI cuts economic growth forecast over Brexit uncertainty, protectionist policies
The Confederation of British Industry has cut its economic growth predictions for the UK for this year and next due to Brexit uncertainty and protectionist rhetoric crimping investment.
EU's Barnier reacts very coolly to UK's backstop proposal
The European Union's chief Brexit negotiator, Michel Barnier, has reacted coolly to the UK's backstop proposal.
Distil profits pour forth on stronger sales and investment
Alcoholic drinks maker Distil totted up good increases in sales volumes and revenues across all trade channels in its past financial year, as investments poured into its brands brought about strong profits growth.
Tern 'understands' Device Authority is in talks with Thales
AIM-listed Tern said on Friday that it understands that Device Authority, the Internet of Things security business in which it has a 56. 8% stake, is in discussions with Thales Group regarding a new product solution.
Standard Chartered compliance chief resigns following probe
Standard Chartered bank's compliance chief Neil Barry is set to leave the firm with immediate effect following an internal investigation into his behaviour.
Patagonia Gold sales hit 10,662 ounces of gold in first quarter
AIM-quoted mining company Patagonia Gold provided investors with a first-quarter update for its Cap Oeste project in Argentina on Friday as efforts to optimise production continued.
Fuller's tops up dividend as growth plans accelerate
Results from London Pride brewer Fuller Smith & Turner reveal that the capital's denizens continued to eating out and drinking out whatever the weather, though growth was not as strong as a year ago.
Longer-term UK inflation expectations rise in May, BoE says
Britons' inflation expectations rose in May, despite the recent slowdown in price pressures, the Bank of England said.
UK Oil & Gas confirms it is considering raising funds
UK Oil & Gas responded to media speculation on Friday, confirming that is it considering raising funds.
Autolus pricing for Nasdaq IPO reveals gains for Syncona, Woodford, Arix
Autolus Therapeutics has confirmed the pricing for its initial public offer on the Nasdaq index of the New York Stock Exchange, providing a monetary boost for shareholders including Syncona, the Woodford Patient Capital fund and Arix Bioscience.
Europe midday: Stocks dip as trade rhetoric heats up ahead of G7 Quebec summit
Stocks on the Continent are trading slightly lower, with traders going into a defensive crouch as the rhetoric between US and European leaders heats up going into the G7 Quebec summit at the weekend.
AorTech raises £0.5m in oversubscribed open offer
Biomaterials and medical device intellectual property company AorTech International released the results of its open offer on Friday, after the offer closed for applications at 1100 BST on Thursday.
Alpha Pyrenees prepares to sell last property and wind-up
Alpha Pyrenees Trust updated the market on its trading for the quarter ended 31 March on Friday, reporting that at period end, it owned one property in France at Saint Cyr L'Ecole, of around 6,340 square metres of commercial real estate.
Hargreaves Services sees FY in line, says trading 'satisfactory'
AIM-listed Hargreaves Services said on Friday that trading has been "satisfactory", with results for the year seen in line with its expectations.
Asia report: Markets lower as tech stocks decline
Most markets in Asia finished lower on Friday, as sentiment took a dive following a decline in technology stocks on Wall Street overnight.
BT: analysts see positives and negatives as Patterson gets push
UBS is positive on BT Group as the telecoms group puts the phone down on boss Gavin Patterson, thinking the news "could be positive for investor sentiment" but doubting whether the board can, as they suggest, make no change to strategy.
High street has worst May for 12 years as sun fails to draw out shoppers
The UK high street recorded a 12-year low in its year-on-year May performance, with warm weather, two bank holidays and the royal wedding failing to bring out shoppers.
Petropavlovsk calls 'fake news' over rebel shareholder's identity
Gold miner Petropavlovsk has raised doubts over the true identity of a shareholder that is trying to oust its board.
Better Capital sells Northern Aerospace to Gardner
Better Capital subsidiary C Bidco has agreed to sell its Northern Aerospace business to Gardner Aerospace Holdings, itself a wholly-owned subsidiary of Shaanxi Ligeance Mineral Resources, for £44m in cash.