Latest News
UK seeks limited visa-free travel for citizens in Brexit White Paper
EU and British citizens should be allowed to travel without a visa for temporary work and holidays under plans unveiled in the UK government's long awaited Brexit White Paper.
US CPI rise in-line with expectations, economists see June as peak
Consumer price inflation in the US edged higher last month on the back of dearer cars and trucks and medical care services, although economists believed that for the moment price pressures might have peaked.
Gamma Communications pleased with first-half performance
Technology and communications services provider Gamma Communications updated the market on its trading for the six months ended 30 June on Thursday, reporting that it had continued to perform well through the first half.
Market buzz: Pound rises on Brexit white paper despite staunch opposition
1352: UK manufacturers’ trade body, the EEF, likes the look of the white paper, so does the Institute of Directors, mostly, calling for more clarity on VAT and a business dispute resolution mechanism to be proposed.
Battle for Sky hots up as Comcast lifts offer; government clears Fox takeover
The battle for Sky stepped up a notch after US media giant Comcast raised its bid for the London-listed broadcaster, while the UK government cleared a takeover by Fox.
DFS warns on profits, blames hot weather
DFS Furniture issued a profit warning on Thursday, blaming the recent hot weather for a drop in orders.
Bellzone raises £1m to complete Ferronickel study
Bellzone Mining has successfully raised £1m through the issue of 167m new ordinary shares at a price of 0. 6p per share, a discount of approximately 33% to the closing price of its shares on 11 July 2018.
Braveheart won't participate in £4m Paraytec fundraising
Fund management and strategic investor group Braveheart Investment Group noted on Thursday that Paraytec has engaged an adviser to raise £4m of equity fundraising, in order to fund the further development, regulatory approval and commercialisation of its urine test for the detection and monitoring of bladder cancer.
Pantheon sees some valuation gains at year-end
Pantheon International updated the market on its performance in May on Thursday, reporting an unaudited net asset value per share at the end of the month of 2,414. 8p - a 5% increase over the end of April.
US initial jobless claims drop more than forecast
The number of Americans filing for unemployment benefits fell more than expected last week, according to data released by the Labor Department on Thursday.
Norwegian Air shares take off following surprise profit announcement
Shares in low-cost carrier Norwegian Air took off after the Scandinavian carrier revealed that it had swung to a profit in its last trading year.
Primary Health Properties funds suburban Dublin healthcare centre
Healthcare facilities investor Primary Health Properties has contracted to fund and acquire a significant purpose-built primary care centre in the Republic of Ireland.
ESCO Corporation folds into Weir Group
Weir Group has completed the acquisition of ESCO Corporation, it announced on Thursday morning, effective as of the announcement.
GCP Infrastructure announces assignment of leases on 24 supported living units
GCP Infrastructure Investments updated the market on the loan note to Supported Living Infrastructure, secured against a portfolio of 24 residential properties, which it had said it was exposed to at the end of March.
Windar Photonics raises £2.2m ahead of increased capital requirements
Generating turbine LiDAR wind sensor technology company Windar Photonics has raised £2. 23m before expenses, it announced on Thursday, by way of a subscription for 2. 7 million ordinary shares at 82. 5p.
Hargreaves Services successfully courts Henry Boot's David Anderson
Industrial and property sector services group Hargreaves Services announced the appointment of David Anderson as group property director on Thursday.
Asia report: Most markets higher as investors look past tariff threats
Most markets in Asia finished Thursday’s session higher, as investors shrugged off ongoing trade concerns between the US and China to instead focus on what was shaping up to be a solid earnings season.
Thursday newspaper round-up: Brexit, poll, aerospace, banks
Plans for a tight new relationship with the European Union in financial services after Brexit will not be included in the government’s long-awaited white paper to be published today. Instead the new approach to the City’s relationship with Brussels, which will mean less access to the European market for UK-based financial service groups, has been described as “cohabiting but without the same commitment as marriage”. - The Times.
Renewi trades in line, Dunelm margins remain squeezed
London open The FTSE 100 is expected to open 24 points higher on Thursday, having closed down 1. 3% at 7,591. 96 on Wednesday.
Gfinity appoints former Rangers FC CEO to new board role
eSports solutions provider Gfinity on Thursday appointed experienced sports and media executive Graham Wallace to its board and to the newly created role of global chief operating officer.