Latest News
Augmentum puts £2.5m into rent-to-own startup Unmortgage
Fintech venture capital investor Augmentum Fintech announced an investment of £2. 5m in UK-based residential rent-to-own specialist Unmortgage on Monday, as part of a £10m fundraising.
Workspace redeems 6pc bonds ahead of 2019 maturity date
Workspace Group confirmed the redemption of its £57. 5m 6% fixed rate bonds on Monday, ahead of their maturity in 2019.
Urban Logistics gives more details on portfolio acquisition from LondonMetric
Urban Logistics completed the second of two portfolio acquisitions totalling £36m from LondonMetric on Friday, it confirmed on Monday morning.
Orosur Mining signs exploration deal with US giant Newmont
Orosur Mining wrapped up its non-brokered private placement of $2m with Newmont Mining on Monday, the same day it inked an exploration agreement with the American gold giant's wholly-owned subsidiary for the Anzá exploration project in Colombia.
OptiBiotix inks licence agreement with Taiwanese probiotics outfit
OptiBiotix Health has inked a non-exclusive licence agreement for its cholesterol and blood pressure-reducing LPLDL products with Taiwanese probiotics outfit Bened Biomedical.
Brady confident of hitting full-year expectations
Trading, risk management and settlement solutions provider Brady issued its unaudited interim results for the six months to 30 June on Monday, reporting a slight decrease in revenue to £10. 54m from £10. 66m in the same period last year.
GlaxoSmithKline pleased with recent Nucala results
GlaxoSmithKline announced results on Monday from an indirect treatment comparison of the licensed doses of Nucala (mepolizumab), compared to benralizumab and reslizumab, in patients with severe eosinophilic asthma.
Lancashire Holdings makes internal promotions as Perrier steps down
Lancashire Holdings announced the appointment of James Irvine as the chief underwriting officer for Lancashire Insurance Company in Bermuda on Monday, with effect from 1 October, subject to immigration and regulatory approvals.
AB Foods maintains full-year guidance; sees FY Primark sales up 5.5%
Associated British Foods reiterated its outlook for the year on Monday as it said a strong performance from Primark, grocery, agriculture and its ingredients business should more than offset the impact of lower EU sugar prices, but warned it would take a £20m hit from the stronger pound.
Peel Hunt upgrades Moneysupermarket after share price weakness
Peel Hunt upgraded Moneysupermarket. com to ‘buy’ from ‘add’ on Monday following recent share price weakness, with the stock down 14% from mid-June.
London open: Stocks flat as trade concerns remain; AB Foods slumps on update
London stocks were steady in early trade on Monday ahead of a slew of data releases, with worries about global trade still very much at the forefront of investors’ minds.
Aston Martin board strap in ahead of October float
Aston Martin Lagonda has hired former RBS and Coca-Cola director Penny Hughes as chairman ahead of the sports car maker's planned flotation on the London Stock Market early next month.
Energean hosts US delegation at Prinos oil field in Greece
Energean said that on 9 September, it hosted the US undersecretary of energy Mark Menezes at its offshore facilities in Kavala, Eastern Macedonia, Greece.
Sports Direct employee trust buys half a million shares
Sports Direct announced on Monday that, on 6 September, 547,115 ordinary shares were acquired by 70 participants, following the exercise of awards under the company's share schemes.
More work needed for mepolizumab application, says GlaxoSmithKline
GlaxoSmithKline has received a ‘complete response letter’ from the United States Food and Drug Administration regarding its application for mepolizumab, it announced on Monday.
Indivior pays off part of term loan facility
Indivior has prepaid $150m of outstanding debt, it confirmed on Monday.
Unite Group disposes of 14 properties, pockets £84.7m
Student accommodation manager and developer Unite Students has exchanged contracts for the disposal of 14 properties for £180. 5m, its share of which is £84. 7m, to Singapore Press Holdings.
888 States: online gambler launched in New Jersey
888 Holdings has launched its online sports betting brand in New Jersey as the company extends its existing operations in the US.
LondonMetric sells Launceston retail park for £21.9m
LondonMetric Property has sold its retail park in Launceston for £21. 9m, reflecting a net initial yield of 5. 6%.
RELX settles on UK for new corporate structure
RELX Group, the former Reed Elsevier, has simplified its corporate structure with a move to a single UK parent company, from its previous joint Anglo-Dutch arrangement.