Market Pulse
McColl's Retail co-founder James Lancaster steps down
Convenience retailer McColl's Retail said on Wednesday that co-founder and non-executive director James Lancaster has stepped down from the board with immediate effect.
Uber eyes IPO after accepting massive Softbank investment
Uber's board of directors approved a massive investment Japanese telecommunications group Softbank on Tuesday evening along with a number of changes to the board itself and a commitment to launch an initial public offer by 2019.
Ultra Electronics awarded $16m modification to US Navy contract
Ultra Electronics announced the award of a $16. 2m modification to a previously-awarded cost-plus-fixed-fee contract by the US Department of the Navy on Wednesday.
21st Century Technology wins £1m contract with 'major' UK bus fleet operator
AIM-listed 21st Century Technology has been awarded an on-vehicle safety systems engineering contract with a "major" UK bus fleet operator worth just over £1m.
London open: Stocks nudge up ahead of services data; Tesco results boost
London stocks nudged a touch higher in early trade on Wednesday as investors eyed a key reading on the UK services sector and a speech by Prime Minister Theresa May at the Conservative party conference.
CLS renews leases for 14 government properties
CLS Holdings has renewed leases on 14 government properties across the UK with average rent falling 15%.
Balfour Beatty wins £193m Miami development contract
International infrastructure group Balfour Beatty has been awarded a $260m (£193m) contract to build the River Landing Shops and Residences project in Miami for real-estate investment trust H&R REIT and Urbanx Company, it announced on Wednesday, in association with long-standing client, real estate developer Matthews Southwest.
888 Holdings slumps as Sinitus sells entire stake
Shares in 888 Holdings fell on Wednesday after Sinitus sold its entire stake in the online gambling group via an accelerated bookbuild.
Topps Tiles warns over FY profit amid 'challenging' conditions
Topps Tiles warned on Wednesday that full-year profit will be at the lower end of the current range of market expectations as market conditions "remain challenging" despite a moderate improvement in the group's final quarter.
LondonMetric buys Bedford Link logistics development site
LondonMetric has unconditionally acquired a 40-acre Bedford Link logistics development site from the local authority.
London pre-open: Stocks to edge lower ahead of services data, May speech
London stocks were set to edge lower at the open on Wednesday as investors eyed a key reading on the UK services sector and a speech by Prime Minister Theresa May at the Conservative party conference.
Wednesday newspaper round-up: Betting shops, Royal Mail, Uber, Tesco
Only a fifth of households can afford to buy the average new home in the south-east of England, according to research, which said affordable properties in the region should cost no more than £250,000. Savills, the property firm, said the housebuilding industry was on track to deliver the government’s target of 1m new homes by 2020 – but there remained an annual shortfall of 104,000 homes in the areas with the highest demand, London and the south-east. – Guardian.
MEPs deliver blow to Brexit talk hopes
Members of the European Parliament voted to back a delay in the next phase of Brexit talks until there is a "major breakthrough", as "sufficient progress has not yet been made" in agreeing a divorce deal.