TOP NEWS: Informa confirms full-year guidance amid Ascential takeover
Informa's GBP1.2 billion takeover of Ascential, a London-based organiser of events for marketing and technology sectors, received a court sanction on Tuesday and has begun to be implemented. Ascential ...
Shein UK sales top GBP1.5 billion in 2023 and profits double
Shein's UK business generated revenues of GBP1.55 billion over 2023, up from GBP1.12 billion the prior year. It also reported an annual profit of GBP18.7 million, nearly doubling the GBP9.8 million ...
Syncona makes further investment in Purespring Therapeutics
Syncona is a London-based life science investor that owns a diversified portfolio of companies spanning across clinical stages. Purespring Therapeutics is an investee company of Syncona. It is focused ...
LONDON MARKET OPEN: FTSE 100 resilient but China equities slump
The FTSE 100 index was up 38.24 points, 0.5%, at 8,228.85. The FTSE 250 was up 53.70 points, 0.3%, at 20,684.90, but the AIM All-Share fell just 0.30 of a point to 734.77.
Marston's cheers lower debt as trading holds up despite wet weather
Reflecting the strong trading, Marston's said it expects net debt, excluding IFRS 16 lease liabilities, for the full year to be around GBP885 million, a reduction of around GBP300 million on the year ...
CMC Markets guides swing to half-year profit as income up, costs cut
"FX, Index, Commodities, Treasuries and Equity CFDs will be offered initially, with the ability to support other asset classes in the future as the relationship develops and matures," CMC Chief ...
TOP NEWS: Mondi to acquire packaging assets of Schumacher Packaging
(Alliance News) - Mondi PLC said on Wednesday it has agreed to acquire packaging assets of Schumacher Packaging GmbH for an enterprise value of EUR634 million, expanding its corrugated footprint in ...
London open: Stocks recover after Tuesday's losses; Mondi jumps
(Sharecast News) - London stocks rose in early trade on Wednesday, recovering from heavy losses in the previous session. At 0835 BST, the FTSE 100 was up 0.5% at 8,227.41, having closed down 1.4% on ...
LONDON BRIEFING: Rio Tinto makes Arcadium swoop; CMC swings to profit
In early UK corporate news, Rio Tinto announced a lithium acquisition, while Informa looked to the future with confidence after sealing the buy of Ascential. CMC Markets expects to report a swing to ...
LONDON MARKET EARLY CALL: FTSE 100 to open up as China sell-off eases
IG says futures indicate the FTSE 100 to open 21.1 points higher, 0.3%, at 8,211.71 on Wednesday. The index of London large-caps closed down 113.01 points, 1.4%, to 8,190.61 on Tuesday.
Motorpoint expects to return to profit as consumer sentiment picks up
Motorpoint expects financial first half pretax profit of GBP2.0 million, swinging from a loss of GBP3.7 million. The prior year figure excludes exceptional items, of which there were none this time ...
Delighted Cooks Coffee celebrates double-digit sales growth
(Alliance News) - Cooks Coffee Co Ltd on Tuesday hailed a record-breaking year with growth across both existing and new stores. The branded franchised coffee focused store chain said sales rose 26% to ...