Company News
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Aldi staff to get second pay rise this year as inflation bites
Monday 25 Jul 2022
(Sharecast News) - German discount retailer Aldi on Monday said it was giving its UK staff a second pay rise since the start of the year as inflation continued to spiral. Read More
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Science Group confident after 'record' first half
Monday 25 Jul 2022
(Sharecast News) - Science Group reported "record" first half results on Monday, slightly ahead of the board's expectations, with revenue rising 10% to £44.8m. Read More
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Lufthansa ground staff to stage 'warning strike' on Wednesday
Monday 25 Jul 2022
(Sharecast News) - Ground handling staff at Lufthansa are set to stage a "warning strike" on Wednesday across all of the airline's locations, as disagreements between around 20,000 workers and the Ger... Read More
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CMA to review Viasat takeover of Inmarsat
Monday 25 Jul 2022
(Sharecast News) - The UK's Competition and Markets Authority said on Monday that it has launched an investigation into Viasat's £6bn takeover of Inmarsat. Read More
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KPMG slapped with £14.4m fine over Carillion audit
Monday 25 Jul 2022
(Sharecast News) - KPMG has been slapped with its largest-ever UK fine for providing "false and misleading" information to the accounting watchdog during inspections of its audits of collapsed outsour... Read More
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Begbies Traynor to acquire London-based brokerage Mantra Capital
Monday 25 Jul 2022
(Sharecast News) - Corporate restructuring specialist Begbies Traynor has agreed to acquire London-based property finance brokerage Mantra Capital and its Axiom Consulting & Investments and Ellayaan s... Read More
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Crimson Tide wins 'significant' new long-term contract win
Monday 25 Jul 2022
(Sharecast News) - Software company Crimson Tide has won a "significant new long-term contract win" with a national supplier in the utilities sector. Read More
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France's Eutelsat in merger talks with UK's OneWeb
Monday 25 Jul 2022
(Sharecast News) - France's Eutelsat Communications confirmed on Monday that it has engaged in merger talks with UK rival OneWeb. Read More
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Philips slashes guidance as China lockdowns hit Q2 sales
Monday 25 Jul 2022
(Sharecast News) - Dutch technology conglomerate Philips reported a 7% fall in comparable group sales in its second quarter on Monday, to €4.2bn (£3.57bn), mainly caused by continued supply shor... Read More
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7digital inks long-term contract with B2B music fintech
Monday 25 Jul 2022
(Sharecast News) - Digital music solutions group 7digital said on Monday that it has inked a long-term contract with business-to-business music fintech company Utopia Music. Read More
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Serica board rejects revised offer from Kistos
Monday 25 Jul 2022
(Sharecast News) - Kistos announced a revised proposal for Serica Energy on Monday, after its first offer was rejected by the Serica board on 1 June. Read More
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Card Factory CFO Kris Lee heading for the exit
Monday 25 Jul 2022
(Sharecast News) - Card Factory said on Monday that chief financial officer Kris Lee has agreed to leave the company following a transition period and will receive £40,000 in compensation for loss of ... Read More
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Judges Scientific trading varied amid post-Covid recovery
Monday 25 Jul 2022
(Sharecast News) - Scientific instrument technology investor Judges Scientific reported "continued resilience and progress" in its first half on Monday as it recovered from the Covid-19 pandemic, with... Read More
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SThree delivers 'excellent' H1 performance, revenue and profits up double digits
Monday 25 Jul 2022
(Sharecast News) - Staffing business SThree said on Monday that it had delivered an "excellent performance" in the six months ended 31 May, with both revenue and profits up double digits year-on-year. Read More
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Spirax-Sarco signs binding £223m deal to buy Vulcanic Group
Monday 25 Jul 2022
(Sharecast News) - Thermal energy and pumping specialist Spirax-Sarco Engineering has signed a binding definitive agreement to acquire the Vulcanic Group from French private equity company Qualium, it... Read More
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Hill & Smith proposes £62m sale of France Galva
Monday 25 Jul 2022
(Sharecast News) - Infrastructure and transport engineering company Hill & Smith announced the proposed disposal of its French galvanising and steel lighting column operations, France Galva, for a net... Read More
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Sanne delivers double-digit organic revenue growth in H1
Monday 25 Jul 2022
(Sharecast News) - Financial services company Sanne Group said on Monday that it had delivered "a strong performance" in the six months ended 30 June, with a return to double-digit organic revenue gro... Read More
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Naked Wines CFO Shawn Tabak steps down
Monday 25 Jul 2022
(Sharecast News) - Naked Wines said on Monday that chief financial officer Shawn Tabak agreed to step down by mutual agreement with effect from last Friday. Read More
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AstraZeneca GMG drug recommended for EU approval
Monday 25 Jul 2022
(Sharecast News) - AstraZeneca said its treatment for the rare autoimmune neuromuscular disease generalised myasthenia gravis (GMG) has been recommended for marketing authorisation in the European Uni... Read More
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Ryanair swings to profit in Q1 as traffic recovers
Monday 25 Jul 2022
(Sharecast News) - Budget airline Ryanair said on Monday that it swung to a profit in the first quarter as traffic recovered, but did not provide any guidance for the year given the "fragile" air trav... Read More
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