Company News
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CBI calls for members' support at crunch meeting
Tuesday 06 Jun 2023
(Sharecast News) - The scandal-hit Confederation of British Industry called on members for support on Tuesday as a crucial vote got underway in London. Read More
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BBC, Boots, BA warned not to pay Russian hackers after payroll data stolen
Tuesday 06 Jun 2023
(Sharecast News) - Firms caught up in the global payroll data hack that included Boots, British Airways and the BBC were on Tuesday warned not to give in to blackmail threats. Read More
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UK construction sector gains momentum despite housing drag
Tuesday 06 Jun 2023
(Sharecast News) - The UK construction sector saw an uptick in activity last month, a closely-watched survey showed on Tuesday, although higher interest rates continued to weigh heavily on house build... Read More
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Tuesday preview: German factory orders, British American Tobacco in focus
Tuesday 06 Jun 2023
(Sharecast News) - The economic calendar was rather sparse on Tuesday. Read More
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SSE fined £10m by Ofgem for overcharging
Tuesday 06 Jun 2023
(Sharecast News) - SSE has been fined nearly £10m by the regulator for overcharging National Grid, in breach of its licence. Read More
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Unilever starts search for new chair - report
Tuesday 06 Jun 2023
(Sharecast News) - Unilever has reportedly appointed executive search firm Spencer Stuart to seek a new board chair to replace Nils Andersen. Read More
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Chemring hails record order book, shares rally
Tuesday 06 Jun 2023
(Sharecast News) - Chemring posted a drop in interim profit and revenue on Tuesday, but shares surged as it reported a record order book. Read More
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Paragon Banking lifts NIM, mortgage lending guidance; shares jump
Tuesday 06 Jun 2023
(Sharecast News) - Paragon Banking lifted its full-year guidance for net interest margin and mortgage lending on Tuesday, and increased its buyback programme, sending shares sharply higher. Read More
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Genuit CFO Paul James to step down
Tuesday 06 Jun 2023
(Sharecast News) - Genuit said on Tuesday that chief financial officer Paul James plans to step down after five years in the role to become CFO of a privately-owned company. Read More
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BAT holds guidance, despite struggling US market
Tuesday 06 Jun 2023
(Sharecast News) - Cigarette and vaping products maker British American Tobacco held full-year revenue and profit guidance on Tuesday, with trading weighted towards the second half. Read More
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N Brown FY profits drop in 'challenging market'
Tuesday 06 Jun 2023
(Sharecast News) - Online fashion retailer N Brown posted a fall in full-year profit and revenue on Tuesday in a "challenging market". Read More
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US FDA accepts GSK supplemental application for Jemperli cancer drug
Tuesday 06 Jun 2023
(Sharecast News) - GSK said the US Food and Drug Administration (FDA) has accepted a supplemental Biologics License Application for its Jemperli treatment of adults with primary advanced or recurrent ... Read More
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Bank holidays fail to boost retail sector - BRC
Tuesday 06 Jun 2023
(Sharecast News) - UK retail sales growth slowed in May, industry data showed on Tuesday, despite a succession of bank holiday weekends. Read More
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London close: Stocks slip back after oil price rally
Monday 05 Jun 2023
(Sharecast News) - London stocks had reversed earlier gains to close weaker on Monday, having earlier rallied on the back of higher oil prices, as investors mulled the latest reading on the UK service... Read More
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Polymetal considers sale of Russian arm
Monday 05 Jun 2023
(Sharecast News) - Polymetal said on Monday that it is considering the sale of its Russian business following the resignation of two bosses and due to sanctions by the US. Read More
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Boots, BA, BBC staff hit by cyber attack on payroll provider
Monday 05 Jun 2023
(Sharecast News) - The personal details of thousands of British Airways, BBC and Boots may have been stolen after a suspected Russia-linked cyber attack on the firms' payroll systems provider, accordi... Read More
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British Chambers of Commerce to launch business council
Monday 05 Jun 2023
(Sharecast News) - The scandal-hit Confederation of British Industry was dealt a fresh blow on Monday, after the British Chambers of Commerce announced it was launching a new lobbying body. Read More
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CVC mulling offer for Centre Parcs - report
Monday 05 Jun 2023
(Sharecast News) - CVC Capital Partners is mulling a potential offer for UK holiday resort group Center Parcs, it was reported on Monday. Read More
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Sunrise expecting second £0.2m investment from Towards Net Zero
Monday 05 Jun 2023
(Sharecast News) - Nevada-focussed mineral developer Sunrise Resources announced on Monday that it was expecting to receive within the next week the second investment, subject to amended terms, of £0.... Read More
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UK May car registrations rise 16.7%
Monday 05 Jun 2023
(Sharecast News) - New car registrations rose 16.7% in May, according to industry figures released on Monday, but are still lower than pre-Covid pandemic levels. Read More
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