Company News
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UK banks in good health despite turmoil - BoE governor
Tuesday 28 Mar 2023
(Sharecast News) - Bank of England governor Andrew Bailey has insisted that the UK banking sector remains in good health, despite being in a period of "heightened tension". Read More
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Royal Mail threatens to put postal service into administration
Tuesday 28 Mar 2023
(Sharecast News) - Royal Mail issued a threat to put its loss-making postal service into administration, it emerged on Tuesday, amid escalating talks with union chiefs. Read More
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Next in talks to snap up Cath Kidston - report
Tuesday 28 Mar 2023
(Sharecast News) - Retailer Next is in advanced talks to buy vintage-inspired brand Cath Kidston, it was reported on Tuesday. Read More
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Synthomer earnings tumble after tough second half
Tuesday 28 Mar 2023
(Sharecast News) - Synthomer shares were sliding on Tuesday morning after it reported a weak set of preliminary results, amid challenging macroeconomic conditions in the second half of 2022. Read More
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AG Barr posts jump in profits but warns over margin hit
Tuesday 28 Mar 2023
(Sharecast News) - Irn-Bru maker AG Barr posted a rise in full-year profit and revenue on Tuesday as it hailed a strong performance across its soft drinks portfolio, but warned over a short-term hit t... Read More
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'Re-engerised' Xaar swings into black
Tuesday 28 Mar 2023
(Sharecast News) - Xaar swung into the black last year, the inkjet printing specialist said on Tuesday, after its overhauled commercial strategy boosted sales. Read More
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Altitude secures new major contract wins
Tuesday 28 Mar 2023
(Sharecast News) - Software firm Altitude Group revealed has secured a number of new major contract wins that it expects will have "a material impact" on the company. Read More
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Tuesday preview: US house price data, Ocado in the spotlight
Tuesday 28 Mar 2023
(Sharecast News) - Financial markets' focus on Tuesday would be on the latest house price figures out of the US, alongside a smattering of speeches from central bankers from around the world. Read More
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Land Securities builds on 'strong operational and strategic momentum'
Tuesday 28 Mar 2023
(Sharecast News) - Commercial property developer Land Securities said on Tuesday that it has continued to build on "strong operational and strategic momentum" since its interim results. Read More
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Adani Group said to be renegotiating loans
Tuesday 28 Mar 2023
(Sharecast News) - Adani Group tumbled overnight following reports the company is unable to repay its debt. Read More
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Food inflation soars to record 17.5% - Kantar
Tuesday 28 Mar 2023
(Sharecast News) - Grocery inflation has rocketed to 17.5%, industry research showed on Tuesday, adding more than £800 a year to average household food bills. Read More
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GSK receives 'positive' results from endometrial cancer drug trial
Tuesday 28 Mar 2023
(Sharecast News) - Pharmaceutical giant GSK revealed on Tuesday that a recent trial on its endometrial cancer drug candidate showed the potential of the medication when used alongside chemotherapy. Read More
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United Utilities FY revenues seen lower
Tuesday 28 Mar 2023
(Sharecast News) - Water supply company United Utilities warned on Tuesday that 2022-23 full-year revenues were now expected to be roughly 1% lower than previous guidance. Read More
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Entain named preferred partner by TAB New Zealand
Tuesday 28 Mar 2023
(Sharecast News) - Gambling and gaming group Entain has struck a 25-year partnership with TAB New Zealand. Read More
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William Hill fined record £19.2m by UK regulator for social failings
Tuesday 28 Mar 2023
(Sharecast News) - UK gambling company William Hill has slapped with a record £19.2m fine by the UK gambling regulator for customer protection and anti-money laundering failures. Read More
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Softcat sees FY outturn 'slightly ahead' after H1 outperformance
Tuesday 28 Mar 2023
(Sharecast News) - Softcat shares surged on Tuesday after the IT infrastructure products provider said it expects the outturn for the full year to be "slightly ahead" of previous estimates following o... Read More
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BP, ADNOC to buy 50% of Israel's NewMed Energy for $4bn
Tuesday 28 Mar 2023
(Sharecast News) - BP and Abu Dhabi National Oil Co (ADNOC) have made a $4bn offer to buy 50% of Israeli offshore natural gas producer NewMed Energy and take it private. Read More
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Unbound shares surge after bid approach from WoolOvers
Tuesday 28 Mar 2023
(Sharecast News) - Shares in Hotter Shoes owner Unbound Group surged on Tuesday after the company said it was minded to accept a bid approach from WoolOvers Group valuing the business £6.8m. Read More
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Petershill falls to FY IFRS loss
Tuesday 28 Mar 2023
(Sharecast News) - Private equity firm Petershill Partners reported a full-year IFRS loss on Tuesday as it traded against "a volatile market backdrop" in its first year as a publicly listed company. Read More
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Wood Group profits at top end of guidance
Tuesday 28 Mar 2023
(Sharecast News) - Wood Group said on Tuesday that full-year profit was at the top end of its guidance range, thanks in part to solid performances from its consulting and operations businesses. Read More
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