Company News
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Outlook weakens for UK manufacturers - CBI
Wednesday 21 Sep 2022
(Sharecast News) - Manufacturers are braced for a tough winter, a closely-watched industry survey showed on Wednesday, after output softened. Read More
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M&S announces second pay rise this year amid surging inflation
Wednesday 21 Sep 2022
(Sharecast News) - Marks & Spencer said on Wednesday that it will give store staff their second pay rise this year to help ease the cost-of-living crisis. Read More
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S4 Capital shares jump despite wider first-half losses
Wednesday 21 Sep 2022
(Sharecast News) - Media company S4 Capital reported a 39.8% rise in billings in its first-half results on Wednesday, to £765.6m, and a 59.8% improvement in revenue to £446.4m, although losses widened... Read More
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Link facing £50m fine in Woodford probe
Wednesday 21 Sep 2022
(Sharecast News) - Link Fund Solutions is facing a £50m fine for its role in the collapse of the Woodford Equity Income Fund, the UK's financial watchdog confirmed on Wednesday. Read More
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Pendragon first-half profits, revenue grow
Wednesday 21 Sep 2022
(Sharecast News) - Car dealership Pendragon reported a rise in first-half pre-tax profit and revenues on Wednesday as it hailed an encouraging start to the year. Read More
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Germany to nationalise gas importer Uniper
Wednesday 21 Sep 2022
(Sharecast News) - Germany is to nationalise struggling gas importer Uniper as it looks to shore up supply over the winter, it was announced on Wednesday. Read More
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Sainsbury's agrees price for Highbury and Dragon investment vehicles
Wednesday 21 Sep 2022
(Sharecast News) - Sainsbury's said on Wednesday that it is in talks with LXi REIT to sell 18 supermarket stores for around £500m on a sale and leaseback basis and that if the deal goes through, it wi... Read More
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Business energy bills to be capped during winter months
Wednesday 21 Sep 2022
(Sharecast News) - Business energy bills are to be discounted for six months, the government confirmed on Wednesday, in response to surging wholesale energy prices. Read More
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Ten Entertainment H1 sales surge
Wednesday 21 Sep 2022
(Sharecast News) - Ten-pin bowling centre operator Ten Entertainment Group said on Wednesday that sales had surged in the six months ended 26 June, beating both prior year comparators and 2019's pre-C... Read More
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French billionaire Xavier Niel snaps up 2.5% stake in Vodafone
Wednesday 21 Sep 2022
(Sharecast News) - Atlas Investissement, an investment vehicle of French billionaire businessman Xavier Niel, has snapped up a 2.5% stake in Vodafone. Read More
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Petershill Partners H1 partner distributable earnings rise
Wednesday 21 Sep 2022
(Sharecast News) - Private equity firm Petershill Partners said on Wednesday that interim partner distributable earnings had risen as the group delivered on its plan despite an "uncertain" economic ba... Read More
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Truss to announce stamp duty cut - report
Wednesday 21 Sep 2022
(Sharecast News) - UK housebuilders rallied on Wednesday following a report that Friday's mini-budget could include a plan to cut stamp duty. Read More
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City Pub calls for more work visas as trading improves
Wednesday 21 Sep 2022
(Sharecast News) - City Pub Group has called on the government to issue more work visas to foreign nationals to alleviate labour shortages as it said trading had returned to pre-covid levels "albeit w... Read More
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Enteq warns on FY MWD profits
Wednesday 21 Sep 2022
(Sharecast News) - Energy services technology and equipment supplier Enteq warned on Wednesday that full-year revenues and profits from its Measurement While Drilling products will be below previous e... Read More
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Land Securities issues update on Central London portfolio
Wednesday 21 Sep 2022
(Sharecast News) - Real estate investment trust Land Securities provided an operational and development update on its Central London portfolio on Wednesday. Read More
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Tritax Eurobox appoints Phil Redding as fund manager as Preston steps down
Wednesday 21 Sep 2022
(Sharecast News) - Tritax EuroBox said Nick Preston had stepped down as fund manager and replaced by Phil Redding, a Partner of Tritax Management LLP. Read More
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LXi REIT in talks with Sainsbury's about £500m store portfolio acquisition
Wednesday 21 Sep 2022
(Sharecast News) - LXi REIT confirmed on Wednesday that it is in talks with Sainsbury's about the potential acquisition, on a sale and leaseback basis, of a portfolio of 18 grocery store assets for ar... Read More
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Bytes Technology continues to trade 'strongly' in H1
Wednesday 21 Sep 2022
(Sharecast News) - Bytes Technology said on Wednesday that it continued to trade "strongly" in the first half of the year, as it struck an upbeat note on its outlook. Read More
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AstraZeneca's severe asthma treatment gets EU approval
Wednesday 21 Sep 2022
(Sharecast News) - Drugmaker AstraZeneca said on Wednesday that Tezspire, its severe asthma treatment, had received EU approval for use as an add-on maintenance treatment in patients 12 years and olde... Read More
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France's Schneider Electric to buy Aveva in £9.5bn deal
Wednesday 21 Sep 2022
(Sharecast News) - France's Schneider Electric said on Wednesday that it has agreed to buy London-listed software firm Aveva in a £9.5bn deal. Read More
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