Angle CEO and finance director resign
By Michele Maatouk
Date: Friday 12 Sep 2025
(Sharecast News) - London open
The FTSE 100 was called to open around 25 points higher.
Stocks to watch
There was no FTSE 350 corporate news of note out but liquid biopsy company Angle announced the resignations of its chief executive and finance director "following feedback and discussions with a significant shareholder".
In a short statement, the firm said the board, which now comprises just a non-executive chair and non-executive director, will be expanded "in due course". The development follows a 67% drop in Angle's share price since the start of the year and comes just three days after interim results showed a 20% drop in revenues and a 21% increase in losses in the first half.
Newspaper round-up
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The US owner of Channel 5 is plotting a takeover of Warner Bros Discovery in a mega merger set to reshape the media landscape. Paramount Skydance, a media conglomerate itself only formed a month ago from a merger, is preparing an all cash bid for the rival media titan, which owns the famed Warner Bros movie studio as well as Eurosport. - Telegraph
Chinese wind turbines could be deployed in Britain for the first time under a deal signed by Octopus Energy that has sparked national security concerns. Britain's biggest household energy supplier, run by government adviser Greg Jackson, said it planned to deploy Ming Yang's turbines to develop up to 6 gigawatts of wind farms. However, the Conservatives warned that allowing Ming Yang into UK energy infrastructure would pose an "unacceptable risk". The Trump administration has also previously raised concerns about Ming Yang's potential involvement in UK wind projects. - The Times
US close
Major indices closed higher on Thursday as market participants digested August's all-important consumer price inflation report.
At the close, the Dow Jones Industrial Average was up 1.36% at 46,108.00, while the S&P 500 advanced 0.85% to 6,587.47 and the Nasdaq Composite saw out the session 0.72% firmer at 22,043.07.
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