News

London close: Stocks finish choppy Tuesday session higher
London stocks ended higher on Tuesday, recovering from earlier losses as investors grew more optimistic about progress in US trade negotiations. The FTSE 100 index rose 0.28% to close at 8,785.33 ...
Drax hires Shell executive Frank Lemmink as chief financial officer
(Alliance News) - Drax Group PLC on Tuesday said it has appointed Frank Lemmink as its new chief financial officer to replace Andy Skelton.
Physiomics deepens ties with existing client as inks new contract
The Oxfordshire, England-based mathematical modelling company said it has inked an 18-month contract worth GBP98,600 with an existing, unnamed client that will see it apply PK/PD modelling and ...
Global Smaller Cos Trust underperforms benchmark in "difficult year"
Global Smaller declared a 2.30p per share final dividend, a rise of 8.0% from 2.13p. It means its total dividend for the year is 3.00p, up 6.8% from 2.81p. It is its 55th successive dividend hike, the ...
UPDATE: Final phase of "Not for EU" food labelling comes into force
(Alliance News) - The final phase of post-Brexit food labelling on products being shipped from Great Britain to Northern Ireland has been introduced. The "Not for EU" labels, an element of the Windsor ...
LONDON BRIEFING: SSE and National Grid mull new Ofgem investment plan
In early corporate news, Drax taps a former Shell vice president as its new chief financial officer, and energy firms SSE and National Grid respond to a planned investment programme by UK energy ...
EARNINGS: Wynnstay profit up; Supreme hails "strong performance"
Wynnstay Group PLC - Powys, Wales-based agricultural supplies and specialist merchanting firm - It hails a "significant improvement" in the first half of its financial year. Pretax profit in the six ...
Mpac to scale back US operations as order slowdown hurts sales
Mpac Group PLC on Tuesday warned full-year revenue will fall significantly below previous expectations due to slower market conditions in the US. The Tadcaster, North Yorkshire-based high-speed ...
UK manufacturing downturn eases in June as decline in new orders slows
Manufacturing production fell for the eight month in a row, as companies scaled down output in response to weak market conditions and uncertainty surrounding government policy, tariffs and the ...
LONDON MARKET MIDDAY: Stocks mostly red after weak house price data
(Alliance News) - London's stocks were mostly a notch lower at midday on Tuesday, dragged down by housebuilders after a soft UK house price reading, and as industrial firms brace for the introduction ...
Kitwave says fragile confidence, higher labour costs to impact profit
Kitwave Group PLC on Tuesday warned lower sales and higher employment costs would mean lower than expected profit in the coming financial year. In response, shares in the North Shields, England-based ...
Mercia Asset Management sets share buyback as assets near GBP2 billion
(Alliance News) - Mercia Asset Management PLC on Tuesday launched a GBP3.0 million share buyback as a part of new annual buyback policy, while reporting a swing to annual profit and nearly GBP2 ...