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Late market roundup: FTSE 100 falls amid consumer confidence gloom

The FTSE 100 index fell on Friday, while short sellers are reportedly eyeing consumer-facing UK companies facing reduced customer spending and higher employment costs.

‘The UK...

Fri, 07/02/2025 - 17:03

Xeros Technology shares boosted as it inks LOI with major distributor

Xeros Technology Group PLC on Wednesday saw its shares surge 40% as it noted global interest for its Fabric Care technology.

The Rotherham, England-based laundry...

Fri, 07/02/2025 - 16:26

Surface Transforms revenue grows as yield hit by cash constraints

Surface Transforms PLC on Tuesday said its revenue grew in 2024 despite issues around cash constraints in the fourth quarter impacting its yield.

The Liverpool-based...

Fri, 07/02/2025 - 16:20

Tandem says revenue climbed in 2024 despite subdued spending

Tandem Group PLC on Wednesday said revenue grew in 2024 despite ongoing challenges in the consumer sector amid economic pressures in the UK.

The Birmingham, England-based...

Fri, 07/02/2025 - 15:20

IN BRIEF: Court sanctions Fortress-backed takeover of Loungers

Loungers PLC - Bristol-based operator of Lounge, Cosy Club and Brightside cafes and bars - Says the High Court of Justice in England and Wales...

Fri, 07/02/2025 - 15:01

Vertu Motors posts new share buyback as cautions on annual outlook

Vertu Motors PLC on Thursday announced a new share buyback programme as it cautioned that full-year results will be below current market expectations, citing the...

Fri, 07/02/2025 - 14:27

IN BRIEF: Petro Matad secures state special purpose status at Block XX

Petro Matad Ltd - petroleum exploration, development and production company focused on projects in Mongolia - Says the Block XX exploitation area, which contains its...

Fri, 07/02/2025 - 14:20

SulNOx third-quarter sales double as maritime sector orders rise

SulNOx Group PLC on Wednesday said sales doubled in the third quarter of its current financial year, as it progresses talks with potential clients in...

Fri, 07/02/2025 - 14:03

Malvern International expects swing to a loss despite revenue increase

Malvern International PLC on Thursday said increases in employers’ national insurance contributions would place pressure on its margins as it said it has sufficient capital...

Fri, 07/02/2025 - 13:39

IN BRIEF: Secure Property sells Ukrainian property to Arcona

Secure Property Development & Investment PLC - South eastern Europe-focused commercial property investor - Sells Ukrainian property to Arcona Property Fund NV for €1.1 million...

Fri, 07/02/2025 - 13:24

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