Unigel reports surge in half-year profit but wary of telecoms slowdown

Unigel Group PLC on Thursday said its interim profit soared on lower costs, but said it is only ‘cautiously optimistic’ going into the second half...

Thu, 31/08/2023 - 10:34


UPDATE: UK Energy Secretary Grant Shapps named new defence secretary

UK Energy Secretary Grant Shapps has been appointed the new defence secretary in Prime Minister Rishi Sunak’s mini-reshuffle prompted by Ben Wallace’s formal resignation as...

Thu, 31/08/2023 - 10:14


Investors await key US inflation reading, China misery continues, Salesforce shines and Frasers raises stake in Boohoo once again

“The FTSE 100 was holding on by its fingertips to its latest move higher as investors awaited the latest reading of core inflation from the...

Thu, 31/08/2023 - 10:11


Kainos expects strong results after ‘solid’ half-year performance

Kainos Group PLC on Thursday reported ‘good’ trading in its first half year and said it expects full-year results to meet expectations.

The Belfast-headquartered IT service...

Thu, 31/08/2023 - 10:10


UK homes to be protected from ‘excessive’ electricity profits - Ofgem

UK households are to receive extra protection from artificially inflated electricity bills in a crackdown on generators attempting to make excessive profits, UK energy regulator...

Thu, 31/08/2023 - 09:59


SMALL-CAP WINNERS & LOSERS: PPHE Hotels rises on swing to profit

The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday.

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SMALL-CAP - WINNERS

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PPHE Hotel Group Ltd, up 4.3% at 1,126.85...

Thu, 31/08/2023 - 09:53


IN BRIEF: discoverIE completes ‘immediately accretive’ acquisition

discoverIE Group PLC - Surrey, England-based customised electronics manufacturer - Completes £2.1 million acquisition of Newport, Wales-based power-over-ethernet module manufacturer and designer Silver Telecom Ltd,...

Thu, 31/08/2023 - 09:52


Balanced Commercial Property Trust agrees two new portfolio leases

Balanced Commercial Property Trust Ltd on Thursday said it secured two ‘key’ leasing initiatives in its industrial portfolio for undisclosed sums.

The London-based commercial property investment...

Thu, 31/08/2023 - 09:46


TOP NEWS: UK Defence Secretary Ben Wallace formally resigns

UK Prime Minister Rishi Sunak is poised to appoint a new defence secretary after Ben Wallace formally handed in his resignation on Thursday.

In a letter...

Thu, 31/08/2023 - 09:46


Alfa Financial backs full-year expectations on interim profit jump

Alfa Financial Software Holdings PLC on Thursday posted a rise in interim profit and revenue on the back of cross-divisional growth and backed its full-year...

Thu, 31/08/2023 - 09:38


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