STM Group agrees to possible £40 million cash takeover offer

STM Group PLC on Tuesday said it has agreed in principal to a potential cash takeover offer worth nearly triple its current share price.

The London-based...

Tue, 11/07/2023 - 07:57


TOP NEWS: Centrica signs long-term gas deal worth $8 billion

Centrica PLC on Tuesday said it signed a long-term sale and purchase agreement for 1.0 million tonnes a year of liquefied natural gas.

The agreement is...

Tue, 11/07/2023 - 07:48


TOP NEWS: UK unemployment rises to 4.0%; wage inflation speeds up

UK unemployment rose unexpectedly in the three months to May, while wage inflation picked up speed, figures from the Office for National Statistics showed on...

Tue, 11/07/2023 - 07:18


Time to meet 2% defence spending pledge, Sunak to tell Nato allies

UK Prime Minister Rishi Sunak will head to the Nato summit in Lithuania with a renewed call for all members of the alliance to commit...

Tue, 11/07/2023 - 06:38


Sunshine boost for UK retail sales in June but confidence ‘fragile’

UK retail sales increased by almost 5% in June, although this masked a large drop in volumes after accounting for inflation, numbers on Tuesday showed....

Tue, 11/07/2023 - 05:02


UK seeks pensions boost for sluggish economy

British finance minister Jeremy Hunt on Monday unveiled plans to channel more of the nation’s pension fund cash into UK companies and boost the inflation-battered...

Mon, 10/07/2023 - 22:00


IN BRIEF: Cindrigo Holdings narrows annual loss with no revenue

Cindrigo Holdings Ltd - clean energy producer - Reports pretax loss for year to December 31 of £1.9 million narrowed from £2.0 million the year...

Mon, 10/07/2023 - 21:55


IN BRIEF: AVI Japan Opportunity Trust net asset value falls modestly

AVI Japan Opportunity Trust PLC - London-based investment company focused on over-capitalised small-cap Japanese equities - Reports net asset value declined by 2.3% over the...

Mon, 10/07/2023 - 21:50


Hunt prioritises tackling inflation over tax cuts amid pressure from Tory MPs

Jeremy Hunt will say he is prioritising tackling inflation over tax cuts, in a blow to Tory MPs clamouring for a pre-election giveaway.

In his first...

Mon, 10/07/2023 - 21:14


IN BRIEF: Leonardo wins ‘game-changing’ contract to complete RAF radar

Leonardo Spa - Rome-based aerospace, defence and security company - Signs contract to complete the development of ‘game-changing new radar’ for the Royal Air Force’s...

Mon, 10/07/2023 - 20:58


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