Saba offers Herald Investment Trust shareholders full cash exit

Saba Capital Management LP on Thursday offered shareholders of Herald Investment Trust PLC a full cash exit at 99% of net asset value if Saba’s...

Thu, 09/01/2025 - 09:32


Marks & Spencer shares slump despite sales boost over Christmas

Marks & Spencer Group PLC on Thursday expressed confidence in making further progress this year following ‘another good Christmas,’ fuelled by strong sales in its...

Thu, 09/01/2025 - 09:13


Greggs cites lower consumer confidence as fourth-quarter growth slows

Greggs PLC on Thursday backed annual guidance despite sales growth slowing in the fourth quarter of the year.

The Newcastle-upon-Tyne-based bakery chain said fourth quarter total...

Thu, 09/01/2025 - 08:58


IN BRIEF: Airtel Africa names new CFO after Jaideep Paul resignation

Airtel Africa PLC - telecommunications and mobile money services provider in 14 countries in Africa - Says Chief Financial Officer Jaideep Paul intends to resign,...

Thu, 09/01/2025 - 08:55


LONDON MARKET OPEN: Stocks mixed, retailers down on Christmas updates

Stock prices in London were mixed on Thursday morning, with the FTSE 100 edging higher, despite retailers Tesco and M&S falling after festive trading...

Thu, 09/01/2025 - 08:55


Unite positive on student accommodation demand but feels policy impact

Unite Group PLC on Thursday said it has sold fewer beds in the current sales cycle compared to a year ago, after the UK government...

Thu, 09/01/2025 - 08:51


Tesco backs outlook as market share gains drive biggest ever Christmas

Tesco PLC on Thursday reiterated annual profit and cash flow guidance backed by strong UK sales.

The Welwyn Garden City-based grocer said retail like-for-like sales grew...

Thu, 09/01/2025 - 08:41


IN BRIEF: Cordel wins new contract in Angel Trains partnership

Cordel Group PLC - London-based company whose flagship platform uses artificial intelligence to supply transport corridor analytics - Wins a new contract through its ongoing...

Thu, 09/01/2025 - 06:46


Optimism among UK finance firms down on brace for cost hit - CBI

Optimism among financial services firms has declined at the sharpest pace in more than two years, amid concerns that UK budget tax measures could weigh...

Thu, 09/01/2025 - 05:55


UK recruiters report fall in candidates placed into permanent jobs

The end of 2024 saw the fastest decline in candidates being placed into permanent jobs in more than a year, new research in the UK...

Thu, 09/01/2025 - 05:55


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