News

UK CMA mulls investigation of Global Payments and Worldpay merger
(Alliance News) - The UK Competition & Markets Authority on Tuesday said it is considering the competition repercussions of payment technology firm Global Payments Inc's acquisition of Worldpay Holdco ...
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 ...
Fast food delivery firms in UK to ramp up security checks
(Alliance News) - Food delivery firms in the UK will ramp up facial verification and fraud checks in the next 90 days to crack down on illegal working after talks with ministers. Deliveroo PLC, Uber ...
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 ...
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 ...
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 ...
Southern Water receives further GBP1.2 billion equity injection
(Alliance News) - The owner of Southern Water has pumped another GBP1.2 billion into the struggling utility to help boost its finances. Sydney-based investment firm Macquarie Group Ltd – which ...
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 ...
CLS Holdings sells German properites for EUR41.3 million to repay debt
CLS said the sales totalled EUR41.3 million, will the proceeds earmarked for debt repayment. It added that its pro-forma loan to value ratio will drop to 47.0% at year-end from 50.7%, following the ...
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 ...
Sainsbury sales beat forecast as market share hits near decade high
By segment, Sainsbury’s sales growth was 4.9% year-on-year versus consensus of 3.7%, including Grocery sales growth of 5.0% on-year ahead of 3.8% consensus and General Merchandise & Clothing sales ...
UK competition watchdog OK's GBP4 billion Direct Line buy by Aviva
(Alliance News) - The UK Competition & Markets Authority on Tuesday green lit Aviva PLC's takeover of Bromley, London-based car and home insurer Direct Line Insurance Group PLC. London-based insurer ...