Siemens ups London Underground train production at UK facility to 80 per cent February 12, 2024 Siemens is anticipating far higher production of trains for the London Underground when its new facility in East Yorkshire opens this Spring.
Tritax Big Box and UK Commercial Property agree to merge creating £6.3bn real estate giant February 12, 2024 In a stock exchange notice this morning, Tritax Big Box said the merger, which still needs to be voted on by shareholders, would "bring together complementary logistics-oriented investment portfolios with a shared focus on resilient and growing income."
Mike Ashley’s Frasers Group begins £80m share buyback and ups stake in N Brown February 12, 2024 The programme, which begins today and will run for 11 weeks to 28 April, will see a maximum of 10m shares acquired for £80m at most, or about two per cent of the firm.
Upper Crust owner swoops in for Aussie-based Airport Retail Enterprises February 12, 2024 Upper Crust owner SSP Group has struck an agreement to snap up 100 per cent of the shares in Aussie-based airport food and beverage operator.
Malvern International revenue rises on strong student intake but expects revenue hit from changes to immigration rules February 12, 2024 Education company Malvern International has reported a 79 per cent rise in revenue for its full year after it saw a strong student intake.
Warehouse REIT makes £13.4m in portfolio sales as it continues to focus on debt reduction February 12, 2024 In a stock exchange notice this morning, the trust said that the combined price of the sales was 3.7 per cent ahead of the book value from September 2023 and reflected an average net initial yield of 5.3 per cent.
GSK receives Fast Track designation for chronic hepatitis B drug in latest boost for pharma giant February 12, 2024 Pharmaceutical giant GSK has received a special recognition from the US Food and Drug Administration (FDA) for its bepirovirsen drug.
Heathrow: Britain has ‘shut the door’ on home-grown growth with tourist tax February 12, 2024 Britain has "shut the door" on home grown growth by abolishing VAT-free shopping for overseas visitors, Europe's largest airport has warned.
Building Blocks: Getting to grips with all the blockchain terminology February 12, 2024 Every week Blockchain Sensei will be walking you through the basics of blockchain technology. Consider this your crash course in all things web3! In today’s ever-evolving financial landscape, grasping the fundamentals of digital assets is paramount. As we delve into the realm of blockchain technology and exchange-traded funds (ETFs), let’s go back to the start. [...]
Winter recession to be confirmed for UK economy – but experts are upbeat about 2024 February 12, 2024 New figures are likely to confirm that the UK economy fell into a shallow recession in the second half of last year, but experts are hopeful that 2024 will be a better year.