UK new car market grew by nearly a quarter in August

The new car market in the UK grew 24% in August, the Society of Motor Manufacturers & Traders said.

Some 85,657 new cars were registered last...

Tue, 05/09/2023 - 09:59


TOP NEWS: UK service sector falls into contraction in August

The UK economy fell into contraction, led by a fall in the service sector, new data on Tuesday showed.

The UK seasonally adjusted composite PMI posted...

Tue, 05/09/2023 - 09:55


CORRECT: Kier agrees £9.6 million deal to acquire UK rail assets

(Correcting the currency to GBP.)

Kier Group PLC - Manchester, England-based construction firm - Agrees to acquire substantially all the rail assets from Buckingham Group Contracting...

Tue, 05/09/2023 - 09:40


Caledonia Investments sells its majority stake in 7IM to Canada fund

Caledonia Investments PLC on Tuesday said it has agreed terms for selling its majority stake in retail wealth manager Seven Investment Management.

The London-based investment trust...

Tue, 05/09/2023 - 09:37


TI Fluid Systems to buy Cascade Engineering for €25 million

TI Fluid Systems PLC on Tuesday said it will acquire Hungary-based Cascade Engineering Europe Kft for around €25.4 million.

The Oxfordshire-based maker of automotive fluid...

Tue, 05/09/2023 - 09:31


LONDON BROKER RATINGS: JPMorgan cuts Tesco, B&M; Investec likes Relx

The following London-listed shares received analyst recommendations Tuesday morning and Monday:

----------

FTSE 100

----------

RBC raises Bunzl price target to 2,600 (2,550) pence - ’underperform’

----------

SocGen cuts CRH price...

Tue, 05/09/2023 - 09:29


LONDON MARKET OPEN: Stocks down on Chinese exposure; oil price fears

Stocks in London were lower on Tuesday morning amid oil price inflation fears, as the FTSE 100 index was weighed down by retailers and stocks...

Tue, 05/09/2023 - 09:07


IN BRIEF: DS Smith says box volume down on year but less de-stocking

DS Smith PLC - London-headquartered maker of paper-based packaging - Says overall trading since the start of its financial year in May has been in...

Tue, 05/09/2023 - 08:54


TOP NEWS: Ashtead hails US projects as profit up; lowers UK outlook

Ashtead Group PLC on Tuesday hailed mega projects in the US as it reported profit growth buoyed by momentum in North America, but lowered its...

Tue, 05/09/2023 - 08:53


IN BRIEF: Rio Tinto hires new Aluminium chief from General Electric

Rio Tinto PLC - London-based miner - Hires Jerome Pecresse from General Electric Co to be chief executive of its Aluminium business, replacing Ivan Vella....

Tue, 05/09/2023 - 08:40


Pages