UPDATE: UK PM to stay ‘steadfast’ in inflation fight after rates hiked

UK Prime Minister Rishi Sunak has admitted soaring interest rates are ‘hard’ for cash-strapped consumers, but vowed the government will ‘remain steadfast’ in the battle...

Thu, 22/06/2023 - 14:34


Westminster Group chair shifts responsibilities to non-executive role

Westminster Group PLC on Thursday said Executive Chair Tony Baldry will adjust his role to a non-executive capacity, effective from the conclusion of the company’s...

Thu, 22/06/2023 - 14:30


IN BRIEF: Chamberlin shares rise on contract win for subsidiary

Chamberlin PLC - Walsall, West Midlands-based castings and engineering company - Says castings subsidiary Chamberlin & Hill Castings Ltd secures €7.3 million contract with an...

Thu, 22/06/2023 - 14:24


Decrease in debt and refinancing allow IG Design to map out turnaround plan

“The results are hardly great, and the share price is clearly far from convinced, but this month’s debt refinancing out until 2026 and a reduction...

Thu, 22/06/2023 - 13:58


IN BRIEF: LPA annual loss narrows as revenue jumps

LPA Group PLC - Essex-based LED lighting and electro-mechanical systems maker - Posts revenue of £9.1 million for the six months ended on March 31,...

Thu, 22/06/2023 - 13:53


Volex eyes Turkey acquisition and fundraise as profit jumps

Volex PLC on Thursday said its five-year plan was ‘on track’ after it reported a yearly earnings hike, and the electronic components maker said it...

Thu, 22/06/2023 - 13:33


Good Energy buys Wessex EcoEnergy; performs better than expected

Good Energy Group PLC on Thursday said that it has bought EcoEnergy Ltd in a deal worth up to £4 million.

Good Energy is a Wiltshire,...

Thu, 22/06/2023 - 13:24


LONDON MARKET MIDDAY: BoE hikes aggressively as UK inflation runs wild

The Bank of England dug deep into its arsenal on Thursday and enacted an interest rate hike of 50 basis points, as Wednesday’s red-hot UK...

Thu, 22/06/2023 - 12:31


TOP NEWS: BoE digs deeper with 50 basis point UK interest rate hike

The Bank of England continued its hiking cycle on Thursday and acted more aggressively than some expected, by lifting UK interest rates by 50 basis...

Thu, 22/06/2023 - 12:12


Jersey Oil & Gas completes farm-out with NEO Energy at Greater Buchan

Jersey Oil & Gas PLC on Thursday said it has completed its farm-out transaction with NEO Energy in the Greater Buchan Area in the North...

Thu, 22/06/2023 - 12:12


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