UK firms facing ‘combination’ of woes heading into 2023 - Begbies

The number of UK businesses in financial distress has picked up, as legacy Covid debt, rampant inflation and tumbling consumer confidence puts companies closer to...

Tue, 24/01/2023 - 14:38


TRADING UPDATES: FireAngel revenue jumps; BMW deal boosts Staffline

The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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FireAngel Safety Technology Group...

Tue, 24/01/2023 - 14:22


Pittards promotes Finance Director Alan Burgess to CFO

Pittards PLC on Tuesday promoted Finance Director Alan Burgess to chief financial officer.

Pittards is a Yeovil, Somerset-based leather and leather goods producer.

Burgess...

Tue, 24/01/2023 - 14:01


Capricorn merger with NewMed unlikely to proceed on resignations

NewMed Energy Management Ltd on Tuesday said that its business combination with Capricorn Energy PLC was unlikely to go ahead on the basis of resignations...

Tue, 24/01/2023 - 13:38


LONDON MARKET MIDDAY: PMI scores show eurozone faring better than UK

London share prices were mixed at midday on Tuesday, after a dismal set of PMI readings for the UK, though some mid-cap stocks were benefiting...

Tue, 24/01/2023 - 12:45


Velocity Composites expects annual revenue rise boosted by investments

Velocity Composites PLC on Tuesday said it expects higher revenue for the 2022 financial year on the recovery of the UK civil aerospace market, while...

Tue, 24/01/2023 - 12:34


Harvest Minerals 2022 sales surge; has high hopes for 2023 performance

Harvest Minerals Ltd on Tuesday said sales volume doubled in 2022, with a strong sales pipeline in place for 2023.

The fertiliser producer with operations...

Tue, 24/01/2023 - 12:29


Sureserve hails annual rises in both revenue and profit

Sureserve Group PLC on Tuesday reported double-digit rises in both annual revenue and profit, building on continued momentum as it remains confident for the next...

Tue, 24/01/2023 - 12:10


Smiths News core revenue boosted; multiple contracts secured to 2029

Smiths News PLC on Tuesday said its overall trading in financial 2023 is in line with market expectation, as the company makes headway on renewing...

Tue, 24/01/2023 - 11:52


Yu shares up as expects to report annual double-digit revenue rise

Yu Group PLC on Tuesday hailed its financial performance in 2022, with revenue expected to surge and margins tipped to top market expectations.

Shares...

Tue, 24/01/2023 - 11:49


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