LONDON MARKET MIDDAY: Stocks down on hawkish Fed comment, China worry

London’s stocks were lower at midday on Thursday, as miners and oil majors weighed on the FTSE 100 amid rising Covid cases in China and...

Thu, 19/01/2023 - 12:43


Gear4Music UK revenue stagnant amid weak demand and postal strikes

Gear4Music PLC on Thursday said UK sales remained flat in the three months that ended December 31, as its global operations see growth.

The York,...

Thu, 19/01/2023 - 12:29


UK’s Sunak defends allocation of £2 billion in levelling up funds

Rishi Sunak rejected claims the allocation of more than £2 billion in taxpayers’ money for local projects was skewed towards relatively affluent areas including his...

Thu, 19/01/2023 - 12:27


Frontier Developments shares up on swing to interim profit

Frontier Developments PLC on Thursday reported a swing to interim profit and a rise in revenue, as it eyed annual revenue to be no less...

Thu, 19/01/2023 - 12:27


Jadestone Energy buys gas field stakes in Thailand for $32.5 million

Jadestone Energy PLC on Thursday announced it is buying stakes in gas fields onshore Thailand.

The Asia Pacific-focused oil and gas company is buying a...

Thu, 19/01/2023 - 12:22


Bakkavor annual profit lower as inflation persists

Bakkavor Group PLC shares fell on Thursday, as 2022 profit took a hit from inflationary pressures and Covid-19 measures impacting volumes in China.

Bakkavor is...

Thu, 19/01/2023 - 12:13


Zotefoams celebrates revenue above expectations, raises profit target

Zotefoams PLC on Thursday celebrated full-year revenue above market expectations, following a strong trading performance across its key business units.

Zotefoams is a London-based manufacturer...

Thu, 19/01/2023 - 12:11


boohoo looks to optimise operations as four-month revenue drops

boohoo Group PLC on Thursday said revenue was down across all of its operations as it continues to focus on optimisation.

The online fashion retailer...

Thu, 19/01/2023 - 11:56


IN BRIEF: Brooks Macdonald says CFO Thorpe and COO Cross both to leave

Brooks Macdonald Group PLC - London-based investment management services provider - Says Chief Financial Officer Ben Thorpe intends to leave the company ‘in due course’...

Thu, 19/01/2023 - 11:43


Crossword Cybersecurity partners with BCS to support its members

Crossword Cybersecurity PLC on Thursday said it has partnered with BCS, The Chartered Institute for IT to support the latter’s 60,000 members.

The cybersecurity solutions...

Thu, 19/01/2023 - 11:43


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