News Archive

Computacenter reports record year but warns of challenging 2024

22nd Mar 2024 07:20

(Sharecast News) - Computacenter delivered another record year of revenues and adjusted profits with gross invoiced income topping the £10bn mark, but said that trading conditions at the start of this year are likely to be challenging.

Friday newspaper round-up: Mike Lynch, Three, Scottish Power

22nd Mar 2024 07:19

(Sharecast News) - Two major UK high street banks have been accused of continuing to finance fossil fuel expansion in the North Sea despite signing a pledge to align their activities with the net zero climate goal. HSBC and NatWest have provided tens of millions in finance to Ithaca Energy, a British oil and gas company that is playing a key role in plans to exploit the controversial Rosebank oilfield north-west of the Shetland Islands. Another high street bank, Lloyds, also provided finance but has since sold down the debt. - Guardian

Phoenix Group jumps on strong results as it sets out strategy

22nd Mar 2024 07:15

(Sharecast News) - Phoenix Group announced robust set of results for 2023 on Friday, with total cash generation of £2.024bn exceeding its upgraded target of £1.8bn for the year.

Wetherspoon cheers jump in first-half profit

22nd Mar 2024 07:03

(Sharecast News) - Shares in JD Wetherspoon tanked on Friday despite the UK pub chain reporting surging interim profits as trading continued to improve from the impact of the Covid pandemic, with like-for-like sales up 5.8% in the seven weeks to March 17.

German business sentiment improves in March - Ifo

22nd Mar 2024 07:00

(Sharecast News) - German business sentiment improved in March, according to a survey released on Friday by the Ifo Institute.

US close: Stocks rise as Reddit makes stellar debut

21st Mar 2024 22:19

(Sharecast News) - US equities finished in positive territory on Thursday, riding on the back of encouraging statements from the Federal Reserve.

KKR Dark Aggregator to sell 2.5% stake in Darktrace in placing

21st Mar 2024 19:05

(Sharecast News) - Jefferies said on Thursday that KKR Dark Aggregator plans to sell a stake of around 2.5% in cybersecurity firm Darktrace in a placing to institutional investors.

London close: Stocks rise as BoE keeps rates on hold

21st Mar 2024 16:33

(Sharecast News) - London markets closed higher on Thursday, sustaining gains after the Bank of England adhered to expectations by maintaining interest rates at a 16-year high.

Cambridge Cognition forms scientific advisory board

21st Mar 2024 16:26

(Sharecast News) - Digital brain health solutions developer Cambridge Cognition announced the creation of a scientific advisory board on Thursday.

Feedback secures funding for Oldham pilot

21st Mar 2024 16:21

(Sharecast News) - Feedback has secured £50,000 in funding to initiate a Community Diagnostic Centre (CDC) pathway pilot with the Oldham CDC, it announced on Thursday, managed by the Northern Care Alliance.

Capital Metals reports progress at Eastern Minerals Project

21st Mar 2024 16:17

(Sharecast News) - Capital Metals, a mineral sands company on the verge of mine development at the high-grade Eastern Minerals Project in Sri Lanka, reported substantial progress in securing necessary permits and approvals for its operations on Thursday.