News Archive

TK Maxx signs lease at Great Portland's Mount Royal

11th Mar 2024 07:32

(Sharecast News) - West End property owner Great Portland Estates said TK Maxx has agreed a deal to occupy a space at its Mount Royal property in London's Oxford Street, while health and beauty retailer Superdrug also recently re-geared its retail lease, committing to another 10 years at the location.

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UK recruitment activity continues to weaken during Q1

11th Mar 2024 07:28

(Sharecast News) - Recruitment activity continued to weaken across the UK in the first quarter of the year, according to KPMG and REC, as "ongoing economic uncertainty" and hesitancy to commit to new hires amid cost pressures led to a fall in permanent placements.

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Monday newspaper round-up: Thames Water, McLaren, gigafactories

11th Mar 2024 07:25

(Sharecast News) - Thames Water has risked a fresh backlash over its commitment to tackling sewage dumping after it declined to commit funds to a £180m industry-wide initiative to fast-track efforts to reduce pollution in England's waterways. The government said on Monday that the sum would be spent by six companies over the next 12 months to prevent more than 8,000 sewage spills, as water companies attempt to address their woeful record on tackling spills. - Guardian

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Shaftesbury acquires Covent Garden freeholds for £75.1m

11th Mar 2024 07:22

(Sharecast News) - Shaftesbury Capital announced the acquisition of the freehold interests in 25-31 James Street, Covent Garden, for £75.1m before costs on Monday.

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British Land to steal chair from Marston's

11th Mar 2024 07:22

(Sharecast News) - Real estate group British Land has announced that William Rucker, the chair of Marston's, is to become its new chair designate in the summer and will leave the pub and hotel operator after five and a half years on the job.

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Elliott pulls from Currys takeover talks

11th Mar 2024 07:03

(Sharecast News) - Shares in Currys slumped on Monday as US private equity firm Elliott Advisors pulled from the race to take over the UK electrical retailer after "multiple attempts" to discuss an offer were rebuffed.

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Broker tips: BAE Systems, PZ Cussons, Spirax-Sarco

8th Mar 2024 16:36

(Sharecast News) - Analysts at Citi reinstated their 'neutral' rating on defence group BAE Systems on Friday, updating its forecasts following the company's acquisition of Ball Aerospace.

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Europe close: Stocks little changed following mixed US jobs report

8th Mar 2024 16:26

(Sharecast News) - European markets were little changed as investors digested a somewhat mixed US jobs report.

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FTSE 250 movers: Just Group soars on results; Oil stocks slide

8th Mar 2024 16:09

(Sharecast News) - FTSE 250 (MCX) 19,618.60 0.18%

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US open: Stocks higher following NFP report

8th Mar 2024 15:30

(Sharecast News) - Wall Street stocks traded higher early on Friday following the release of key jobs data for February.

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London close: Stocks mixed as US payrolls paint varied picture

8th Mar 2024 15:02

(Sharecast News) - London markets ended the trading session on a mixed note on Friday, as investors digested a faster-than-expected rise in non-farm payrolls in the US.

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FTSE 100 movers: DS Smith surges on takeover news; Spirax hit by downgrade

8th Mar 2024 14:52

(Sharecast News) - London's FTSE 100 was down 0.4% at 7,658.98 in afternoon trade on Friday.

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Henry Boot gets planning permission for Manchester office project

8th Mar 2024 14:42

(Sharecast News) - Henry Boot announced on Friday that its HBD development arm has secured planning consent for a significant office project in Manchester's city centre.

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Vulcan proposes MC Mining takeover at higher price than Goldway offer

8th Mar 2024 14:37

(Sharecast News) - MC Mining confirmed receiving a proposal from Vulcan Resources, the operator of the Mozambique's largest coking coal mine Moatize, on Friday.

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BP appoints Aviva boss Amanda Blanc as senior independent director

8th Mar 2024 13:42

(Sharecast News) - Oil giant BP said on Friday that it has appointed Aviva chief executive Amanda Blanc as senior independent director with effect from after the annual meeting on 25 April.

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