News Archive

UK producer price inflation hits two-year high

27th Aug 2025 13:03

(Sharecast News) - Producer price inflation in the UK surged to a two-year high in June, according to data out on Wednesday from the Office for National Statistics.

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Service-sector confidence weakens as profitability hits five-year low, CBI data shows

27th Aug 2025 12:49

(Sharecast News) - Service sector activity across the UK continued the weaken in the three months to August, according to a survey released on Thursday by the Confederation of British Industry (CBI), as business confidence waned and profitability dropped to its lowest level in nearly five years.

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ECR completes Blue Mountain drilling, confirms visible gold

27th Aug 2025 12:36

(Sharecast News) - ECR Minerals said on Wednesday that it has completed alluvial drilling at the Blue Mountain gold project in Queensland, confirming visible gold across multiple prospects, and was preparing to begin drilling at its Lolworth gold and rare earths project.

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Victoria refinances near-term debt maturities

27th Aug 2025 12:28

(Sharecast News) - Victoria announced the successful refinancing of its near-term debt maturities on Wednesday, replacing them with €612m of 9.875% senior secured notes due July 2029 and a new £130m super senior credit facility maturing in January 2030.

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Crystal Amber's Morphic gets MHRA registration for obesity treatment

27th Aug 2025 12:24

(Sharecast News) - Crystal Amber said on Wednesday that its portfolio company Morphic Medical has secured commercial registration from the UK Medicines and Healthcare products Regulatory Agency for its 'RESET' endoscopic treatment for obesity and type 2 diabetes, paving the way for UK sales.

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EPE investee Whittard secures £10m term loan

27th Aug 2025 12:21

(Sharecast News) - EPE Special Opportunities said in an update on Wednesday that its portfolio company Whittard of Chelsea has secured a £10m term loan facility from a third-party lender, alongside a £2m revolving credit facility to support working capital needs.

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Caspian Sunrise sells MJF and South Yelemes, shares still suspended

27th Aug 2025 12:18

(Sharecast News) - Caspian Sunrise confirmed on Wednesday that it has completed the sale of the entity holding the BNG shallow MJF and South Yelemes structures, receiving $69.1m to date.

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Europe midday: Stoxx holds gains as investors eye Nvidia

27th Aug 2025 12:06

(Sharecast News) - European stocks rallied on Wednesday after sharp losses in Paris and fresh concerns about the independence of the Federal Reserve weighed heavily on market sentiment in the previous session.

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London midday: Stocks flat as attention turns to Nvidia earnings

27th Aug 2025 11:45

(Sharecast News) - London stocks had pared earlier small gains to trade flat by midday on Wednesday as attention turned to upcoming results from Nvidia.

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UK retail sales drop for eleventh month in a row in August - CBI

27th Aug 2025 11:45

(Sharecast News) - UK retail sales fell for the eleventh month in a row in the year to August, according to a survey released on Wednesday by the Confederation of British Industry, with weak demand, increased labour costs, and low confidence continuing to take their toll.

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JD Sports still struggling with LFL declines, but Shore Capital stays positive

27th Aug 2025 10:49

(Sharecast News) - JD Sports' update this week revealed that underlying sales continued to struggle in the second quarter, but Shore Capital maintained a 'buy' rating on the stock, citing a "depressed" valuation.

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Anexo set to cancel AIM trading, re-register as private company

27th Aug 2025 10:33

(Sharecast News) - Anexo Group said in an update on Wednesday that it plans to cancel the admission of its shares to trading on AIM and re-register as a private limited company - moves it said were in the best interests of the company and its shareholders.

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Foresight firms agree to sell stakes in Lunanhead battery project

27th Aug 2025 10:24

(Sharecast News) - Foresight Environmental Infrastructure and Foresight Solar Fund announced on Wednesday that they have agreed to sell their 50% stakes in the 50MW Lunanhead battery energy storage project in Perthshire, Scotland, with the deal expected to close later this quarter.

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US mortgage applications slip 0.5pc as rates edge higher

27th Aug 2025 10:19

(Sharecast News) - US mortgage applications eased 0.5% in the week ended 22 August, according to the Mortgage Bankers Association, extending the prior week's 1.4% decline and partially unwinding the 14% surge seen across the first half of August.

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Riverstone Energy reports small profit, confirms wind-down plans

27th Aug 2025 10:19

(Sharecast News) - Riverstone Energy reported a half-year profit of $3m as its board confirmed plans for a managed wind-down of the company, approved by shareholders earlier this month.

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