News Archive

OSB hikes dividend, launches buyback after fall in profit

5th Mar 2026 11:35

(Sharecast News) - OSB Group reported a decline in annual profit for 2025 on Thursday as higher administrative costs and an impairment charge weighed on earnings, though the specialist lender said loan growth and originations increased and it announced a £100m share buyback alongside a higher dividend.

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Eurozone construction companies continue to feel the pinch - PMI

5th Mar 2026 11:27

(Sharecast News) - The Eurozone's hard-pressed construction sector remained under pressure in February, a closely-watched survey showed on Thursday, as output fell and cost inflation rose

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Spire Healthcare grows annual profits, but NHS outlook uncertain in 2026

5th Mar 2026 11:22

(Sharecast News) - Takeover target and Spire Healthcare reported a small rise in adjusted profits over 2025 which it hailed as a "resilient performance" against a backdrop of significant cost headwinds, though the outlook for 2026 was proving more uncertain due to a drop in NHS commissioning activity.

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Bloomsbury shares spark on 2027 profit outlook

5th Mar 2026 11:03

(Sharecast News) - Shares in Bloomsbury Publishing shot higher on Thursday after it said profit for the year ending 28 February 2027 was set to be "materially ahead" of market expectations as Sarah J. Maas will publish her next two novels within the next year.

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Production soars at Harbour Energy as new assets come online

5th Mar 2026 10:49

(Sharecast News) - Harbour Energy posted a jump in annual earnings on Thursday, despite a weaker oil price, following a sharp rise in production.

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Sth East Water faces £22m fine over supply failings

5th Mar 2026 10:48

(Sharecast News) - South East Water faces a fine of £22.5m from the UK's industry regulator for repeated supply failures in Kent and Sussex between 2020 and 2023.

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Iran willing to abandon nuclear program if US presents 'satisfactory alternative' - report

5th Mar 2026 10:35

(Sharecast News) - The Iranian deputy foreign minister reportedly said on Thursday that the country is ready to abandon its nuclear program on condition that the US presents "a satisfactory alternative offer".

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Asia report: Markets rebound from Iran conflict losses

5th Mar 2026 10:35

(Sharecast News) - Asia-Pacific markets rebounded on Thursday after several days of steep losses, as stabilising oil prices and gains on Wall Street helped improve risk sentiment across the region.

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Elementis posts statutory loss after disposal of talc business

5th Mar 2026 10:34

(Sharecast News) - Elementis reported a statutory loss for 2025 on Thursday after the disposal of its talc business weighed on earnings, though the specialty chemicals group said profitability and margins improved as it advanced its new growth strategy.

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Grafton FY profit beats expectations despite tough markets, shares jump

5th Mar 2026 10:25

(Sharecast News) - Building supplies group Grafton reported better-than-expected annual earnings despite a challenging UK market, sending shares in the company higher on Thursday.

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China sets lowest growth target in decades

5th Mar 2026 10:12

(Sharecast News) - China set its lowest growth target in decades on Thursday, at between 4.5% and 5.0% for 2026.

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Consumer sentiment rises, but job security confidence hits six-month low

5th Mar 2026 10:04

(Sharecast News) - Consumer confidence across the UK edged higher in February, according to the latest survey by YouGov and the Centre for Economics and Business Research (Cebr), though the job security outlook fell to its lowest level in six months.

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Drax CFO to take medical leave of absence

5th Mar 2026 10:03

(Sharecast News) - Renewable energy firm Drax said on Thursday that chief financial officer Frank Lemmink was taking a six-month leave of absence in order to support his recovery from recent health issues, effective immediately.

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UK construction downturn deepens in February

5th Mar 2026 09:52

(Sharecast News) - The downturn in the UK construction sector deepened in February, dragged lower by residential building, according to a survey released on Thursday.

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Soaring gold prices boost earnings at Endeavour Mining

5th Mar 2026 09:47

(Sharecast News) - Endeavour Mining posted a surge in annual earnings on Thursday, as bumper gold prices helped offset higher costs.

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