News Archive
ITM Power posts record interim sales, issues cautious guidance
4th Dec 2025 10:23
(Sharecast News) - Media firm Future traded higher on Thursday after it unveiled a five‑fold dividend hike and a fresh £30m buyback, signalling confidence in its outlook despite a drop in annual revenues.
Read moreAberdeen to take over Stageoach's £1.2bn pension scheme
4th Dec 2025 10:18
(Sharecast News) - Aberdeen Group has agreed to take over as sponsoring employer of the £1.2bn Stagecoach Group pension scheme, it emerged on Thursday, in a landmark 'run-on' deal that would see the bus operator sever ties with its large defined benefit plan while members benefitted from enhanced payments and inflation protection.
Read moreIWG extends capital return program, reiterates medium-term guidance
4th Dec 2025 10:18
(Sharecast News) - Flexible workspaces operator International Workplace Group said on Thursday that its capital return program would continue into 2026, highlighting a strategy focused on capital-light growth.
Read moreFriday preview: Halifax house prices in focus
4th Dec 2025 10:18
(Sharecast News) - There are no FTSE 350 companies of note due to report on Friday as the pre-Christmas lull begins to take hold.
Read moreConsumers to foot bill as Ofgem green lights £28bn energy grid upgrade
4th Dec 2025 10:18
(Sharecast News) - Britain's long-suffering energy customers face yet another hike in their bills after industry regulator Ofgem approved a £28bn plan to upgrade the electricity grid.
Read moreRBC Capital starts Mitie at 'outperform', says it's 'fundamentally undervalued'
4th Dec 2025 10:17
(Sharecast News) - RBC Capital Markets initiated coverage of facilities management firm Mitie Group on Thursday with an 'outperform' rating and 195p price target.
Read moreSSP surges after revenue and profit growth, guidance at top end
4th Dec 2025 10:16
(Sharecast News) - Food and beverage outlets operator SSP said on Thursday that both revenue and operating profits had grown in the twelve months ended 30 September as it saw "strong trading" across three of its four regions and launched a strategic review of its rail business in Continental Europe.
Read moreUK construction suffers worst downturn in five and a half years
4th Dec 2025 10:15
(Sharecast News) - The UK construction sector suffered its worst downturn in November for five and a half years in the run-up to the Budget, according to a survey released on Thursday.
Read moreEWI hits out at Saba Capital 'power grab'
4th Dec 2025 10:14
(Sharecast News) - Edinburgh Worldwide Investment Trust hit out at Saba Capital on Thursday after the activist investor once again requested a general meeting as it looks to oust the company's board.
Read moreRio Tinto plans up to $10bn in asset sales, spending cuts
4th Dec 2025 10:12
(Sharecast News) - Mining giant Rio Tinto on Thursday announced plans to release up to $10bn of capital through cost cuts and asset sales, including stakes in infrastructure, and slashing its decarbonisation budget.
Read morePremier Miton profits slip amid weaker flow environment, new chair appointed
4th Dec 2025 10:12
(Sharecast News) - Fund manager Premier Miton Group on Thursday appointed a new chair designate as it reported a slight drop in profits over the year to 30 September amid significant outflows from US and European equity strategies.
Read moreDiscoverIE acquires Trival in all-cash deal
4th Dec 2025 10:12
(Sharecast News) - Customised electronics manufacturer DiscoverIE Group said on Thursday that it had acquires Slovenian outfit Trival Antene in a deal worth up to €52.65m in cash.
Read moreLondon open: FTSE nudges lower; SSP jumps on review
4th Dec 2025 10:12
(Sharecast News) - London stocks nudged lower in early trade on Thursday as investors mulled results from the likes of SSP and AJ Bell, amid rising expectations of a US rate cut next week.
Read moreEurozone construction decline eases slightly
4th Dec 2025 10:11
(Sharecast News) - The decline in business activity across the eurozone construction sector eased slightly in November, but remained firmly in negative territory for the 43rd straight month.
Read moreMorgan Advanced Materials outlines plans for above-average growth
4th Dec 2025 10:09
(Sharecast News) - Ceramics, fire protection and carbon technology firm Morgan Advanced Materials on Thursday laid out plans for above-market organic revenue growth, including improving efficiency and "maximising" the value of its portfolio.
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