We understand a reverse takeover of Georgina Energy by shell company Mining Minerals and Metals will be confirmed within days.
The taxpayer-owned UK Infrastructure Bank has invested £25 million in Invinity Energy Systems, which is based in Scotland.
It seems that the crowd were thanking Ackman for his stand on various fronts, including his pro-Israel stance.
Profits tumbled by 85 per cent to around £200,000 last year. Turnover fell very slightly to £11.3 million, but inflation added to costs.
Andi Case, who has run the company since 2008, received a bonus of £10.4 million. It made him one of the highest paid bosses of any firm listed in London
Reeves has so far failed to conjure up the rhetorical flourishes of Wilson. But it is understood advisers are developing a revised industrial strategy.
More than £21 billion of North Sea oil and gas projects risk being scrapped by the mid-2030s if Labour increases taxes, according to analysts.
It was another cracker of a week. The FTSE 100 rose to another all-time high. The Bank signalled a rate cut on the horizon. And growth in the first quarter. What's going on?
Two-thirds of managers were given no guidance before they took on responsibilities such as leading a team, according to a survey by recruitment firm Robert Walters.
Fund management firm Allan Gray also said giving Nationwide's members a vote on the £2.9 billion buyout would have been 'a much better path'.
The shares are very much worth holding on to, with the dividend ensuring that you are being paid to wait for better times.
S&N is far from perfect - but, overlooking the issues, the company is cheap and worth buying for short-term upside.
Case received a bonus of £10.4 million. It makes him one of the highest paid bosses of any firm listed on the London stock market.
IAG, whose airlines also include Iberia, Vueling and Aer Lingus, said demand for travel 'remains strong' as it looks to fly even more passengers this year than last.
It is the second time the store, which was previously home to Topshop's flagship London site, has seen its opening delayed.
The company, which was set up by the City tycoon in May 2018, said it has capitalised on its 'prominent AI positioning' this year.
There is a mammoth mismatch between public perceptions of Britain as a basket case economy and the reality.
Mike Henry and his counterpart at Anglo, Duncan Wanblad, are due to speak at the Bank of American Global Metals, Mining and Steel Conference in Florida.
Britain's biggest car maker, which is owned by India's Tata Motors, posted profits of £2.2billion for the full year to the end of March.
In another upbeat session for savers with money tied up in shares, the FTSE 100 topped 8400 for the first time to hit an all-time high of 8455.
The FTSE 100 hit a new record close, up 52.41 points at 8433.76. The index reached a new intraday high of 8,455.77 earlier in the session.
Britain's largest property portal now expects average revenue per advertiser to rise by £75 to £85 on the £1,431 made last year, having previously anticipated a £100 to £110 increase.
Over the long term, given the diversity of sectors and the depth of innovation on offer, we believe the US is a market not to be ignored. Not even the imminent election should dim its long-term a...
Light Science Technologies had plenty to celebrate this week.
British Airways' parent company, which also runs Iberia and Aer Lingus, revealed its operating profits climbed to €68million (£58.5million) in the first quarter.
Concord, which is indirectly controlled by Alchemy Copyrights, said its $1.25 (£1) per share bid valuing Hipgnosis at £1.21billion would not go any higher.
Anyone listening to the recent utterances from Andrew Bailey could not but feel that he regards the battle against inflation in Britain as won.
The Bank of England yesterday left interest rates on hold at 5.25% but strongly hinted at a cut this summer - possibly as soon as next month.
North Sea producer Harbour Energy is closing in on a near-£9bn takeover in a swoop on most of the oil and gas assets owned by Wintershall Dea.
Deputy Prime Minister Oliver Dowden told the companies they must create a special committee to provide regular updates to the government.
ITV, whose recent hits include Mr Bates vs The Post Office, starring Toby Jones (pictured), said revenues fell 7% in the first three months of the year.
The former prime minister (pictured) was a close adviser to Greensill, whose finance firm collapsed in 2021, unleashing a major lobbying scandal.
Wood Group updated the market on its performance just a day after it revealed it had turned down a takeover £1.4bn offer from Dubai rival Sidara.
BBVA took an offer of £10.5bn directly to Banco Sabadell's shareholders after the board rejected the same proposal earlier in the week.
The FTSE 100 hit a new closing high, up 27.30 points at 8381.35. It reached a new intraday record of 8,396.25 earlier in the session.
Avon Protection flagged reports which claimed Russia was using chemical weapons in Ukraine.
Watches of Switzerland said it secured the deal in a bid to expand further into the lucrative luxury jewellery market.
BAE Systems expects 'further positive momentum' driven by the recent US military aid package for Ukraine and the UK Government's commitment to raise defence spending.
Argentum Exploration found 2,364 silver bars in 2017 on the wreck of the SS Tilawa was attacked and sunk during its journey to South Africa in 1942.
IAG rose 3.7%, while Easyjet added 2.9% and Wizz Air increased 5.3%. Shares in IAG, are up almost a fifth this year.
Premiums for customers renewing their policies climbed by 38% to an average £515 a year while for new customers they climbed 25% to £599.
Snoop Dogg is a partner in cannabis-focused venture capital firm, Casa Verde, which invested £8m in Oxford Cannabinoid Technologies in 2018.
James Watt, who is dating former Made in Chelsea star Georgia Toffolo (pictured), set up the Scottish brewer with Martin Dickie in 2007.
Centrica's Chris O'Shea (pictured) was grilled by MPs about energy costs just months after it was revealed that his pay doubled to £8m in 2023.
The high street lender said it is axing 36 of its remaining 211 sites, leaving it with just 175. Following the closures, TSB will have shut 459 branches since 2015.
FCA chief exec Nikhil Rathi (pictured), revealed the probe was underway as he defended his controversial proposals to lift the veil of secrecy.
The rejection came as it emerged Bristol-based chipmaker Graphcore has also become a target with Japanese investment giant Softbank eyeing a bid.
While the quarterly performance represented a slowdown in sales, the firm noted that trade was impacted by a Bank Holiday weekend happening a week later than last year.
The FTSE 100 closed at a new record high, up 40.38 points at 8354.05. It also hit a new intraday high at 8,365.28 earlier in the session.
Direct Line said its average premium for motor and home insurance stood at £599 for new customers and £515 for renewal customers, against £478 and £373 by the same point a year ago.
The exhibitions organiser said it would repurchase £500million of its shares in 2024, 47 per cent more than previously planned, having already bought about £180million so far this year.
The Bank of England could leapfrog the US Federal Reserve and European Central Bank this week with its first base rate cut.
The latest British Retail Consortium (BRC)-KPMG Retail Sales Monitor revealed sales dropped by 4 per cent year-on-year.
At its annual general meeting yesterday, Plus 500 said two-thirds of participating shareholders opposed its remuneration report.
Disney posted a profit of £37m for its Disney+ arm - which makes shows such as Only Murders In The Building (pictured) in the first three months of 2024.
London Capital & Finance raked in £237m from 11,625 savers - many of them retired and elderly - before going bust at the start of 2019.
On another record-breaking day on the stock market, the blue-chip index rose above 8300 for the first time to an all-time high of 8335.
Zalando, which sells brands such as Nike and Sweaty Betty, thinks business will be boosted by the Euro 2024 football tournament.
BP chief exec Murray Auchincloss (pictured) said leaving the City is not on the agenda as he comes under pressure to close the gap with Shell.
A desert mega city is one of a series of projects that Saudi's crown prince hopes will make the kingdom's economy less dependent on oil.
A report on banking services for small companies took aim at the 'unfair' practice of denying accounts to legitimate businesses.
The FTSE 100 hit a new record close at 8313.67 - and a new intraday high at 8,335.68 earlier in the session. Among the companies with reports and trading updates today are BP, Wayve and IWG.
The office space provider reported group revenue flatlined at $912million in the first three months of 2024, while system-wide turnover grew by 2 per cent to $1.04billion (£820million).
Octopus Energy is now worth more than £7bn after two of the group's biggest shareholders upped their stakes in the business.
The BoE has so far followed the Fed's lead - but markets are starting to consider whether we might start to see divergence between the US and other central banks.
Suranga Chandratillake says he fears that start-ups being bought up by foreign predators or listing overseas could see none left in British hands.
The sheer amount of borrowing already threatens to engulf Thames Water, the UK's largest supplier, which is scrambling to agree a fresh rescue plan.
Savills' forecast is the latest to take a more upbeat view. Lloyds, Britain's biggest mortgage lender, also recently said it saw prices rising this year.
Rathi (pictured) will be questioned over the proposals - which have provoked a fierce backlash - at the Commons Treasury select committee.
Container vessels have been rerouted around the southern tip of Africa since to avoid attacks by Iranian-backed Houthi militants in the Red Sea.
March was the 32nd month in a row where there were net withdrawals from UK equity funds by British private investors, according to the Investment Association.
Ministers and Stock Exchange bosses should take an 'activist approach' to ensure the UK doesn't miss out to Amsterdam or New York, according to Tory MP Greg Clark.
Daniel Kretinsky is preparing to table a new takeover offer ahead of a May 15 deadline.
Companies on the AIM have suffered a 15.4% fall in the average value of the daily trading of their shares, underscoring wider concerns about the UK stock market.
If we are to ease the tax burden on the young, we have to make work more attractive for the old. Simple as that.
City and Wall Street experts predict Disney will report a profit of around £3.6 billion for the six months to March, thanks in part to a cost-cutting programme.
We have been granted an exclusive invitation to the Bank of England's inner sanctum where His Majesty's high-tech money was designed.
The building society is denying its 16 million members a say on the deal that would create Britain's second biggest savings and loans group.
The online rail ticket selling platform saw its full year revenue jump by 21 per cent to £396.7m as ticket sales rose 22 per cent to £5.3billion.
The Competition and Markets Authority said the deal could undermine Ofwat's authority as water regulator by wiping SES from its dataset.
The mining giant's top brass are weighing up an approach for Anglo after the London-listed miner rejected BHP's £31billion bid.
Barcelona-based Puig Brands - which also owns Carolina Herrera and Jean Paul Gaultier - listed at €24.50 a share in Madrid.
The iPhone maker saw shares jump more than 7 per cent as it revealed it will spend £88billion buying its own stock back from investors.
Mark Tucker faced boos and repeated interruptions from campaigners at the bank's annual general meeting in London.
Among the companies with reports and trading updates today are Intercontinental Hotels Group, Diageo, Asda, Future, Hostmore, and Trainline.
The firm said it finalised refinancing on over £3.2billion of its £3.8billion debt, which was mainly accumulated when the Issa brothers and private equity giant TDR Capital bought the group.
The FTSE-250 listed company reported that its operating profits rose from £28million to £56million in the year to the end of February.
The Danish company's revenues have surged thanks to an explosion in popularity for its diabetes and obesity drugs Ozempic and Wegovy.
The iPhone maker's revenues for the three months to the end of March fell to £72.4bn but were better than analysts had feared.
BHP chief exec Mike Henry (pictured) raced to hold urgent discussions with officials amid fears a megadeal could be derailed.
Gazprom lost £5.5bn last year as sales to Europe more than halved. Shares in fell 3.3%, with losses far higher than the £3.9bn predicted by analysts.
Nikhil Rathi (pictured) has been summoned to appear before a parliamentary committee as it launched an inquiry into the proposals.
Universal, which controls a third of the world's songs, including hits by Olivia Rodrigo (pictured), pulled millions of tracks from TikTok in February.
In January, Revolution Bars announced that eight sites would be shut and has said up to a quarter of its 80 venues, could be closed.
Peloton's chairwoman Karen Boone and director Chris Bruzzo have replaced McCarthy (pictured), who had been in the job for two years.
The resilience of global economy as it recovers from the twin shocks of Covid and Russia's war on Ukraine has been remarkable.
Bank saw a 6% increase in reported pre-tax profit of $1.9billion in the first quarter, compared with $1.81billion the previous year and beating analyst estimates of $1.4billion.
Among the companies with reports and trading updates today are Shell, Standard Chartered, Melrose Industries and Apple.
Dame Emma Walmsley (pictured), who earned £12.7m in 2023, said she felt 'really good' about ithe drugs giant's ability to retain talent.
In the first three months of the year, total insurance contract written premiums (ICWP) increased 8.3% to $1.5billion.
In what amounted to a bloody nose for the FTSE 100 firm, 43% of investors voted against raising Deepak Nath's maximum earnings to £9.4m.
Overseas buyers accounted for £63bn, or more than 80% of takeover offers in the UK from January to April, according the London Stock Exchange.
Pfizer reported revenues of £11.9bn for the first three months of 2024, down a fifth year-on-year, as it tries to regain its footing post-Covid.
Demand for its cough and cold medicines took a hit, and it noted particularly poor performances for its ibuprofen brand Advil in Canada.
Fed chief Jerome Powell (pictured) said a hike was 'unlikely' but made clear that if inflation continues to move 'sideways' rates will not be coming down.
Mulberry is the latest to be hit with sales over the year to March 30 falling 4% as a dismal second half dragged down its annual performance.
Some 98% of Flutter shareholders backed moving the gambling group's main listing to the US - downgrading the its status in London.
Aston Martin unveiled a drop in revenues and thumping losses in the first quarter, sending its shares down 5.4% after a 5% drop in the last session.
The retailer led by Lord Wolfson (pictured) said full-price sales in the 13 weeks to April 27 were 5.7% higher than in the first quarter last year.
Among the companies with reports and trading updates today are Next, GSK, Aston Martin Lagonda, Haleon, CVS Group, Smith & Nephew and Computacenter.
The home improvement retailer, which Travis Perkins previously owned, said its like-for-like sales fell by 4.2% in the 16 weeks ending 20 April.
The fashion and homewares brand reported full-price sales increased by 5.7% for the 13 weeks ending April 27, compared to an anticipated 5% increase.
The media titan, which is behind films such as Top Gun: Maverick starring Tom Cruise (pictured) said Bakish would be replaced by an 'office of the CEO'.
The investment platform issued a strong quarterly trading update highlighting good momentum through ISA season into the new tax year.
Adidas said its Samba and Gazelle designs are flying off the shelves, helping total sales at the company rise 4% in the first three months of the year.
In an upbeat survey published today, the Institute of Directors said its economic confidence index is at its highest level since May last year.
Noel Quinn (pictured) has overseen a transformation of the lender that included cutting 35,000 jobs and propelling it to record profits last year.
The company said revenues hit £115bn in the first three months of 2024. That was up 13% on the first quarter last year and a record for the period.
Anglo American chairman Stuart Chambers, who has form selling off blue-chip companies, yesterday said he will hold talks with the firm's top 30 investors.
Shares in the exploration company plunged by 47%, or 18.1p, to 20.4p on the update, which related to Deltic's 30% stake in the Pensacola well.
Grosvenor, which owns parts of London's Mayfair and Belgravia, notched up losses of £28.6m in 2023, having made a profit of £110.4m the year before.
International Distributions Services chief exec Martin Seidenberg urged Ofcom to speed up a review and allow it to 'urgently' bring in sweeping changes.
The chemicals business, which makes ingredients for deodorants and skin creams, said its adjusted operating profits rose by double-digits in the first three months of 2024.
Among the companies with reports and trading updates today are HSBC, Whitbread, Metro Bank, St. James's Place and Hargreaves Lansdown.
The world's largest standalone consumer healthcare Haleon will close its UK production site as part of a cost-cutting exercise that will see the loss of hundreds of jobs.
Hargreaves Lansdown said that a record number of its customers put new money into their self-invested personal pensions.
The high street lender revealed deposit levels increased by 4 per cent year-on-year to £16.2billion in the three months ending March after seeing them decline in 2023.
The European Central Bank looks set to become the first among global peers to begin cutting interest rates after consumer price inflation held steady in April.
HSBC has kickstarted the search for a new chief executive after Noel Quinn shocked markets by revealing he would retire after an 'intense' five years.
The FCA used a newspaper article to mount a defence of the proposals - even as the industry stepped up its opposition via a letter.
Analysts said the bid needs to be more than £40bn to tempt Anglo to accept the deal. A bidding war could push the valuation higher.
The year-on-year increase, down from 1.3% in March, was the lowest since December 2021 and non-food prices actually fell, the BRC said.
The Lithuanian start-up - Europe's largest website for buying and selling old clothes - made £15.4m last year after a £17m loss in 2022.
Hipgnosis, founded by Merck Mercuriadis and guitarist Nile Rodgers (pictured), is the latest London-listed firm to be targeted by foreign buyers.
The Turkish firm, which also owns app Gorillas, said it would be calling it quits in Britain as well as in the US, Germany and the Netherlands.
In a much-needed boost for the electric vehicle maker, the billionaire boss (pictured) struck a navigation deal with Chinese tech firm Baidu.
The make-up firm recently launched a campaign fronted by supermodel Kate Moss (pictured) to showcase the brand's new lipstick.
Rather than acquire more stakes in other retailers, the House of Fraser and Sports Direct owneru plans to repurchase another £80m of its own shares.
Among the companies with reports and trading updates today are Ocado, Hipgnosis Songs Fund, Entain and Beazley.
Founding board member of Sir Martin Sorrell's S4 Capital Paul Roy will retire from the company in June after six years in the role.
The music rights investor, which owns the back catalogues of Blondie, Shakira and the Red Hot Chili Peppers, said it agreed to a $1.30 (£1.04) per share proposal from Blackstone.
In a scathing open letter, activist investor Gatemore Capital Management said Paul Waterman had presided over an extended period of weak results caused by 'self-inflicted management failures.'
Investment trusts are companies listed on the stock market and are therefore subject to the UK's 'pernicious' stamp duty regime.
Investors have been urged to vote against the £15m pay policy by advisory groups Glass Lewis and Institutional Shareholder Services.
In a meeting with Chinese Premier Li Qiang, Musk said the electric car maker was willing to cooperate to 'achieve more win-win results'.
The FTSE 100 private equity fund manager has bought Law Business Research from Levine Leichtman Capital Partners - a buyout firm in Los Angeles.
The mutual is under growing pressure to give members a say in the takeover, which would make it Britain's seventh largest lender with £89 billion of assets.
City grandee Stuart Chambers is under fire as yet another British business he leads is at risk of being sold off to a foreign predator.
Support for a blockbuster share offer has come from the Chancellor Jeremy Hunt and Labour's shadow business secretary Johnny Reynolds.
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