top of page


Competition watchdog launches probe into Greencore deal
Britain’s competition regulator said it has opened a formal investigation into Greencore’s proposed £500 million takeover of ready-meals group Bakkavor.


Domino’s reaffirms 2025 forecast, launches new share buyback
Domino’s Pizza Group PLC said on Monday it would maintain its full-year 2025 targets and unveil a £20 million ($27m) share buyback plan after reporting resilient first-half trading.


Ithaca energy raises 2025 output guidance again after deal-driven surge
North Sea producer Ithaca Energy lifted its 2025 production guidance for the second time this year after output more than doubled in the first half, buoyed by acquisitions including Eni’s UK assets and a larger stake in the Cygnus gas field.


Economists see limited BOE easing in 2025 as wage growth and prices stay sticky
A Reuters survey of forecasters this month suggests the Bank of England is likely to trim rates only once more in 2025, most probably by 25 basis points in November, as resilient inflation and firm wage growth constrain scope for easing.


HSBC’s former uk ECM head to join shore capital in senior origination role
Shore Capital has hired Richard Fagan, formerly head of UK equity capital markets at HSBC, to lead origination as the broker expands its corporate client franchise.


UK house prices rise 3.7% year on year in june, rents ease to 5.9%
UK house price inflation accelerated in June, with average prices up 3.7 percent from a year earlier, the Office for National Statistics reported on Wednesday. The increase compares with 2.7 percent in May, while private-sector rents rose 5.9 percent in July, the smallest annual rise since January 2023, suggesting tentative easing in rental pressures.


IWG flags lower-end profit outcome, shares slide
International Workplace Group said it expects full-year adjusted EBITDA to come in toward the lower end of its 525 million to 565 million dollar guidance range, even as first-half profit rose and the company increased its 2025 share buyback target to at least 130 million dollars.


UK economy modestly larger than previously thought after ONS revision
Britain’s economy at the end of 2023 is now estimated to have been 2.2 percent larger than its pre-pandemic peak, up from a previous estimate of 1.9 percent, the Office for National Statistics said on Tuesday


UK grocery inflation eases to 5.0 percent, offering limited relief at tills
UK grocery inflation edged down to 5.0 percent over the four weeks to 10 August, from 5.2 percent a month earlier, according to Worldpanel by Numerator.


HICL Infrastructure sells £225 million asset portfolio to Dutch pension fund
HICL Infrastructure has agreed to dispose of seven UK public-private partnership assets to Dutch pension services provider APG for a total consideration of approximately £225 million, as the investment trust continues its strategy of selective asset sales.


UK consumer confidence hits eightmonth high following BOA cut
UK consumer sentiment has reached its strongest level since October last year, according to new data released this morning, as households responded positively to the Bank of England’s recent interest rate reduction to 4%.


Asking prices for UK homes drop but sales surge in July
Britain’s housing market is showing mixed signals as summer demand remains robust but prices slip, property site Rightmove said.
bottom of page