Schroders’ Ground Rents Income Fund has published a its long-delayed full year results for the year to 30 September 2023. The trust revealed that “significant challenges… largely out of its …
July 2024
Smith & Nephew shares jump after activist investor Cevian takes stake
Shares in medical equipment manufacturer Smith & Nephew jumped on Thursday after it disclosed Cevian Capital, Europe’s largest activist investor, had taken a stake. The FTSE 100 firm’s stock price …
Assura boss warns of ‘severe’ pressures on health infrastructure alongside solid results
The CEO of health property investor Assura warned alongside its first quarter results that the UK’s healthcare crisis is getting more severe and putting unprecedented pressure on the sector’s infrastructure. …
Peel Hunt enjoys revenue boost amid ‘pick up’ in capital markets activity
Peel Hunt has reported increased revenue this year amid signs of a recovery in IPO activity as the investment bank and London Stock Exchange alike look to bounce back from …
London-listed Spectris snaps up US-based Sciaps in £205m deal
Precision equipment manufacturer Spectris has agreed a deal to acquire Boston-headquartered Sciaps for $260m (£205m). The London-listed firm said the transaction, which is still subject to regulatory approval, would be …
Balance sheet is ‘robust,’ insists plastics firm Victrex
Victrex has insisted its balance sheet has been “robust” as it looks to turnaround a recent share slide. The FTSE 250 firm, which makes polymers designed to support CO2 reduction, …
Newriver Reit to more than double its retail portfolio following acquisition
London-listed Newriver Reit has acquired the retail and town centre investment manager Ellandi in a move which will bring the landlord’s assets under management to £2bn. Newriver, whose tenants include …
West End landlord GPE ready to ‘accelerate into favourable conditions’
West End property investment giant Great Portland Estates (GPE) said this morning that it is primed to grow “into increasingly favourable conditions” after it completed a bumper rights issue last …
UK payment firms urge next government to make tech giants refund fraud victims
The UK payments industry has issued an election-day plea for the next government to make tech giants liable for the reimbursement of fraud victims in a bid to alter new …
Election 2024: Starmer won’t put figure on keeping Port Talbot steelworks open
Sir Keir Starmer has refused to say how much money he would be willing to spend to prevent Tata Steel’s Port Talbot plant closing. The Labour leader said he will …