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Medical Research Charities Face A Funding Gap; Pharma Industry Urges Government Help
September 01, 2020 02:11 PM BST| By Team Kalkine MediaThe medical research charities have suffered during the coronavirus pandemic due to a substantial fall in their income that comes from fundraising. This year there has been a gap of £310 million and since April 2020 many of the medical resear.....
UK Witnesses Low Recovery of White-Collared Jobs Due to Asymmetric Recovery
September 01, 2020 02:10 PM BST| By Team Kalkine MediaAs per a research conducted by a major carrier networking portal and jobs search engine LinkedIn in the United Kingdom, job creation across several key industries have been asymmetric. The data collated by the portal showed that white-collared job .....
Four Days Work Week Could Create Half A Million New Jobs, Says New Study
September 01, 2020 11:26 AM BST| By Team Kalkine MediaThe government’s furlough scheme would end in the next two months and there have been widespread outcries in the job market to not only protect the jobs but also to create new jobs. In order to control the rising unemployment as well as creat.....
Saga Plc Rejoices with Reports of Sir Roger De Haan’s Return as Chairman
September 01, 2020 05:11 AM BST| By Hina ChowdharyThe former top official of the holiday operator, Saga Group is planning to invest £100 million into the business while also making a comeback as the Chairman of the company. As part of efforts to restore its fortunes, Saga Group is anticipat.....
A £50 million funding boost for artificial intelligence in NHS
August 31, 2020 06:40 PM BST| By Team Kalkine MediaThe government has announced an investment of £50 million in the use of AI (artificial intelligence) across the NHS. The additional funding boost will scale up the work of existing Digital Pathology and Imaging Artificial Intelligenc...
UKEF to provide over £140 million of financing to support UK exports to Ghana
August 31, 2020 06:39 PM BST| By Team Kalkine MediaUK Export Finance (UKEF), in order to support the UK exports to Ghana, will be providing funding of £140 million to the nation. The financing support includes a direct loan of £27 million to the Ghanaian government, more...
Eat out to help out scheme not to be extended
August 31, 2020 06:39 PM BST| By Team Kalkine MediaThe chancellor of Exchequer, Rishi Sunak has urged the UK consumers to continue eating out at food chains and restaurants, as he winds up the government-funded dining scheme “eat out to help out” on 31 August 2020. The scheme w...
Plastic carrier bag levy to be extended to all retailers in the UK from April 2021
August 31, 2020 05:36 PM BST| By Team Kalkine MediaThe United Kingdom has deepened its fight against single-use plastics by confirming that the plastic carrier bag charge will be extended to all retailers from April 2021. As per the government notifications, billions of plastic bags being...
Work from Home Leading To Ravaging Sales of Pret a Manger and Wahaca
August 30, 2020 05:15 AM BST| By Team Kalkine MediaThe coronavirus pandemic has battered the UK economy since its emergence, and no sector has remained unscathed, with millions of job cuts planned due to the devastating impact. At the same time, the government's furlough scheme has allowed millions.....
Can Cineworld Stock Put Out an Alluring Show for Investors?
August 30, 2020 02:00 AM BST| By Team Kalkine MediaSummary Cineworld has been seeing a good rise in its share price since 11 August led by some rumours of takeover Rise in share price could also be attributed to the UK government’s decision to ease in the lockdown The company is looking .....
Curzon Energy Plc suffers a loss of USD 367,000 for H1 2020
August 30, 2020 01:06 AM BST| By Team Kalkine MediaCurzon Energy Plc (LON: CZN) has released its results for the six months to 30 June 2020. The Company suffered a loss of USD 367,000 in the reported period, most of which were expenditures in relation to the maintenance of the commercial p...
Tandem Group Plc expects better turnover and profit for H1 2020
August 30, 2020 01:04 AM BST| By Team Kalkine MediaTandem Group Plc (LON: TND) has released its trading update and details for the forthcoming investor meeting. The turnover and profit before and after-tax for the 6 months to 30 June 2020, despite the reduction in FOB business, are expecte...
New Century Aim Vct 2 Plc reports NAV decline of 2.5% for H1 2020
August 30, 2020 01:02 AM BST| By Team Kalkine MediaNew Century Aim Vct 2 Plc (LON: NCA2) has released its results for the six months to 30th June 2020. The NAV of the fund declined by 2.5 per cent to 48.3 pence when measured using bid-prices, compared to the FTSE AIM Allshare index. We ma...
Alba Mineral Resources Plc loss reduces in H1 ended 31 May 2020
August 30, 2020 01:00 AM BST| By Team Kalkine MediaAlba Mineral Resources Plc (LON: ALBA) has released its interim results for the six months ended 31 May 2020. The Group made a loss attributable to equity holders of the parent for the period, after taxation, of £303,788 as compared...
The Hut Group Plans Mega LSE Listing Amidst the Boom in The Online Retailing Sector
August 29, 2020 07:39 PM BST| By Team Kalkine MediaSummary The online retailing firm plans the biggest IPO on the London Stock Exchange this year with a valuation of £5 billion. The listing of the company is carefully moulded to protect it from any hostile takeover bids. The terms of the .....
Bigblu Broadband Plc reports lower revenue for 1H 2020
August 29, 2020 07:27 PM BST| By Team Kalkine MediaBigblu Broadband Plc (LON: BBB) has released half-year results for the six months ended 31 May 2020. The company’s revenue for the reported period stood at £25.8 million, lower as compared to £30.5million for 1H19. The lower revenu...
TOC Property Backed Lending Trust Plc reports NAV total return of -0.6% for H1 2020
August 29, 2020 07:27 PM BST| By Team Kalkine MediaTOC Property Backed Lending Trust Plc (LON: PBLT) has released its half-yearly report for the six months to 31 May 2020. The company for the reported period reported a NAV (Net Asset Value) total return of -0.6%. The average trading volumes were of...
Amigo Holdings Plc reports a 24.1% decline in net loan book Q1 FY 2021
August 29, 2020 07:25 PM BST| By Team Kalkine MediaAmigo Holdings Plc (LON: AMGO) has released its results for the three-month period ended 30 June 2020. The company’s number of customers declined by 5.2 per cent to 199k as compared to 210k for the first quarter to 30 June 2019. Net loan book...
Essentra Plc reports 11.7% revenue decline in H1 2020
August 29, 2020 07:24 PM BST| By Team Kalkine MediaEssentra Plc (LON: ESNT) has released its half-year ended 30 June 2020. The company’s revenue (at constant FX) decline by 11.7 per cent to £448.4million. Adjusted operating profit (at constant FX) slumped by 40 per cent to £29.0mi...
Covid-19 Impact: Rolls-Royce records losses; Aviation Sector Woes Seem to Continue
August 29, 2020 05:10 PM BST| By Team Kalkine MediaThe rapid spread of the pandemic has pushed the global economy into a severe slowdown. UK’s GDP shrank by 20.4 per cent during April to June 2020 quarter, according to the Office of National Statistics (ONS). Due to coronavirus induced.....
