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Highlights:,Thames Water faces mounting pressure with over £16 billion in debt and limited financial runway.,Reform UK's Richard Tice advocates for renationalisation, criticising private-sector interventions.,Government and Thames Water prefer a market-le...

• December 13, 2024 10:48 AM GMT
• Team Kalkine Media

Highlights:,UK consumer confidence index edges up to -17, reflecting slight improvement from November.,Sentiment around personal finances shows positive movement, though economic outlook remains stagnant.,Cautious optimism emerges ahead of the key Christm...

• December 13, 2024 10:48 AM GMT
• Team Kalkine Media

Highlights:,Biotech and Pharma Lead Gains:,Exceptional performance in biotechnology and pharmaceutical stocks boosted returns.,Weight-Loss Drug Developer Zealand Pharma Shines:,Zealand Pharma's value soared by 155% on promising weight-loss drug trials.,Ne...

• December 13, 2024 10:48 AM GMT
• Team Kalkine Media

Highlights:,Kosmos Energy explores acquisition of Tullow Oil:,Discussions are in early stages, with no confirmed offer yet.,Regulatory timeline set for January 2025:,Kosmos has until 9 January to formalize or withdraw its offer under the UK Takeover Code....

• December 13, 2024 10:48 AM GMT
• Team Kalkine Media

Highlights:,Boohoo firmly opposes Mike Ashley joining its board:,The retailer stated it would not accept his appointment “under any circumstances.”,Frasers Group accused of conflicts of interest:,Boohoo cited "irreconcilable conflicts" linked to Ashley an...

• December 13, 2024 10:48 AM GMT
• Team Kalkine Media

Highlights:,Royal Mail fined £10.5 million by Ofcom:,The penalty stems from missed delivery targets in the 2023/24 financial year.,Performance below required benchmarks:,First and Second Class mail delivery rates significantly lagged behind regulatory exp...

• December 13, 2024 10:48 AM GMT
• Team Kalkine Media

Highlights:,Secondary listing completed on the JSE:,Supermarket Income REIT expands its presence with a new listing in South Africa.,Broader investor base and liquidity enhancement:,The JSE listing aims to diversify the shareholder register and improve tr...

• December 13, 2024 10:48 AM GMT
• Team Kalkine Media

Highlights:,Drilling suspended due to severe weather:,Adverse conditions at Colorado’s Galactica-Pegasus site delay operations until mid-January.,No impact on overall timeline:,Helium One confirms the project remains on track for first-half 2025 productio...

• December 13, 2024 10:48 AM GMT
• Team Kalkine Media

Highlights:,GDP falls 0.1% in October:,Declines in manufacturing, mining, and construction output drive contraction.,Service sector remains flat:,Growth in telecoms and legal firms offsets weakness in retail and hospitality.,Year-on-year growth slows:,GDP...

• December 13, 2024 10:48 AM GMT
• Team Kalkine Media

Highlights:,Chairman adds one million shares:,Steven Marshall acquires shares at an average price of 90.7p, boosting his total holding.,Directors’ ownership reaches 1.95%:,Combined holdings of directors and the Investment Manager underscore confidence in ...

• December 13, 2024 10:48 AM GMT
• Team Kalkine Media