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Highlights:,Harland & Wolff's shipyards in Northern Ireland, Scotland, and Devon saved by Navantia's acquisition.,Spanish defence group secures improved terms on a £1.6bn contract for Royal Navy fleet solid support vessels.,The rescue safeguards 1,200 job...

• December 19, 2024 10:22 AM GMT
• Team Kalkine Media

Highlights:,Clean Power Hydrogen PLC raises £6.1 million via placing and share subscription to support technology development.,Funds to drive the commercialisation of Membrane-Free Electrolyser (MFE) technology.,Milestone achieved with the successful Fact...

• December 19, 2024 10:22 AM GMT
• Team Kalkine Media

Highlights:,FCA extends the complaint response deadline for motor finance firms to 4 December 2025.,Legal ruling on non-discretionary commission payments opens potential for significant compensation payouts.,Supreme Court to hear appeals, impacting major ...

• December 19, 2024 10:22 AM GMT
• Team Kalkine Media

Highlights:,Thames Water fined £18.2 million for breaching licence conditions on dividend payouts.,Ofwat allows Thames Water to raise customer bills by 35% over the next five years.,Penalty reduced due to Thames’s “cash lock-up” status and first-offence c...

• December 19, 2024 10:22 AM GMT
• Team Kalkine Media

Highlights:,Vultr raises $333 million in its first funding round, valuing the company at $3.5 billion.,Capital will support global data center expansion and investment in GPUs for AI applications.,Strategic partnerships with AMD and LuminArx bolster Vultr...

• December 19, 2024 10:22 AM GMT
• Team Kalkine Media

Highlights:,Chill Brands settles dispute with former directors, securing ownership of Chill.com and associated trademarks.,The settlement enables the company to avoid further legal costs and redirect focus on business growth.,The 2024 financial report is ...

• December 19, 2024 10:22 AM GMT
• Team Kalkine Media

Highlights:,Average water bills to rise by 36% over five years, funding £104 billion in upgrades.,Thames Water faces a 35% bill increase, below its requested 53% hike.,Listed firms Severn Trent, Pennon, and United Utilities granted significant increases i...

• December 19, 2024 10:22 AM GMT
• Team Kalkine Media

Highlights:,Hemogenyx partners with Kure.ai to develop an ultrafast manufacturing (UM) process for CAR-T therapies.,The collaboration targets faster, scalable production for AML and KMT2A-rearranged ALL treatments.,Hemogenyx gains an option to license Kur...

• December 19, 2024 10:22 AM GMT
• Team Kalkine Media

Highlights:,The Bank of England is expected to keep the base interest rate steady at 4.75% during its upcoming meeting.,Inflation has risen to 2.6%, driven by strong wage growth of 5.2% over the year to November.,Economic stagnation limits scope for stimu...

• December 19, 2024 10:22 AM GMT
• Team Kalkine Media

Highlights:,Britain’s manufacturing output fell sharply by a balance of -25% in Q4 2024, the fastest decline since mid-2020.,Order books experienced a significant drop from -19% in November to -40% in December.,A combination of weakening external demand a...

• December 19, 2024 10:22 AM GMT
• Team Kalkine Media