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Sunak extends reduced VAT for hospitality sector till March 2021
September 26, 2020 06:48 PM BST| By Team Kalkine MediaSummary The chancellor Rishi Sunak extended the period for reduced VAT from 20 to 5 per cent for the hospitality and tourism sectors until end-March 2021. The measure is likely to protect around 2.4 million jobs in the sector. The VAT cut ext.....
TruFin Plc reports a 34% surge in H1 2020 revenue
September 26, 2020 06:37 PM BST| By Team Kalkine MediaTruFin Plc (LON: TRU) has announced its results for the six months ended 30 June 2020. There was a 34 per cent increase in combined gross revenues for the Group to £4.2 million as compared to £3.1 million for H1 2019. The Group's loss...
SimiGon Limited reports a 50% decline in revenue for H1 2020
September 26, 2020 06:36 PM BST| By Team Kalkine MediaSimiGon Limited (LON: SIM) has released results for the six months ended 30 June 2020. Revenues of the company declined by 50 per cent to $1.35 million as compared to $2.68 million in H1 2019. The lower revenue numbers reflected the slower pr...
Arkle Resources Plc informs positive results from Inishowen Gold Project
September 26, 2020 06:31 PM BST| By Team Kalkine MediaArkle Resources Plc (LON: ARK) has informed about encouraging results from soil sampling at Inishowen Gold Project. The company’s wholly-owned Inishowen gold project in Ireland’s Donegal County has yielded positive results indicating a...
Petroneft Resources Plc’s revenue for FY19 declines to US$ 1.44 million
September 26, 2020 06:28 PM BST| By Team Kalkine MediaPetroneft Resources Plc (LON: PTR) has released its final results for the year ended 31st December 2019. The company reported Revenue from continuing operations of US$ 1.44 million as compared to US$ 1.77 million. The loss after taxation for the...
Remote Monitored Systems Plc report loss after tax of £225,224 in H1 2020
September 26, 2020 06:27 PM BST| By Team Kalkine MediaRemote Monitored Systems Plc (LON: RMS) has released its half-yearly report for the six months to 30 June 2020. For the reported period, the company posted a loss after tax from continuing operations of £225,224 as compared to £361,906...
How Will Smartphones Look Like In 2030?
September 26, 2020 03:15 PM BST| By Ipsita SarkarMoore’s Law predicts that the speed and performance of a circuit will double every two years. And this continues to shape the trajectory of technology. The law has become a golden rule for pretty much all things digital, including those littl.....
Job Market Cheers With New Vacancies At The Highest Level Since Lockdown
September 26, 2020 03:02 PM BST| By Team Kalkine MediaThe jobs recovery tracker from the Recruitment & Employment Confederation (REC) for the week between 14 and 20 September 2020 showed highest number of new job postings since the beginning of March 2020. There were approximately 129,000 new job .....
How Is Wall Street Poised Ahead of Presidential Elections & Mixed Economic Signs?
September 26, 2020 08:07 AM BST| By Team Kalkine MediaSome experts argue that the share market is an economic and not a political barometer. Given interlinkages between economics and equity space, the micro and macroeconomic indicators continue to drive the American share market. However, there is no .....
Shaftesbury Plc collects 41% of rents due for the six months to 30 September 2020
September 25, 2020 10:55 PM BST| By Team Kalkine MediaShaftesbury Plc (LON: SHB) has released its trading update for the period 1 April 2020 to 24 September 2020. The company has stated that since the easing of Government restrictions started to take effect from late June, the West End has seen a ste...
Coronavirus Update: New Employment Plan Unveiled By Sunak To Replace The Furlough Scheme
September 25, 2020 06:23 PM BST| By Team Kalkine MediaSummary The new jobs support scheme to replace the furlough scheme Shall start on 1 November 2020 and will last for a period of six months Scheme applicable to only viable jobs and open to all small and medium sized businesses Time period for.....
Camellia Plc reports revenue of £114.9 million for H1 2020
September 25, 2020 02:00 PM BST| By Team Kalkine MediaCamellia Plc (LON: CAM) has released the results for the six months ended 30 June 2020. The company’s Revenue from continuing operations for the period stood at £114.9 million, lower as compared to £117.3 million for the six mont...
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Why Sunak’s Jobs Support Scheme Is Not Enough For Hospitality, Retail, And Entertainment Sectors?
September 25, 2020 01:58 PM BST| By Team Kalkine MediaSummary The sectors hit hardest by the coronavirus pandemic face uncertainty over their future and say that the Jobs Support Scheme is not enough for them Hospitality, retail, and entertainment, among others, who have workers on zero-hours cont.....
Marlowe Plc acquires Morgan Fire Protection Limited
September 25, 2020 01:50 PM BST| By Team Kalkine MediaMarlowe Plc (LON: MRL) has announced the acquisition of Morgan Fire Protection Limited for a net consideration of £5.0 million. Morgan Fire Protection Limited is into fire safety services primarily to SMEs, catering to areas around London an...
Lookers Plc and Aston Martin In Focus as The UK Car Output Falls 44.6% In August
September 25, 2020 01:33 PM BST| By Team Kalkine MediaSummary The output of the British car companies was down by nearly 350,000 units to 51,039 cars in August 2020 The demand for new cars has declined sharply due to the impact of Covid-19 pandemic The British car industry needs to brace up for a.....
A Large Number Of Businesses Are At Their Breaking Point: FCA
September 25, 2020 01:31 PM BST| By Team Kalkine MediaSummary The regulatory authority indicated that thousands of city firms were on the verge of a collapse due to the deteriorating state of the British economy, especially post lockdown. The authority stated the downsides of working from home arr.....
PM Johnson Urge Leaders at UN Climate Roundtable to Rebuild A Greener Planet
September 25, 2020 12:25 PM BST| By Team Kalkine MediaThe high-level UN climate change roundtable, which started on Thursday, 24 December 2020, is being conducted virtually, and most world leaders are expected to address it remotely. The summit this year is crucial as greenhouse emission measures worl.....
How much does YouTube pay the Creators?
September 25, 2020 07:47 AM BST| By Edita IvancevicYouTube started as an online video service, serving for the sole purpose of fun. It was exciting to wait for music videos to come out, probably without realising how big a business YouTube will become a few years later. Some of the people that sta.....
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Covid-19 vaccine race: AstraZeneca yet to resume US trials, Novavax starts phase 3 study
September 25, 2020 05:43 AM BST| By Team Kalkine MediaThe United States Food and Drug Administration (USFDA) is yet to give a go-ahead to AstraZeneca plc (LON: AZN) for restarting the clinical trial of its Covid-19 vaccine candidate, AZD1222, in the US. It is to be recalled that the pharmaceutical maj.....
CEPS Plc reports a 38.1% decline in H1 2020 revenue
September 25, 2020 05:01 AM BST| By Team Kalkine MediaCEPS Plc (LON: CEPS) has released its half-yearly results for the period ended 30 June 2020. Revenue from continuing operations for the reported period declined by an astonishing 38.1 per cent to £6,299,000 as compared to £10,174,000 H...
