Pinewood Studios’ share price jumps on profit increase and sale consideration February 10, 2016 Pinewood, the iconic studio behind the recent James Bond and Star Wars films has sent the company’s share price soaring after announcing it could put itself up for sale to "maximise value" for shareholders. Shares are up by almost 20 per cent in mid morning trading. Pinewood has appointed investment bank Rothschild to look into [...]
Flexible working at the point of recruitment unlikely to become a legislated requirement, says Nick Boles, and the best employers offer it anyway February 10, 2016 The right to request flexible working at recruitment stage is unlikely to be something that is formally legislated for, the Women and Equalities Select Committee was told this morning. When asked if his department would consider introducing the right at the point of recruitment, as this is a stage when many women face issues, Nick Boles, [...]
Hikma Pharmaceuticals’ share price plunges on lower offer for US drugs business February 10, 2016 Hikma Pharmaceuticals’ share price plummeted 20 per cent this morning, after the drugmaker slashed its offer price for Boehringer Ingelheim (BI)’s US generic drugs division. It almost halved the cash part of its offer for Roxane Laboratories from $1.18bn (£813m) to $647m, after due diligence into the company revealed that Roxane’s 2015 revenue was likely [...]
Carlsberg share price soars as sales beat expectations on strong Asia growth February 10, 2016 Carlsberg shares are soaring after the Danish brewer smashed analysts’ expectations on strong growth in Asia. The figures Carlsberg posted sales of 14.7bn Danish kroner (DKK) (£1.53bn) for the quarter ending 31 December 2015, ahead of the forecast DKK14.2bn. This marks a 2.8 per cent growth from the same period last year, when sales landed at [...]
Toymaker Hornby’s share price goes off the rails after latest profit warning February 10, 2016 Shares in model trainmaker Hornby have crashed by more than 50 per cent after the company issued yet another profit warning this warning and said it may breach its banking covenants. The Kent-based company behind Thomas the Tank Engine and Pocher car model kits, said a "disappointing sales performance" in the New Year is expected to result in a [...]
January winter storms caused $4bn in economic damage worldwide, although Storm Gertrude inflicted comparatively few problems February 10, 2016 Winter weather caused $4bn (£2.8bn) in economic damages across the world this January. According to a report which released yesterday by Aon, the winter snow storms that battered the east coast of the United States in the latter half of January, killing 58 people and causing states of emergency to be declared in 11 states, [...]
UK manufacturing rounds off a poor 2015 with end-of-year stagnation February 10, 2016 The UK's manufacturing sector ended its decline toward the end of last year, but contracted over 2015 as a whole. Factory output was the same in the final three months of 2015 compared with the three months to September, the Office for National Statistics said this morning. The stagnation rounded off a poor year for the [...]
London houses have missed out on huge price increases because of Night Tube delays February 10, 2016 Delays to the launch of the 24-hour Night Tube could have stripped billions of pounds in potential increases from property values across London, new figures reveal. The Night Tube's arrival was expected to push up house prices along the route by as much as 10 per cent on top of growth in surrounding areas. In [...]
Tullow Oil’s share price falls despite losses narrowing last year in the midst of falling oil prices February 10, 2016 Tullow Oil shares fell today, despite the company reporting that losses narrowed last year as the company said it's begun to renegotiate its debt with lenders. The Africa-focused oil group's share price was 7.43 per cent down, at 149.5p in mid-morning trading. [charts-share-price id="81"] Tullow warned that "banking discussions with regard to March 2016 re-determination have begun," as it reported that it finished [...]
UK skills gap: One in four firms looking overseas for tech talent February 10, 2016 UK firms are looking overseas to fill tech roles as the digital skills gap shows no sign of narrowing. One in four firms are looking overseas for IT talent, according to a survey of more than 1,000 managers done by recruiter Experis. But there’s a big difference across roles, the study shows. Development solutions jobs [...]
