Pharos Energy reports 1H25 trading update, Vietnam drilling near

Pharos Energy reported 1H25 working interest production of 5,642 boepd (guidance 5,000 to 6,200 boepd unchanged) and revenue of about $65.3m..

Ilika FY25 results: Stereax manufacturing shift, Goliath roadmap

Ilika reported results for the year ended 30 April 2025. The group advanced transfer of Stereax miniature solid state battery manufacturing to Cirtec in the US and validated Goliath EV prototypes, including scale up work at UKBIC...

KEFI Gold and Copper Commence Tulu Kapi Community Resettlement Programme

KEFI have also seen major international gold investment institutions become KEFI shareholders, including Ruffer Gold, Konwave/Gold 2000 and Phoenix Gold Fund..

Tirupati Graphite achieves 49% production growth and strengthens outlook

Tirupati Graphite plc reported a 49% increase in flake graphite production to 7,096 MT for the year ended 31 March 2024, supported by successful fundraising and board-led restructuring that have reinforced its financial position...

Ilika secures £1.25 million grant for Goliath A-sample production

Ilika will receive £1.25 million from the APC Demonstrate fund to produce its first Goliath A-Sample solid-state batteries in a 12-month PRIMED programme with HSSMI and UKBIC, starting 1 August 2025...

Norcros to acquire Fibo Group for c. £45 million

Norcros has agreed to acquire Fibo Group from FSN Capital for an enterprise value of NOK 618 million (c. £45 million), subject to UK Competition and Markets Authority clearance...

Challenger Energy advances Uruguay seismic plans

Challenger Energy has advanced the environmental permitting for its AREA OFF-1 licence in Uruguay, keeping the project on track for 3D seismic acquisition in the fourth quarter of 2025...

Tern launches £642,486 underwritten Open Offer

Tern Plc is raising approximately £642,486 before expenses through an underwritten Open Offer of 64,248,646 shares at 1.00p each, a 16.7 per cent discount...

Touchstone Exploration Q2 production up at Central Block

Touchstone Exploration reports that following its 16 May 2025 acquisition of Shell Trinidad Central Block Ltd it delivered quarter-over-quarter production growth at the Central Block licence in Trinidad and Tobago...

FTSE 100 climbs as UK nears breakthrough in US tariff talks

Investor optimism soars in London as the UK nears a pivotal trade deal with the US, fueling gains in the FTSE 100 amidst global economic challenges...

Vodafone Group Plc completes Three UK merger

Vodafone and CK Hutchison have successfully merged Vodafone UK and Three UK, creating VodafoneThree, a leading force in UK mobile connectivity and 5G network advancements...

Dai-ichi Life and M&G agree strategic partnership

M&G Plc and Dai-ichi Life Holdings have formed a strategic partnership aimed at enhancing asset management and life insurance, targeting $8 billion in new business flows...

National Grid completes sale of Renewables business to Brookfield

National Grid plc has finalized the sale of its National Grid Renewables business to Brookfield Asset Management and its partners, marking a significant industry shift...

Hiscox Ltd appoints Peter Clarke as incoming Chair, effective 1 July 2025

Hiscox Ltd announces Peter Clarke as Chair designate, effective June 2025, bringing extensive financial services expertise to support the company's growth...

Computacenter Plc H1 2025 Trading Outlook

Computacenter plc delivered strong revenue growth in the half year to 30 June 2025, driven by its high‑volume Technology Sourcing business and excellent North America and UK performances, offset by softer trading in Germany and France and a c.£2 million currency headwind...

FirstGroup plc Acquires Tetley’s Motor Services

FirstGroup plc has acquired Leeds‑based Tetley’s Motor Services Limited, adding 55 coaches and buses and a robust portfolio of school, university, workplace shuttle and private‑hire contracts across the West Yorkshire Combined Authority Area...

Marshalls H1 trading update shows 4% revenue growth, profit outlook revised

Marshalls plc reports H1 2025 revenue of £319 million, up 4%, driven by 5% growth in Building Products and 11% in Roofing Products, while Landscaping Products revenue fell 1% amid market headwinds...

FirstGroup Plc AGM confirms trading in line with FY 2025 expectations

FirstGroup plc holds its AGM today at 14:30, noting its year-to-date trading performance aligns with the guidance set out in the FY 2025 results. The Group expects to maintain adjusted earnings per share in FY 2026 through operational excellence and disciplined capital deployment...

Close Brothers to sell Winterflood Securities to Marex for £103.9m

Close Brothers Group has agreed to sell its execution services and securities arm, Winterflood Securities, to Marex Group for approximately £103.9 million in cash...

Supermarket Income REIT launches £250 million six‑year bond

Supermarket Income REIT has issued its inaugural £250 million senior unsecured bond maturing in six years, priced at a 5.125 % coupon and 115 bps over benchmark amid an orderbook exceeding £985 million...

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