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IFR Capital says no material change as shares slump
Friday 10 Oct 2008
Acquisitive food group IFR Capital said it noted movement in its share price but said there has been no material change since announcing its interims in September.
Friends Provident reconfirms "strong" capital position
Friday 10 Oct 2008
Insurer Friends Provident released a statement late Friday reconfirming its strong capital position.
Channel 4 abandons digital radio move
Friday 10 Oct 2008
Broadcaster Channel 4 has abandoned plans to move into digital radio, blaming a slump in advertising for the decision.
Philip Green denies Sainsbury's stake buy
Friday 10 Oct 2008
Billionaire shop owner Philip Green has denied talk that he has picked up a 3% stake in supermarket giant Sainsbury’s from forced seller Robert Tchenguiz.
Tesco cuts petrol price by 3p
Friday 10 Oct 2008
Tesco cut 3p off the price of petrol today, but hard-up motorists were unimpressed, wondering why they are still paying way over 100p a litre when oil prices have plunged more than 40% since July.
TV's Alan Sugar takes Woolworths stake
Friday 10 Oct 2008
Computer millionaire and TV star Sir Alan Sugar thinks Woolworths is worth a punt having just snapped up almost 4% of the battered high street retailer.
New Issues Round Up
Friday 10 Oct 2008
Two companies this week announced that they plan to move the listing of their shares from AIM to the London Stock Exchange’s main market.
Real Office attracts partial offer at 16p
Friday 10 Oct 2008
Real Office Group, floated in September last year to buy commercial interiors businesses, has received an offer to buy a 74.4% stake in the firm.
Barclays confirms need for new funds
Friday 10 Oct 2008
Barclays shares tumbled again today as it confirmed it is looking at raising capital alongside other options to strengthen its balance sheet.
Soco admits talks to sell most of assets
Friday 10 Oct 2008
Oil and gas group Soco International rallied hard Friday after receiving an early stage bid approach.
Update: Waitrose benefits as Brits hit the bottle
Friday 10 Oct 2008
Britons are reaching for the bottle in an effort to forget the credit crunch, helping sales at posh supermarket Waitrose jump 1.9% last week to almost £75m.
International business costs DragonWave
Friday 10 Oct 2008
Wireless networks supplier DragonWave has reported a big increase in second quarter losses as its hikes sales and marketing spend to support the international business.
Lonrho establishes Angolan aggregates business
Friday 10 Oct 2008
Africa-focused conglomerate Lonrho is to set up a project to supply aggregates to the Angolan construction industry.
Xploite wins £2.8m contract with leisure firm
Friday 10 Oct 2008
IT services company Xploite said its managed services and storage unit Anix has bagged a £2.8m contract with an unnamed leisure firm.
Red24 sees FY in line
Friday 10 Oct 2008
AIM-listed personal security and training group Red24 said trading has been in line with forecasts and remains confident of meeting market expectations.
Strategic Thought losses narrow
Friday 10 Oct 2008
Strategic Thought is nearing profitability after revenues from its core enterprise risk management operations increased by 67% to £3.4m in the six months to 30 September 2008.
RPS acquires Paras for £6.4m
Friday 10 Oct 2008
Energy and environmental consultancy group RPS has acquired Paras, a company that provides strategy consultancy advice to oil and gas companies such as BP and BG Group, for a maximum of £6.4m.
Turbo Power scraps Ram-Fan contract
Friday 10 Oct 2008
Turbo Power Systems is set to lose out on millions of dollars in production revenues after agreeing to scrap a contract with Hamilton Sundstrand.
Innovation FD steps down
Friday 10 Oct 2008
Insurance software group Innovation confirmed that Paul Hemsley has, by mutual agreement, agreed to step down as the group's finance director.
Renishaw profit jumps, confident for FY
Friday 10 Oct 2008
Engineer Renishaw said trading for the three months to end September had been strong and while worldwide economic conditions are uncertain the group remains confident of prospects for the current year.

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