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BP Pays Louisiana $350m to Settle Spill Claims
UK Stock News

BP Pays Louisiana $350m to Settle Spill Claims

BP will pay Louisiana a single $350m instead of $373m due over seven years, and the deal also settles the remaining parish coastal lawsuits over the 2010 Deepwater…

1 week ago

Inchcape Sinks 9% on Australia Margin Cut

Inchcape has cut its 2026 operating margin guidance because of a weak performance in Australia, and Deutsche Bank has since lowered its price target. The shares sit well…

Fintel Buys Mortgage Brain for £38.4m

Fintel has bought the rest of Mortgage Brain for £38.4m, adding mortgage software to its wealth and insurance tools, but the deal lifts its leverage to 2.54x pro…

Bezant Takes £4m Yorkville Loan Over Placing

Bezant Resources has drawn a £4m loan from Yorkville-managed lender YA II PN rather than sell shares, but warrants and a planned at-the-market facility mean dilution is delayed,…

Unite Group Sells Academy School for £40.7m

Unite Group has exchanged contracts to sell the academy school at its newly completed Hawthorne House development in London for £40.7m, with proceeds initially set to reduce leverage.

GBG Chair Richard Longdon to Retire

GBG chair Richard Longdon will retire on the 30th of November for personal reasons, leaving the board to find a successor with the shares near 52-week lows and…

Valterra Refined Output Falls 41%, Guidance Held

Valterra Platinum’s refined output fell 41% in the third quarter as maintenance and stock counts were moved forward, while M&C production fell 6%, with Amandelbult hit by safety…

evoke Revenue Falls 7%, Takeover On Track

evoke’s third-quarter revenue fell 7%, but the William Hill owner says trading was broadly stable once shop closures and generous sports results are stripped out, with its takeover…

Debenhams Group Swings to Profit on Lease Credit

Debenhams Group, formerly boohoo, has reported its first pre-tax profit since August 2021, but a non-cash lease credit flatters it. Underneath, growth is returning, margins are rising and…

Taylor Maritime Confirms $45m Capital Return

Taylor Maritime has sold three more ships, confirmed a $45m capital return to shareholders and is down to its last two vessels, with a delisting to be planned…

UK Retail Sales Preview: August Volumes in Focus

The Office for National Statistics publishes September retail sales volumes tomorrow, Friday, at 07:00 UK time, after August’s 0.5% rise. This preview sets out the recent pattern and…

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