Aptly named restaurant group Tasty has agreed a 2.5m-pound three-year revolving bank facility which will allow it to continue the expansion of its restaurant estate. Shares in gaming firm Sceptre Leisure plunged over 50% as it announced plans to cancel its listing on AIM, saying the share price do
Read moreShares failed to recover from an early slide as ongoing worries over the Eurozone situation continued to cast a shadow. The FTSE 100 closed down 108 points. Greek Prime Minister George Papandreou has cancelled a planned trip to the US to guide Greece through what could be a critical seven day peri
Read moreLondon's blue chip index is stuck below 5,300 points as the Eurozone saga rumbles on. Investors seeking a resolution to the problems were disheartened after a meeting of EU finance ministers in Poland on Friday failed to live up to expectations. "There is a firm 'risk-off' tone to the start of the
Read moreAdventis, the marketing and advertising firm, has announced it is to close its healthcare division after suffering significant losses. The firm says it has started an "orderly wind down" with 24 staff to be made redundant or redeployed. The winding down process will result in a £1m impairment to g
Read moreA goodwill impairment charge on Adventis's Health and Property business meant that the firm fell into the red in 2010. Even chairman Nick Winks honestly admitted, "2010 was not a good year." The marketing and advertising firm said that turnover was broadly unchanged at £28.65m (£28.33m in 2009), w
Read moreShares in Adventis plummeted on Tuesday after the marketing and advertising firm revealed that it expects to report a loss for the year ended 31 December, as a further downturn in trading at its health division has offset growth in technology, media and property. Adventis announced on 27 January th
Read moreMarketing agency Adventis' healthcare business has experienced a 'very considerable' downturn and will post a £0.26m loss for the full year. Full year results may also contain a significant goodwill impairment charge. For the full year underlying profits will be approximately £0.45m. Clothing gr
Read moreMarketing and advertising agency Adventis said trading to date has been 'generally' in line with expectations, adding that 2010 remains challenging. The healthcare business continues to perform well, but there is some evidence of a slowdown affecting the sector, the group said. The technology and
Read moreBritish coal miner UK Coal expects to record an operating loss in 2009 of around £65m (2008: £0.7m loss) with an overall loss before taxation and exceptional items, including the non-cash reduction in property valuation, at around £115m (2008: £15.7m). In line with previous guidance, total product
Read moreCluff Gold boss Algy Cluff has cut his stake in the West Africa-focused mining company. The company's chairman and chief executive raised £280,000 from the sale of 400,000 shares, which he obtained through exercising options at 20p a share. That means that he made a £200,000 profit on the shares.
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