Less Ads, More Data, More Tools Register for FREE

Pin to quick picksCSP.L Share News (CSP)

  • There is currently no data for CSP

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Sunday newspaper round-up: Restrictions, Brexit, Pennon

Sun, 15th Nov 2020 21:43

(Sharecast News) - Today's death toll, which is usually lower on Sunday and Monday due to weekend reporting lags, is up by just 12 from last Sunday - in a sign that fatalities may be flattening out. It comes after the head of the Office for National Statistics said that growth in infections is 'slowing' too. Some 24,962 new confirmed cases of coronavirus were reported today- just five more than last Sunday. Professor Sir Ian Diamond says that while there remains an increase in the number of Covid cases, the data shows a 'slowdown in the rate of growth', providing a small ray of hope for an end to harsh countrywide restrictions. - Financial Mail on Sunday
The departure of Dominic Cummings from Downing Street will not lead to fresh concessions to get a Brexit deal over the line, Boris Johnson's chief negotiator has warned. In a clear message to Brussels and London before resuming talks this week, Lord Frost said that Britain's red lines had not changed. Any settlement had to be "compatible with our sovereignty", he insisted. "That has been our consistent position from the start and I will not be changing it," he posted on Twitter. - Sunday Times

Water giant Pennon is looking into a takeover of embattled rival Southern Water. The FTSE 100 owner of South West Water recently sold waste business Viridor to private equity titan KKR for £4.2bn, netting £3.7bn of cash. It has told shareholders it is keen to recycle that cash via a takeover, rather than hand it back to them. Pennon, run by new boss Susan Davy, is also understood to have run the rule over Wessex and Bristol Water, but Southern is thought a more likely target. - Sunday Times

Big supermarkets should hand back almost £2bn in business rates relief on offer during the coronavirus pandemic because they are paying out dividends to shareholders, according to a former minister in Boris Johnson's government. [...] In total the big six supermarkets - Tesco, Sainsbury's, Asda, Morrison, Aldi and Lidl - will save £1.9bn in bills during the tax year to 31 March 2021, according to figures from Altus Group, a property adviser. - Guardian

Countryside Properties is facing demands for a break-up from an American hedge fund that has been rapidly building a stake in the housing giant. Browning West has told Countryside to sell its housebuilding arm and also wants a board seat, Sky News reported. The hedge fund disclosed a 5pc stake in the FTSE 250 business, which is valued at £2bn, less than two months ago. It has since increased its stake to 8pc. - Sunday Telegraph

Billionaire Fred Done is backing a £2.9bn takeover bid for William Hill by Las Vegas casino operator Caesars Entertainment. The betting tycoon, William Hill's biggest investor, will back the swoop when it is put to a shareholder vote on Thursday, according to sources close to the businessman. Caesars struck a deal with the William Hill board in September after US private equity fund Apollo tabled a competing bid. - Sunday Telegraph

Royal Mail is edging towards a truce in its long-running modernisation battle with unions - just as its postal workers are deluged by a surge in parcel deliveries. Britain's 504-year-old postal service will this week reveal a boost for its parcels business, GLS, when it posts results for the six months to September 27. The Covid-19 crisis has accelerated a shift away from letters and towards parcels, though these are costlier to deliver. - Financial Mail on Sunday
More News
11 Nov 2022 11:56

IN BRIEF: Vistry completes takeover of Countryside Partnerships

Vistry Group PLC - Kent, England-based housebuilder - Completes GBP1.25 billion acquisition of Essex-based operative builders company Countryside Partnerships PLC. On Thursday, High Court of Justice in England & Wales sanctioned the takeover, with Countryside shares being suspended since Friday morning. Vistry applies to admit 127.4 million new shares on the premium listing segment of the official list and to trading on the London Stock Exchange's main market. It expects trading to take place on Monday morning. Vistry stays in the FTSE 250 following the takeover.

Read more
8 Nov 2022 18:39

RPS Group to join FTSE 250, as Vistry buys Countryside Partnerships

(Alliance News) - Countryside Partnerships PLC will leave the FTSE 250 index on Friday, as its takeover by midcap peer Vistry Group PLC takes effect

Read more
25 Oct 2022 15:54

UK shareholder meetings calendar - next 7 days

Wednesday 26 October 
JPMorgan Global Growth & Income PLCAGM
KCR Residential REIT PLCAGM
International Consolidated Airlines Group SAEGM aircraft purchase
Mid Wynd International Investment Trust PLCAGM
Mirada PLCAGM
Omega Diagnostics Group PLCAGM
Thursday 27 October 
Alumasc Group PLCAGM
Anglesey Mining PLCAGM
Brooks Macdonald Group PLCAGM
City Of London Investment Trust PLCAGM
Filtronic PLCAGM
Hargreaves Services PLCAGM
National Milk Records PLCAGM
Ovoca Bio PLCAGM
PCI-PAL PLCAGM
Provexis PLCAGM
Real Good Food PLCAGM
South32 LtdAGM
TheWorks.co.uk PLCAGM
TruSpine Technologies PLCAGM
Tufton Oceanic Assets LtdAGM
Wesfarmers LtdAGM
Friday 28 October 
ITM Power PLCAGM
Kibo Energy PLCAGM
Mattioli Woods PLCAGM
Shepherd Neame LtdAGM
Tirupati Graphite PLCAGM
The Investment Co PLCAGM
Monday 31 October 
Aberforth Split Level Income Trust PLCAGM
B&M European Value Retail SAGM appointment of directors
Brown Advisory US Smaller Cos PLCAGM
City of London Investment Group PLCAGM
GSTechnologies LtdAGM
London Finance & Investment Group PLCAGM
M&C Saatchi PLCGM re takeover offer from Next Fifteen Communications
Springfield Properties PLCAGM
Superdry PLCAGM
Tavistock Investments PLCAGM
Time Finance PLCAGM
Tuesday 1 November 
Allied Minds PLCGM delisting of shares
Capita PLCGM re disposal of Pay360 Ltd
Countryside Partnerships PLCGM admission of the New Vistry Shares
JPMorgan Mid Cap Investment Trust PLCAGM
KR1 PLCAGM
Ikigai Ventures LtdAGM
Murray Income Trust PLCAGM
OPG Power Ventures PLCAGM
VietNam Holding LtdAGM
Vistry Group PLCGM Countryside acquisition
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

Read more
25 Oct 2022 11:03

Jefferies slashes targets for UK housebuilders to reflect downturn scenarios

(Sharecast News) - Analysts at Jefferies took an axe to their target prices for several of the UK's largest homebuilders, telling clients that bottom fishing in the sector might prove premature as industry data had yet to reveal the full extent of the recent financial and political turmoil.

Read more
24 Oct 2022 10:12

LONDON BROKER RATINGS: HSBC raises BP, Land Securities, British Land

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday afternoon:

Read more
14 Oct 2022 09:47

Vistry appoints Countryside Partnerships Tim Lawlor as finance chief

(Alliance News) - Kent, England-based housebuilder Vistry Group PLC on Friday appointed Countryside Partnerships PLC's Chief Financial Officer Tim Lawlor into the same role, ahead of its GBP1.25 billion merger with Countryside Partnerships.

Read more
14 Oct 2022 07:33

Vistry COO steps down ahead of proposed Countryside merger

(Sharecast News) - Housebuilder Vistry said on Friday that chief operating officer Graham Prothero will stand down from the group following the completion of its proposed combination with Countryside Partnerships.

Read more
26 Sep 2022 10:06

LONDON BROKER RATINGS: Berenberg likes OSB; JPMorgan cuts BP

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

Read more
21 Sep 2022 09:37

LONDON BROKER RATINGS: Citigroup cuts Flutter to 'neutral' from 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

Read more
5 Sep 2022 16:55

LONDON MARKET CLOSE: Miners, oil majors and defence shield FTSE 100

(Alliance News) - A resilient FTSE 100 grew in confidence and edged marginally higher on Monday, though European peers struggled, in a downbeat session dominated by energy supply worries on the continent.

Read more
5 Sep 2022 12:35

REPEAT: LONDON MARKET MIDDAY: PMIs, Gazprom send European stocks lower

(Correcting that New York is closed for holiday on Monday.)

Read more
5 Sep 2022 12:15

LONDON MARKET MIDDAY: Rough PMIs, Gazprom send European stocks lower

(Alliance News) - Stock markets were being sold off on Monday, after Russia cut off gas supply via a key pipeline and a series of private sector surveys confirmed the damage being done to the European economy.

Read more
5 Sep 2022 09:06

TOP NEWS: Vistry to buy Countryside Partnerships for GBP1.25 billion

(Alliance News) - Vistry Group PLC on Monday announced it is buying Countryside Partnerships PLC, a Brentwood, Essex-based housebuilder and urban regeneration company.

Read more
5 Sep 2022 08:48

LONDON MARKET OPEN: Countryside and Vistry sign GBP1.3 billion merger

(Alliance News) - Stocks in London were under pressure at the opening bell on Monday, as the mood turned sour on Friday evening after Russia shut off access to a key gas pipeline.

Read more
5 Sep 2022 07:51

LONDON MARKET BRIEFING: Gazprom's move gets week off to bumpy start

(Alliance News) - Stocks in London are set to kick off the new week on the back foot, as Russia's move to stop gas deliveries to Europe is giving investors pause, amid growing fears of an energy crisis.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.