4 Aug 2022 10:56
SMALL-CAP WINNERS & LOSERS: Mears profit climbs, Secure Trust's slides
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday.
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Don't have an account? Click here to register.Government throws £20m at Go-Ahead's Southern problem
Thu, 01st Sep 2016 12:47
(ShareCast News) - Westminster sent in a so-called 'hit squad' to deal with the struggling Southern Railway franchise on Thursday, as passengers continued to face severe disruption on the ailing operation.Transport Secretary Chris Grayling has given a team of "experienced figures" from the rail industry a budget of £20m to spend on improvements, including staffing at major stations and faster track upgrades."I want the Southern network to be run by a team of people who work together to make sure passengers get decent journeys and that problems are dealt with quickly," Grayling said in the Evening Standard, referring to the blame-game played by Southern and track operator Network Rail over infrastructure issues and delays.The squad will be headed by 30-year railwayman Chris Gibb, who was the former chief operating officer at Virgin Trains.Of the £20m, £2m has been earmarked for more rapid response teams to fix faults, £2.5m on faster maintenance of trains, £0.8m for additional signal supervisors and £0.09m on damage prevention at bridges.Additional staff will be posted at major stations, including Gatwick Airport and East Croydon, to ensure trains are dispatched on time.A passenger representative will also join the franchise review board, in a bid to give the long-suffering commuters of Southern a voice.The measures may not amount to much for passengers, however, as the railway unions continue their campaign against changes being made by Southern to the role of guards.Guard members of the RMT union are considering another 48-hour strike, and station staff are planning a 24-hour strike to protest the closure of ticket windows.Southern's woes began in April, when the company blamed severe staff shortages on high numbers of guards phoning in sick.But the unions strenuously denied this, saying their members were being denied overtime work - which the franchise relies on to operate a full timetable - in retaliation for an earlier strike.The franchise is part of Govia Thameslink Railway - majority-owned by Go-Ahead Group, which has previously issued a profit warning for the financial year as a result of the ongoing difficulties with Southern.
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4 Aug 2022 09:33
Kinetic lifts takeover offer for Go-Ahead by £22m
(Sharecast News) - Australian bus group Kinetic and Spanish infrastructure specialist Globalvia have lifted their takeover offer for London-listed transport operator Go-Ahead by £22m.
Read more4 Aug 2022 09:01
LONDON MARKET OPEN: FTSE 100 underperforms amid pre-BoE trepidation
(Alliance News) - The FTSE 100 underperformed European peers and traded sideways in early dealings on Thursday, with the Bank of England to take centre-stage during a week that so far has been dominated by tensions between the US and China.
Read more4 Aug 2022 07:54
LONDON MARKET PRE-OPEN: Next and Serco up outlook but Hikma lowers
(Alliance News) - Stock prices in London are seen opening ever-so-slightly higher, falling short of the more convincing gains seen in Asia, with investors wary ahead of the latest Bank of England interest rate decision.
Read more1 Aug 2022 16:01
UK shareholder meetings calendar - next 7 days
| Tuesday 2 August | |
| Caffyns PLC | AGM |
| Syncona Ltd | AGM |
| Tanfield Group PLC | AGM |
| Wednesday 3 August | |
| Block Energy PLC | AGM |
| Molten Ventures PLC | AGM |
| Cambium Global Timberland Ltd | GM re wind-up |
| John Wood Group PLC | GM re Built Environment sale |
| Sequoia Economic Infrastructure Income Fund Ltd | AGM |
| Edenville Energy PLC | AGM |
| RiverFort Global Opportunities PLC | AGM |
| Conduity Capital PLC | AGM |
| Scirocco Energy PLC | AGM |
| D4t4 Solutions PLC | AGM |
| Thursday 4 August | |
| Glantus Holdings PLC | AGM |
| Investec PLC and Ltd | AGM |
| STM Group PLC | AGM |
| Starcrest Education Ltd | AGM |
| Friday 5 August | |
| JPMorgan Global Core Real Assets Ltd | AGM |
| San Leon Energy PLC | EGM |
| San Leon Energy PLC | GM |
| Trian Investors 1 Ltd | EGM re removal of three current directors |
| Trian Investors 1 Ltd | AGM |
| Verditek PLC | AGM |
| Monday 8 August | |
| Altus Strategies PLC | GM re merger with Elemental Royalties Corp |
| Bushveld Minerals Ltd | AGM |
| Essentra PLC | GM re unit sale |
| Go-Ahead Group PLC | GM regarding takeover by Kinetic and Globalvia |
| Oscillate PLC | AGM |
| Copyright 2022 Alliance News Limited. All Rights Reserved. | |
25 Jul 2022 19:24
More UK travel chaos as another rail union announces strike action
(Alliance News) - Another UK rail union has announced strikes in the worsening dispute over jobs, pay and conditions – threatening travel chaos in the coming weeks.
Read more21 Jul 2022 14:51
Go-Ahead affirms support for takeover offer as Kelsian withdraws
(Alliance News) - Kelsian Group Ltd on Thursday confirmed it will not make an offer to buy UK transport provider Go-Ahead Group PLC, as Go-Ahead reiterated its support for a rival takeover bid by a consortium of Kinetic Tcp Pty Ltd and Globalvia Inversiones Sau.
Read more21 Jul 2022 10:28
SMALL-CAP WINNERS & LOSERS: Go-Ahead suitor pulls out; Costain rises
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday.
Read more21 Jul 2022 08:37
Kelsian abandons pursuit of Go-Ahead
(Sharecast News) - Australian bus and ferry services group Kelsian has abandoned its pursuit of London-listed transport operator Go-Ahead, pinning the blame on market volatility.
Read more21 Jul 2022 07:59
LONDON MARKET PRE-OPEN: Ocado interim loss widens; S4 warns on profit
(Alliance News) - Stock prices in London are seen opening a touch lower on Thursday, following a mixed day in Asia and ahead of the European Central Bank's first interest rate hike in over a decade.
Read more19 Jul 2022 09:50
LONDON BROKER RATINGS: Fevertree chopped; Berenberg likes Deliveroo
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:
Read more11 Jul 2022 13:46
Kelsian refuses to rule out bidding war for Go-Ahead
(Sharecast News) - Australia's Kelsian Group urged shareholders in Go-Ahead Group not to take any action on Monday, as it continued to mull its own potential offer for the British business.
Read more11 Jul 2022 10:42
SMALL-CAP WINNERS & LOSERS: MJ Gleeson expects to outperform views
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.
Read more11 Jul 2022 08:42
Go-Ahead buses as busy as pre-Covid times in promising virus recovery
(Alliance News) - Go-Ahead Group PLC on Monday said it expects a "busy summer ahead" as the transport operator's customer numbers surge as Covid-19's grip on the market weakens.
Read more11 Jul 2022 07:56
Go-Ahead expects to report 'good' FY performance as demand recovers
(Sharecast News) - Transport operator Go-Ahead said on Monday that it expects to report a "good" performance for the year to 2 July as passenger demand recovers.
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