Mitie Share News (MTO)

LONDON MARKET MIDDAY: ECB to chart course for interest rate 'lift-off'

(Alliance News) - Stock prices in London were lower at midday on Thursday, ahead of a policy announcement by the European Central Bank in which the Frankfurt-based institution is expected to lay the groundwork for policy tightening.

Mitie swings to profit, reinstates final dividend and unveils buyback

(Alliance News) - Mitie Group PLC on Thursday said that it has swung to an annual profit as revenue climbed thanks to new contract wins.

LONDON MARKET OPEN: CMC Markets sinks after slashing dividend

(Alliance News) - Stock prices in London opened lower on Thursday as China continues to grapple with Covid-19 outbreaks, while CMC Markets fell sharply after cutting its dividend.

Mitie reinstates dividend, unveils £50m buyback on return to profit

(Sharecast News) - Detention centre and building facilities operator Mitie reinstated its dividend and unveiled a £50m share buyback as it swung to a full-year profit, boosted by new contract wins.

UK earnings, trading statements calendar - next 7 days

Mitie Group acquires mobile telecoms construction company 8point8

(Alliance News) - Mitie Group PLC said on Tuesday it has made further acquisitions as the outsourcer seeks to broaden its telecoms offering.

IN BRIEF: Deloitte fined GBP1.5 million over Mitie audit failings

Mitie Group PLC - Glasgow-based facilities management and professional services - The UK Financial Reporting Council has imposed a financial sanction of GBP1.5 million on accounting firm Deloitte LLP for failings related to its audit of Mitie's results for financial 2016. The FRC also fined John Charlton, the audit engagement partner, GBP40,056. Both financial sanctions were reduced for admissions and early disposal, though both Deloitte and Charlton received a 'severe reprimand'.

Deloitte fined £1.45m over Mitie auditing failures

(Sharecast News) - Accounting firm Deloitte has been fined £1.45m by Britain's accounting watchdog after failures in its audit of outsourcer Mitie Group.

Mitie acquires civil & structural engineering consultancy P2ML

(Alliance News) - Mitie Group PLC on Friday said it purchased civil and structural engineering consultancy P2ML Ltd for GBP2.1 million to expand its telecoms offering.

Mitie buys telecom tower designer P2ML for £2.1m

(Sharecast News) - Mitie Group said it had bought P2ML, a specialist telecoms tower design company for £2.1m on a cash and debt-free basis.

UK regulators raid Mitie London offices - report

(Sharecast News) - UK competition investigators have raided the offices of outsourcer Mitie and are examining the emails of senior staff, after the Home Office raised concerns about suspected anti-competitive behaviour, according to media reports on Wednesday.

IN BRIEF: Mitie Chief Executive Bentley purchases shares

Mitie Group PLC - Glasgow-based facilities management and professional services - Chief Executive Officer Phil Bentley purchases 210,748 shares at a price of 47.41 pence on Monday, totalling GBP99,916.

Rocked by Ukraine, British stocks have worst week since pandemic began

March 4 (Reuters) - Britain's blue-chip and mid-cap stock indexes recorded their worst week since March 2020 on Friday as concerns over the impact of Russia's invasion of Ukraine deepened.

LONDON MARKET OPEN: Europe slides into red, with focus on US jobs

(Alliance News) - European stocks were on the back foot on Friday morning, with London outperforming its mainland peers, with fears of the war in Ukraine escalating sending investors in search of safe havens.

UK competition watchdog probes Mitie over immigration centre contracts

(Alliance News) - The UK competition regulator has launched an investigation into whether outsourcing firm Mitie Group PLC has broken competition law in relation to a procurement process for immigration removal centre contracts run by the Home Office.