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nexfibre shareholders challenge CMA in £2bn Netomnia takeover probe


By Goran Nastic

nexfibre shareholders have launched a fresh attack on the Competition and Markets Authority's provisional findings into the company's proposed £2bn takeover of broadband provider Netomnia


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Why the most effective default pension investments are built to evolve

For most employees, pension saving happens in the background. Contributions are paid in each month, but few people make an active investment choice.


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UK mid-market growth hits near two-year high

UK mid-market businesses recorded their fastest growth in almost two years in September, while employment rose at its strongest pace over the same period, according to NatWest

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Wickes lifts sales growth on strong Q3

Wickes shares rose on Tuesday after the home improvement retailer reported accelerating sales growth in the third quarter and reaffirmed its full-year profit expectations

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Genuit shares sink after warm weather triggers profit warning

Building products manufacturer Genuit Group shares slumped after the FTSE 250 firm cut its 2026 underlying operating profit forecast to £84m, as unseasonably warm weather and weak demand hit its heating businesses

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Bay Capital agrees £40m biotech deal

Bay Capital is set to acquire biotechnology developer Plenty Biologics in a £40m all-share deal, as the listed acquisition company seeks to capitalise on growing demand for biosimilar medicines

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Mulberry posts 18% rise in sales

Shares in luxury handbag maker Mulberry rose on Monday after the company reported an 18.1% increase in first-half sales, with its turnaround strategy gaining traction despite a challenging consumer environment

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Budget will protect UK economic resilience amid global uncertainty - Healey

Chancellor John Healey has pledged to protect the UK economy’s resilience in the October Budget as conflict in the Middle East and Ukraine drives up energy prices and government borrowing costs.

Speaking at the IMF annual meetings in Bangkok, Healey called for greater international cooperation to strengthen economic resilience, support growth and address the challenges posed by AI

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UK profit warnings hit highest level in nearly two years

UK-listed companies issued 65 profit warnings in the third quarter of 2026, the highest quarterly total in nearly two years, as rising costs, geopolitical uncertainty and weaker demand put pressure on earnings, according to research from EY-Parthenon

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Volex expects 21% year-on-year revenue growth

Volex has stated that its group revenue is expected to be at least $710m in the first half of its financial year, marking a 21% year-on-year increase

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London remains the fastest-growing private sector region

London’s private sector continued to grow strongly in September, remaining the best-performing UK region, despite a more challenging economic backdrop, NatWest has found

PHP announces new strategic JV with GIC

Primary Health Properties (PHP) has entered into a conditional agreement to establish a 50:50 strategic joint venture (JV) with the global institutional investor, GIC, to invest in private hospital infrastructure
Government to scrutinise Sky-ITV deal

Culture secretary Lisa Nandy has today said she is "minded to intervene" in Sky's proposed £1.6bn acquisition of ITV's Media & Entertainment business, raising the prospect of formal investigations by Ofcom and the CMA.

In a statement to Parliament on Thursday, Nandy said she had informed Sky and ITV that she was considering intervention on several public-interest grounds, including the need to protect free expression in news media, maintain a sufficient plurality of news providers and ensure a diverse range of media ownership across the UK
Aviva targets £500m-plus annual Wealth profit by 2032

Aviva said Friday it expects its Wealth business to generate more than £500m of operating profit by 2032, while reiterating that it remains on track to achieve its existing target of £280m by 2027


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