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Balfour shares hit record high


By Goran Nastic

Balfour Beatty shares rose 10% to a record high after the infrastructure and construction giant reported strong first-half results, with growth driven by US buildings and UK power transmission, prompting the company to upgrade its full-year outlook.

The London-based company said growth was driven by strong demand for US building projects and UK power transmission work


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evoke earnings hit by gaming duties in H1

evoke has reported that its adjusted earnings fell in line with expectations in H1, falling by 12% to £150.2m, having been offset by a £46m year-on-year increase in gaming duties, predominantly from the UK

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IHG checks in record new rooms but revenue falls short

InterContinental Hotels Group (IHG) came under modest pressure in early trading after a record 200 hotel openings in the first half still saw revenue fall short of expectations.

While the Holiday Inn owner delivered 10% growth in operating profit, 13% growth in adjusted earnings per share and record hotel development activity, investors focused on a slowdown in second-quarter room revenue growth and a small profit miss versus consensus forecasts.

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Bellway delivers ‘robust performance’ despite subdued trading

Bellway has stated that it has delivered a "robust performance" in the year to 31 July, as it beat its total housing completion expectations

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Serica draws a line under Pharos pursuit

Serica Energy has brought its pursuit of Pharos Energy to a halt, declaring that its 32.67p-per-share offer is final and will not be increased, despite a higher competing bid from Ratio Petroleum Energy which is now firmly in the driver's seat

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Nichols acquires VITHIT for £64m

Nichols has agreed to acquire 100% of the issued share capital of the Irish functional drinks brand, VITHIT, for £64m

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Shoe Zone shares jump as it steps up guidance

Shares in Shoe Zone increased by over 17% after the retailer reported that its cash and equivalents are set to be £7m ahead of its previous budget

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Apollo agrees £5.7bn easyJet takeover after Castlelake drops out

easyJet has agreed to a £5.7bn takeover by US investment firm Apollo Global Management after original bidder Castlelake withdrew from the race

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Aptitude Software appoints tech veteran as CFO after long search

Finance software provider Aptitude Software has appointed technology industry veteran Kenneth Paqvalén as its finance chief and executive director, filling a vacancy that has existed since February 2025

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Seeing Machines sees automotive royalties drive profitability

Seeing Machines shares more than 11% after the AI-powered driver monitoring specialist reported stronger revenue, record automotive production volumes and a profitable second half

Royal Society of Chemistry Pension Scheme secures £83m buy-in with PIC

The Royal Society of Chemistry Pension Scheme has completed an £83m full-scheme buy-in with Pension Insurance Corporation (PIC)
£100m venture capital boost for UK early-stage businesses

The Government is backing a new £100m phase of the British Business Bank’s Investor Pathways Capital Initiative to expand access to venture capital for early-stage businesses across the UK and support growth beyond London
Marshalls’ profit grows in subdued market

Marshalls has stated that it has delivered a "resilient first half performance" despite subdued end markets, as its adjusted profit before tax jumped 13.2% year-on-year to £24.9m
Goodwin shares jump as it explores potential defence arm sale

Shares in Goodwin jumped by as much as 15% earlier today as the FTSE 250 firm confirmed it had launched a strategic review into the potential sale of its mechanical engineering division

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