SSP Group disappoints investors with its outlook, regulators launch investigations into BA and Ryanair over withholding refunds from customers, Rolls Royce picks its next chair, IP Group prepares to pay its first dividend, and Clinigen warns earnings will be lower than expected in 2021.
AstraZeneca gets a new CFO and sees positive results from its cancer drug, Smurfit Kappa cements its leading position in Latin America, Mondi refinances its debt to link to its sustainability goals, Petropavlovsk’s partner faces regulatory problems, and Baltic Classifieds Group plots a London IPO.
Top UK Stocks to Watch: Pennon shares rise on plans to return billions to investors
Joshua Warner June 3, 2021 8:39 AM
Pennon buys Bristol Water and shareholders are set to receive a windfall, B&M reaps the benefits of being an essential retailer, Chemring unveils a new acquisition and a new dividend policy, Workspace see signs of a recovery, and Nord Gold outlines plans for a London IPO. Share:
Top News: Pennon buys Bristol Water and plans to return billions to shareholders
Pennon Group revealed it has agreed to purchase Bristol Water and decided to return up to £1.9 billion to shareholders after it sold-off Viridor last year.
Wizz Air expects another tough year after sinking into the red, the boss of Wetherspoons calls on the UK to adopt a post-Brexit ‘liberal immigration system’, Airtel Africa sells off towers in Tanzania, Kingfisher links debt to sustainability targets, and Assura set to build a new UK ambulance hub.
Biffa shares soar despite swinging into the red, Wickes sales explode past pre-pandemic levels, JD Sports denies reports it wants to replace its chief executive, Micro Focus gets a new chief financial officer, and Victorian Plumbing outlines plans to go public in London.