Shares in John Laing Infrastructure Fund (JLIF) have soared by more than 18 per cent this morning after news of a possible buyout of the company. JLIF is one of Europe’s largest listed infrastructure funds, with a Premium Listing on the FTSE 250. The Board of JLIF and a consortium which comprises Dalmore...
FTSE 100 above 7800 US-China trade war 'on hold' The FTSE 100 index hit through the 7800 barrier for the first time to close at a record high of 7,859.17 taking the index above its previous high of 7,787 on 17 May. The record high cam as US Treasury Secretary Steven...
The FTSE 100 has closed at 6685; its lowest level since September 2016. Investors remain nervous about the US Government shutdown over its budget spending for a border wall with Mexico and its trade war with China. A total of £76 billion...
Are we seeing a 'dead cat bounce' in the FTSE? Whilst the FTSE 100 has risen steadily since the March crash there is concern in the financial community that we may be experiencing a "dead cat bounce", a brief recovery in an othwerwise bear market....
Underlying profit before tax increased by 10 per cent to £141.6 million Statutory profit before tax increased to £127.2 million, Underlying total income increased by 5 per cent to £343.0 million Virgin Money have reported a 10 per cent increase in underlying profits for the half year to 30...

Royal mail buys Dicom Canada

Royal Mail have bought Canadian parcel delivery company, Dicom Canada, for approximately £213 million. Dicom Canada, based in Montreal, Quebec employs 1,400 people and provides business-to-business parcel services across Canada, especially in the Eastern Canadian provinces of Ontario and Quebec.  'Capture higher growth segments outside Europe' Rico Back, Chief Executive Officer, Royal...
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