The FTSE 100 slipped on Wednesday after UK inflation declined at a slower pace than estimated, raising concerns about the timing of interest rate cuts. Although inflation fell to 2.3% in April – tantalising close to the Bank of England’s 2% target – economists had predicted that UK CPI would fall to 2.1%. The 2.1% […] The post FTSE 100 slips as inflation sparks interest rate concerns appeared first on UK Investor Magazine ..read more

Mitchells & Butler (LONL MAB) is the highest riser in the FTSE 250 index following interim figures and an upgrading of full year expectations. The pubs and bars operator is outperforming the market. The share price is 13.4% ahead at 301.5p, which values the company at £1.58bn.   Like-for-like sales growth was 7% in the […] The post Mitchells & Butler outperforms pubs sector appeared first on UK Investor Magazine ..read more

Powerhouse Energy (LON: PHE) has resolved its patent issue with Onunda, which had disputed its European patent and patent applications for waste to energy technology. There will be no additional challenges from Onunda. The share price jumped 60.8% to 2.05p. This is the highest level it has been since August 2022. Oil and gas company […] The post AIM movers: Orcadian Energy’s potential farm out and Polarean Imaging funding appeared first on UK Investor Magazine ..read more

Ben Ritchie and Rebecca Maclean, Co-managers, Dunedin Income Growth Investment Trust plc  In the March budget, Chancellor Jeremy Hunt brought out a series of measures designed to revive the flagging fortunes of the UK stock market. He sought to draw investors back with a UK ISA, and measures for institutional investors. The broad principle of […] The post The Budget: a winner for the UK stock market?  appeared first on UK Investor Magazine ..read more

Tekcapital further confirmed the canyon-sized disparity between the net asset value of its portfolio and its current market cap when it released its full-year results on Wednesday.  Outlining a year of progress for its portfolio companies in the full-year period ending 31 December, Tekcapital confirmed that its portfolio’s valuation at the end of the period […] The post Tekcapital remains steadfast in pursuit of ‘meaningful returns’ for shareholders after year of progress appeared first on UK Investor Magazine ..read more

Adsure Services has announced its operating subsidiary TIAA ltd has been awarded the coveted ‘B Corporation’ Certification, paying testament to the AQUIS-listed company’s dedication to social and environmental performance beyond shareholder value creation. Adsure Services listed on the AQUIS Exchange in 2023 and has quickly set about delivering on a five-year corporate plan to grow […] The post Adsure Services’ TIAA receives B Corporation Certification appeared first on UK Investor Magazine ..read more

The interim results from Greencore (LON:GNC), the major manufacturer of convenience food, saw a 6.4% fall in revenues to £866.1m (£925.8m), while its adjusted pre-tax profits were up 397.1% to £16.9m. In reaction its shares leapt nearly 20% to 165.60p. Major Recovery As I suggested in my article in late March this year, the group […] The post Greencore – world’s largest sandwich maker sees profits quadruple, shares leap 20% with even more to come appeared first on UK Investor Magazine ..read more

The UK Investor Magazine was thrilled to welcome Dr Clifford Gross, CEO of Tekcapital, to the podcast for a rundown of the group’s final results. We discuss portfolio company progress, the share price discount to NAV, GenerativeAI, and what excites Tekcapital the most about the year ahead. The post Tekcapital’s final results, portfolio company progress, and Generative AI with Dr Clifford Gross appeared first on UK Investor Magazine ..read more

The FTSE 100 dipped on Tuesday after investors were served an unwelcome reminder that the Federal Reserve rate cuts were by no means a certainty over the summer. Comments from a Fed official overnight sparked a wave of concern about interest rates that washed up on the shores of UK stocks. Fed Vice Chair Jefferson […] The post FTSE 100 dips on rates concerns, AstraZeneca outlines ambitious plans appeared first on UK Investor Magazine ..read more

Power products supplier XP Power (LON: XPP) is the highest riser on the day after an indicative bid approach at £19.50/share. The share price has not been at that level since the profit warning last September and the market price jumped 48.3% to £17.26. Premium listed XP Power has rejected the proposal by Nasdaq-listed Advanced […] The post XP Power rejects bid appeared first on UK Investor Magazine ..read more