Property group SEGRO (SGRO) raises £450m to fund new developments. Warehouse specialist benefits from booming demand from online retailers and data centres
Royal Bank of Scotland Group (RBS) to pay much bigger dividend than expected. Bank warns bad loans likely to increase in 2019 as political uncertainties bite.
Vodafone Group (VOD) drops PwC as auditor after Phones4U dispute. FTSE 100 telecommunications group chooses Big Four rival EY
Lloyds Banking Group (LLOY) names William Chalmers as CFO. Bank to pay £4.4m to replace Chalmers’ Morgan Stanley share awards
Premier Foods (PFD) calls off sale of Ambrosia custard unit. Indebted Mr Kipling maker says talks with potential buyers have been disappointing
Lombard – Patisserie Holdings (CAKE) ‘rescue’ leaves more than face lost. Deal saves 2,000 bakers and waiters, but already some 900 jobs have gone and 71 stores closed.
Interserve (IRV) eyes £66m risk of blocking restructuring deal. UK outsourcer would have to pay amount to banks if its debt-for-equity swap collapses
New drugs help AstraZeneca (AZN) sales rebound. Pharmaceutical group confident that ‘earnings, not just sales’ will return to growth
Restaurant Group (RTN) plunges after chief executive quits. Andy McCue, who was instrumental in Wagamama takeover, cites ‘personal circumstances’
Ashmore Group (ASHM) chief to cut stake below 30% after ‘creeping control’ row. Mark Coombs responds to negative commentary and will sell up to 4% of his stake each year
Patisserie Holdings (CAKE) rescued from administration. Management and Causeway Capital plan to keep open 100 stores in, saving 2,000 jobs
Moneysupermarket.com Group (MONY) forms partnership with ING’s Yolt app. Price-comparison site signals new strategy with service on third-party platform
