Almost 2,000 more first-time buyers get on the property ladder each month, as they take advantage of cheaper homes, generous mortgages and stamp duty cut First-time buyer numbers jump by 5.8 per cent compared to last year July saw a year-high in the amount lent to people buying their first homes Fewer homeowners are remortgaging than … Read more
What a session it’s been for London- and New York-listed minnow Tiziana Life Sciences, which doubled in value. Not only has it found a potential treatment for the complications of coronavirus that have hospitalised Prime Minister Boris Johnson, but it has also developed an inhaler that means the effects of the medication should be almost … Read more
Coro Energy has introduced new cost-cutting measures to manage the severe disruption in the oil and gas market, which resulted in the ‘termination’ of chief executive James Menzies. The Italy-focused energy company offered all executive directors three options: take an unpaid sabbatical, receive three months’ notice in shares or become non-executive directors. Menzies did not … Read more
Inspiration Healthcare was one of the few risers on the junior market as the coronavirus crisis intensified. In fact the business may be one of the few beneficiaries if the outbreak with its ventilators in demand. The NHS placed the first order on Monday, valued at £1.25million, which Inspiration Healthcare said was its single largest … Read more
Israeli tailor Bagir was out of fashion this week after announcing it is taking legal action against Chinese giant Shandong Ruyi. Once touted the ‘LMVH of China’, the fashion conglomerate is now drowning in billions’ worth of debt following an acquisition spree of European brands such as Sandro and TM Lewin. Only last month the … Read more
SMALL CAP MOVERS: Lekoil value plunges by two-thirds as it falls victim to investment scam By Calum Muirhead At Proactive Investors For Thisismoney Published: 12:15 GMT, 17 January 2020 | Updated: 12:15 GMT, 17 January 2020 Junior oiler Lekoil was the major story on AIM this week with its value dropping by around two-thirds after … Read more
SMALL CAP MOVERS: Travel concierge firm Ten Lifestyle hit by coronavirus fears; Easyhotel rises on shares sale to majority investor By Giulia Bottaro At Proactive Investors For Thisismoney.co.uk Published: 14:17 GMT, 6 March 2020 | Updated: 14:17 GMT, 6 March 2020 Ten Lifestyle was one of the latest coronavirus victims this week after it warned … Read more
Novacyt was one of the rare risers in a bloodbath week for the UK stock market, thanks to the success of its coronavirus diagnostic test which it handily launched a few weeks ago. The stock has been rising steadily for the past month or so, but shot up 33 per cent to 140.14p in the … Read more