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Workspace Group PLC Shares News & Articles

FTSE firms on virus slowdown hopes, embattled Cineworld rallies, Homeserve sees strong growth

London’s FTSE 100 made substantial gains in early trading on Tuesday, bid up 165.73 points or 2.97% to 5,748.12 amid continued hopes that the spread of coronavirus may be levelling out in major hotspots in Europe and the US. Embattled Cineworld (CINE) rallied 17.3% to 46.45p after the cinema operator suspended dividends in a bid to strengthen liquidity, having shuttered all its cinemas ...

FTSE drops as coronavirus eclipses Sars, Intu and NMC Health jump on confirming reports

The FTSE 100 fell into the red on Monday morning as the coronavirus death toll eclipsed Sars, with investors concerned about the impact the virus will have on manufacturing in China and the surrounding region. The UK’s benchmark index opened 0.22% lower to 7,462.05, taking its lead from Asian stock markets which also dropped in morning trade. Japan’s Nikkei 225 fell 0.6%, the Hang Seng ...

Director deals: ‘Rockstar’ Abcam founder, stable Volution boss and busy Workspace trio all cash in

A ‘rockstar’ biotech entrepreneur, the first company boss in a decade to sell shares and a trio of directors cashing in were all involved in the biggest director deals of the past week. The three biggest deals involve biotech company Abcam (ABC:AIM), ventilation product supplier Volution (FAN) and office real estate company Workspace (WKP). The biggest of these comes from Abcam founder ...

Market report: Taylor Wimpey buoyed by resilient housing market, while UK stocks sag on lack of new detail on US-China trade deal

The FTSE 100 index dropped 36 points to 7,340 today along with international markets after Donald Trump merely re-iterated his rhetoric that a trade deal was imminent with China without providing new information, in a speech at the Economic Club of New York last night. Shares in house builder Taylor Wimpey (TW.) bucked the trend to firm 1% at 171.5p after the company’s trading statement said ...

Workspace taps investors for nearly £200m to fund expansion in this highly competitive sector

A near doubling of profits for office space supplier Workspace (WKP) has prompted the company to tap up its investors for money to expand its offering. Its results for the year ending 31 March 2018, show pre-tax profit up to £170.4m from £88.8m the prior year and it has also hiked its dividend by 30% to 27.39p. As seen earlier this year when a bidding war erupted over office service ...
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