Daily Mail

THE DAILY BRIEFING

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REVENUE BOOST Defence firm Qinetiq said it makes 26pc of its revenue outside the UK, up from 21pc last year, as its internatio­nal business expands. Revenue for the first half rose by about £30m to £392.5m.

CATCHER PRODUCTION Oil explorer Premier Oil says its key Catcher developmen­t in the North Sea is on track to produce its first oil during December.

FIRM LISTED Housebuild­er Galliford Try has joined the list of firms the Education and Skills Funding Agency will use in a £3.1bn schools and college-building programme.

HURRICANE HIT Constructi­on firm Keller took a £3m profit hit from Hurricanes Harvey and Irma.

HOLIDAY SALES Aviation and distributi­on firm Dart Group, which owns airline and package holiday brands Jet2, sold 41pc more package holidays during the first half of the year than the same period last year, with 1.81m customers.

SPECULATIO­N DISMISSED Investment house 3i has waved away speculatio­n it could sell its Dutch discount retailer Action. It reported returns of £655m in the six months to September 30, down from £1bn in the same period last year.

AIRBUS DEAL Plane maker Airbus sold two A330neo craft to Air Senegal for a potential £447m.

WATCHDOG RULING Power generators have been denied a £120m rebate by energy watchdog Ofgem. They had claimed they were overcharge­d to use the grid in 2015/16.

LOANS GROW The loan book at Close Brothers bank grew 1pc to £7bn in the three months to October 31. Its investment arm has £9.5bn of assets, up 6.5pc.

BURGER FRANCHISE Private equity giant Bridgepoin­t is to spearhead Burger King’s further expansion across the country after becoming the chain’s master UK franchisee.

PROFIT RISE Profits at bank Investec rose to £314.6m in the six months to September 30 – up 11.8pc on a year earlier.

TAKEOVER BACKED The Competitio­n and Markets Authority has approved Just Eat’s takeover of rival Hungryhous­e in a £240m deal.

FLOAT PLAN UK medical device maker Belluscura expects to raise up to £10m when it floats on the junior stock market next month.

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