Company
Staffline Group PLC
LON:STAF
Staffline is the UK’s leading provider of flexible, temporary and permanent workforce solutions, enabling over 40,000 people into good work every day. The company has two business divisions: PeoplePlus helps unemployed people in to work, provides skills training, apprenticeship programmes and supports people into independent living. Staffline Recruitment’s OnSite services include supporting food production, logistics, manufacturing and automotive sectors, where it is located on over 350 sites in the UK and Ireland.
75 stories
Builders and building materials
FTSE 100 drops led by Vodafone; US stocks mixed on China trade spat
London's blue chips remained under pressure on Tuesday afternoon
Archive
FTSE 100 closes above 7,600 for first time this week, WE Soda cancels IPO
The FTSE 100 posting its best finish this week at 7,603 points but only a modest 0.1% gain
Staffline sees profits ahead of market expectations
It withdrew from a number of lower-margin contracts but gained new customers and further business from existing clients
Archive
MyCelx Technologies rises after successful US trial to reduce contamination
A look at the major movers on the London market on Tuesday
Archive
Petra sparkles after white diamond discovery
A look at the major movers on the London market on Wednesday
Archive
Worsley Investors lifted as UCI Italia pays its rent for the Curno cinema
A look at some of the major movers in London on Monday
Staffline to just about beat full-year profit expectations after strong second half
The current lockdown has not caused the significant spike in food customer demand first seen in March 2020, but volumes still remain high
Staffline sells apprenticeships business to Babington Business College
Babington will acquire contracts and assets associated with the delivery of apprenticeships across England and Scotland
Staffline wins place on £7.5bn government contracting scheme
"It is hard to know how much work Staffine will win," house broker Liberum said
Staffline brings in new CEO as it swings to loss in first half
Albert Ellis will take up the position at the start of October, having previously joined the recruitment group as a non-executive director in March
Staffline aiming for all three divisions to post operating profits this year
While dealing with the disruption caused by the coronavirus pandemic the new management is also having to put in place stricter operating procedures and improved corporate governance measures
Staffline says it knows of no reason behind Thursday's share price surge
The recruitment firm said it was making progress in agreeing a revised financing structure for its main banking facilities
Staffline appoints new chair, food sector boost not enough to offset other losses
Staffline said tax deferrals have “significantly improved” its cash balance through the end of 2020 alongside other cost-saving measures
Staffline flags spike in food sector recruitment demand amid pandemic
The recruiter said it is "well-placed" to deal with this surge
Staffline CEO to leave, talks with banks ongoing
Staffline said net debt at 31 December is expected to be £60mln, 5% lower than in 2018
Staffline slumps after profit warning
The recruitment firm said further write-downs on its balance sheet meant 2019 operating profits were now expected to be “materially below” previous expectations
Staffline stumbles as it warns on 2019 profits and slumps to half-year loss
The recruiter blamed a delay to the publication of its 2018 results as well as the “unprecedented levels of uncertainty” associated with Brexit for its woes
Archive
e-therapeutics jumps as share overhang created by Woodford’s need to liquidate assets further cleared
A look at some of the biggest risers and fallers in London on Thursday
Staffline plans £41mln fundraising to cut debt as it slumps to 2018 loss
Staffline swung to a loss in 2018 after setting aside a £15.1mln provision for remediation and expected fines for underpaying workers.
Archive
Small cap movers: Oil minnows sent gushing as drilling potentially unearths UK’s largest onshore gas field
A look back at some of this week's more interesting stories from London's junior market
Staffline scraps dividend as it plans to raise £37mln to cut net debt
Staffline raised the expected costs associated with a breach of UK wage rules to £15.1mln from an earlier estimate of £7.9mln
Archive
Small cap movers: Yu Group manages to keep the lights on and avoid energy firm graveyard
A look back at some of this week's more interesting stories from London's junior market
Investments and investor services
Thomas Cook slumps again as debt-for-equity swap or emergency rights issue is expected
A look at the day's major movers, including Future, Capital & Regional, Tiger Resource, Metro Bank, eve Sleep, Maistro and Staffline
Staffline's terrible year continues as it issues Brexit-related profit warning
You thought Staffline's problems were temporary? They now appear to be permanent
Archive
Small cap movers: Gooch & Housego shares get new life with deal to help transform organ transport
A look back at some of the more interesting stories from the junior market over the past week
Staffline soars on AIM restoration as accounting blunder fails to dent performance
The recruitment firm’s shares were previously suspended at the end of January after it delayed the publication of its final results amid concerns over its invoicing and payroll practices
Eve Sleep has spring in its step after management clear-out
A look at the day's major movers, including UniVision, Autins, Sigma Capital, PRS REIT, Forbidden Technologies, Staffline and Mothercare
Archive
Small-cap movers: More accounting headaches for AIM as Staffline suspended over payroll and invoicing concerns
A look back at some of the more interesting stories from the junior market over the past week
Archive
Serabi Gold shines as it increases strike extensions at Coringa project
A look at some of the biggest risers and fallers in London on Wednesday
Archive
FTSE 100 closes higher with gains across all major sectors
The UK index of leading shares finished over 107 points ahead at 6,941, while the FTSE 250 also closed strongly
Archive
Fed statement to take centre stage on Wednesday
Not much is expected in the way of rate changes from the Fed, so the press conference from chair Jerome Powell will be holding most of the attention
Investments and investor services
Staffline's slide a temporary problem, Liberum asserts
A look at the day's major movers, including Footasylum, Enteq, Accrol, Codemasters and Sopheon
Staffline says full-year trading expected to be in line with market expectations although net debt has risen
The AIM-listed recruitment and training group said its revenues are anticipated to be around 18% higher than the £957.8mln reported for 2017
Staffline shares gain as it wins over £104mln in UK prison education contracts
The contracts will boost the Staffline's share of the prison education market to 25%
Investments and investor services
FTSE 100 finishes in red on China worries and as US benchmarks tumble
The UK blue-chip benchmark finished around 41 points lower at 6,692
Archive
Next to take lead on Thursday with post-Christmas trading update
The clothing retailer is the first of a deluge of updates from the sector expected over the next few weeks, with many forecasting a sharp downturn for the traditionally busy trading period
Archive
High street updates, US jobs, UK PMIs to provide focus after New Year holidays
There will be some key data from the US and UK at the start of the new year, and Christmas retail trading news will be a dominant focus notably from Next PLC
Archive
High street updates, US jobs, UK PMIs to provide focus after New Year holidays
There will be some key data from the US and UK at the start of the new year, and Christmas retail trading news will be a dominant focus notably from Next PLC
FTSE 100 closes down as market awaits Trump/Juncker meeting
The UK blue-chip index closed around 50 points lower at 7,658, while FTSE 250 was also down - over 99 points at 20,753
Investments and investor services
ITV, GlaxoSmithKline and Indivior to be among the highlights for Wednesday
Among Wednesday's names are ITV, GlaxoSmithKline, Indivior, and Tullow Oil
Staffline shares up as it expects to accelerate consolidation of market position
In a trading update ahead of its interim results, the recruitment and training firm said its recruitment division had continued to perform strongly despite a tight labour market
Investments and investor services
J Sainsbury will be in focus but few fireworks expected in London on Wednesday
Wednesday is US Independence Day, meanwhile, the hangover from England's big game may leave London welcoming a light diary.
Archive
Housebuilders and retailers take centre stage as slew of firms release latest results
The week ahead will see quarterly results from Sainsbury's and AB Foods, trading updates from Bovis Homes and Persimmon, and full year earnings from SuperDry
Archive
Proactive news snapshot: Metal Tiger, Touchstone Exploration, IXICO …
A glance at some of the day's highlights from the Proactive Investors newswire
Recruiter Staffline says UK labour market remains 'tight'
Staffline in the UK’s largest temp agency and this division has continued to perform strongly
Superdry appoints Ed Barker as chief financial officer designate
The FTSE 250-listed firm said Nick Wharton will remain a director of the company and Superdry’s chief financial officer until July 16
Investments and investor services
FTSE 100 closes in the red as sterling booms
“If he intended it, Treasury Secretary Steven Mnuchin has done a first class job of whacking the dollar,” declared Neil Wilson at ETX Capital. .
Archive
More Brexit rants expected from Wetherspoons founder in Christmas trading update
The day ahead includes trading updates from Wetherspoons, WH Smith, Fevertree and Sage Group
Serco, Equiniti and Page Group downgraded by Credit Suisse amid Brexit uncertainty
Credit Suisse has adjusted its ratings and target prices on a number of business service stocks
Staffline will fall a little short of its target of £1bn in revenues for 2018
Although results should be "in line", the recruiter will fall some £40mln shy of its ambition to clock up £1bn in annual revenues
Archive
Glaxo hoping not to make a right Horlicks of combating generics challenge
The recently-announced sale of Horlicks may be the sign of an increased focus on the drugs pipeline
Archive
It might be US Independence Day, but Sainsbury's update will combine Argos and supermarkets sales for first time
Day ahead: US Independence Day holiday; Sainsbury's trading update; finals from Imagination Technologies ...
Archive
Argos to put some zip into J Sainsbury
Week ahead, J Sainsbury, Non-farm payrolls, Ocado, Imagination Technologies
Archive
Brokers: Goldman Sachs happy to stick with Randgold
Includes Randgold, Rio Tinto, Aker Biosciences, Savannah Petroleum, Joules...
Archive
Proactive small cap wrap - Roller coaster week for London juniors
After a major sell-off on Monday amid the chaos and recrimination of last week’s referendum result, the momentum has been upward ever since.
Staffline predicts higher than expected profits in 2016
Group boosted revenues by 40% to £702.2mln and gross profit by 34% to £86.8mln
Day Ahead: All eyes on the Federal Reserve
The US central bank makes its first interest rate decision of 2016. Meanwhile, interims from Wizz Air Holdings and final results from Staffline Group.
Week ahead - Will Diageo's forex hangover have eased?
Investors will be looking to see what Diageo, the drinks giant, pours out...
Staffline aims to 'burst a billion' as temp demand soars
Unofficial target is to grow revenues organically to £1bn by full-year 2017 from just over £503mln last year.
Staffline buys Northern Ireland rival in expansion drive
Personnel agency snaps up Diamond Recruitment Group