An influx of foreign tourists over the past 12 months has delivered a boost for the West End’s biggest landlord, Shaftesbury Capital, as it reveals its first financial results since …
May 2024
General election: Want to boost UK growth? Here’s what top economists would do
With a general election set for July 4th, both parties have promised to put growth at the heart of their election pitch. Growth was one of Rishi Sunak’s infamous five …
Rolls-Royce: Booming travel demand underpins revival
Rolls-Royce has reaffirmed its full-year guidance for profit and cash flow as booming travel demand saw flying hours for its engines return to pre-pandemic levels. In a trading update on …
Aviva’s growth continues thanks to higher prices and workplace pension flows
Insurance giant Aviva has reported a jump in revenue and insurance income in the first quarter as well as strong growth at its pension arm. The company reported a 16 …
AJ Bell: DIY investment firm ups dividend after reaching customer ‘milestone’
AJ Bell upped its dividend after the firm reached another “milestone” with over half a million customers on its platform business. Revenue at the DIY investment firm rose by 27 …
Nationwide customers set for bank account windfall after bumper year
Nationwide plans to pay around £385m directly into customers’ accounts as Britain’s largest building society continues to enjoy bumper earnings on the back of higher interest rates. The lender, which …
Bloomsbury hikes dividend as Harry Potter and Sarah J. Maas titles power profit record
Bloomsbury has hiked its dividend as it reported strong revenue growth driven by continued “exceptional performance” from sales of Sarah J. Maas titles, along with other female authors. The London-listed …
GPE to raise £350m to invest in London’s ‘attractive’ commercial property market
One of the capital’s biggest landlords, GPE has launched a rights issue to raise approximately £350m to invest in new properties across London. The rights issue announcement came alongside the …
National Grid kicks off multi-billion pound capital raise to help the UK meet green targets
The National Grid has announced a £7bn capital raise as it seeks to double its capital spending over the next five years. It made the announcement alongside its full-year results, …
Higher interest rates provide strong ‘tailwind’ for Investec
Higher interest rates continued to provide a welcome tailwind for Investec, as the firm upped its dividend on the back of higher annual profit figures. Operating income at the bank …