Software company Idox has reported solid earnings and reduced its debt in the first half of the year. The London-listed firm said it generated around £43m in revenue in the …
May 2024
Unforgotten season 6 maker enjoys bumper year ahead of popular ITV show’s return
The television studio owned by ITV behind the latest series of popular detective drama Unforgotten enjoyed a bumper 2023 with its revenue rising to its highest level for eight years. …
Marks and Spencer smashes analyst expectations, but Ocado venture remains ‘disappointing’
Marks and Spencer has beaten analysts’ expectations, posting a 58 per cent jump in profit before tax for the full year, as chief Stuart Machin reaps the benefits of the …
Raspberry Pi aims to raise £31.4m as it confirms intention to float in London
In a boon for London, Raspberry Pi, a leader in low-cost, high-performance computing has today confirmed its intention to float on the Main Market of the London Stock Exchange in June this …
Blow for Jeremy Hunt’s tax cut hopes as borrowing beats expectations in April
Jeremy Hunt’s hopes of cutting taxes again before the election received another blow after government borrowing came in ahead of expectations in April. According to figures from the Office for …
Pub group bemoans “unavoidable” closures but enjoys strong trading at All Bar One
The owner of All Bar One, Mitchells & Butlers, said half-year profit soared to £164m despite an “unavoidable” decline in pubs and restaurants over the last year. The no frills …
SSE profit and earnings per share drop despite Dogger Bank launch
Scottish Energy giant SSE saw its adjusted operating profit and earnings per share fall within its guidance in its full year results. Annual operating profit at the energy firm dropped …
Close Brothers eyes growth in asset management as motor finance probe looms
Merchant banking group Close Brothers has reported an improvement in its market-facing businesses as it prepares to implement measures to deal with the fallout from a Financial Conduct Authority (FCA) …
Government: Don’t panic! But do stock up on water, wet wipes and Spam.
The government is to tell Brits to stock up on a host of non-perishable items in a bid to improve “resilience” at home. The deputy prime minister Oliver Dowden will …
BT fined millions for failing to give customers contract information
Communications regulator Ofcom has fined BT millions after it failed to provide “clear and simple” contract information to over 1m customers. Britain’s biggest telecoms company, which owns network operator EE …