Tobacco giant Imperial Brands saw volumes dwindle and profit fall due to foreign exchange movements, despite an uptick in vaping. The cigarette manufacturer reported that revenue had fallen 2.3 per …
May 2024
Raspberry Pi confirms listing in boost for London
Raspberry Pi, a leader in low-cost, high-performance computing has today announced its intention to float on the Main Market of the London Stock Exchange. In an announcement this morning, the …
Burberry: Analysts say ‘a lot to be desired’ after profit slip
British fashion house Burberry reported a decline in operating profit for the full year as the brand continues to be bruised by consumers reducing spending on luxury items. This morning, …
HSBC and Deloitte latest to pull job offers from UK grads due to new immigration rules
HSBC and Deloitte have reportedly withdrawn job offers to foreign graduates of UK universities, according to reports, as the impact of new visa rules continues to disrupt recruitment across the …
Vanquis Bank takes legal action against claims management in an attempt to stem losses
Vanquis Banking Group has revealed that it is involved in legal proceedings against a claims management company. Back in March, shares in the lender fell off a cliff when it told …
Major Mission Group shareholder told to reject Brave Bison bid
One of Mission Group’s major shareholders has been advised to reject a bid by competing digital marketing agency Brave Bison, calling the offer “highly unattractive”. Logistics Development Group (LDG), which …
Catering giant Compass raises guidance following contracts at Kew and Royal Opera House
Catering giant Compass Group has raised its profit guidance following a strong performance in the six months to the end of March. The firm,which providers catering services for universities and …
Britvic: Brand behind UK Pepsi distribution cheers bumper growth as canned Lipton Ice Tea booms
Britvic has reported a strong six months thanks to the strength of Lipton Ice Tea, with the canned version’s launch bumping the brand’s revenue up 27.6 per cent. The British …
Fall in new houses being built leads to losses widening at listed manufacturer
A fall in the number of new houses being constructed across the UK contributed to losses widening at a London-listed manufacturer. Titon Holdings, which makes and supplies ventilation systems as …
Jack Sullivan: West Ham director on trophies, succession and creating a legacy
Jack Sullivan is the son of West Ham’s biggest shareholder David Sullivan. He was raised in and around the Hammers and is using his experience to forge his own business …