North Sea oil operator Enquest has said today that it would return to growth in 2024 despite ongoing political uncertainty in the UK. The energy firm said ahead of its …
May 2024
Dr Martens: Profit dives as boot maker continues to feel the pain from lagging US market
Iconic British boot maker Dr Martens has reported a 42.9 per cent decline in profit before tax for its year to 31 March. On Thursday, the 60-year-old brand blamed weak …
Swiss rolls: Former Credit Suisse boss to leave UBS as forced merger completes
The former boss of Credit Suisse, who oversaw its untimely decline and forced sale to UBS, is set to step away from the newly enlarged bank. Swiss-German Ulrich Korner will …
Auto Trader motors to strong results as profit and revenue jump
Profit and revenue jumped at Auto Trader as the firm benefited from continued “robust” demand in the used car market. In the year to March the car trader saw revenue …
Londonmetric sells off £30m of former LXi assets following ‘mega-merger’
Property firm Londonmetric has sold more than £30m worth of retail units, including an Asda supermarket and two former Cazoo showrooms. The seven deals, which were worth £31m in total, …
Renewi pays Biffa to help it exit ‘unpredictable’ UK waste market
Waste disposal giant Renewi has branded the UK “unpredictable” as it offloaded its loss-leading British municipal division to competitor Biffa alongside a set of full year results in which the …
London Pulse lead way as Netball Super League gets relaunch
The Netball Super League has completed its tender process as eight teams get set to relaunch the top flight division, it has been announced this morning. The league will reduce …
Premier Milton: Fund manager reports mixed results amid ‘challenging’ environment
Investors continued to pull money from fund manager Premier Milton, but assets under management (AuM) still improved while the firm’s leadership hoped to move on from the recent “challenging” environment. …
Springfield: London-listed affordable homes builder inks new £6.3m contract
One of Scotland’s biggest house builders, Springfield Properties, has won a £6.3m contract to construct more affordable housing in the country. In an update this morning, the London-listed firm said …
Nightcap ‘disappointed’ and ‘unaware’ Revolution takeover could not be delivered
The board of Nightcap said it was disappointed its takeover offer for struggling Revolution Bars was rejected and that it was unaware the deal was “incapable of being delivered.” The …