Timber distributor James Latham has taken a hit to its profit as shipping attacks in the Red Sea sent the cost of containers flying. The London-listed company saw its pre-tax …
June 2024
Serco shares nudge higher after raising profit guidance
Serco shares jumped this morning after the outsourcing giant lifted its annual profit forecast. The FTSE 250 firm, which manages government contracts in areas such as immigration services, said trading …
Regional REIT launches £110.5m capital raising to stave off bankruptcy
Regional REIT has proposed a new share offer to raise around £110.5m as the troubled UK office real estate investment trust tries to deal with its debts. The company said …
Bunzl upgrades guidance following string of successful acquisitions
Specialist distribution group Bunzl has upgraded its operating profit guidance following a string of successful acquisitions. The FTSE 100 company, which sells global businesses a wide range of products from …
STM Group suffers fall of profits and earnings on eve of acquisition by pensions rival
The retirement and estate planning firm that owns Options Pensions suffered a fall in profits, reported earnings per share and reported operating margins in 2023 on the eve of the …
Global Chess League: Rivalling IPL, tapping into trends and now coming to London
Global Chess League boss Peeyush Dubey on how the star-studded team competition won millions of fans, has bold plans to rival cricket’s Indian Premier League and is headed for London …
H&M revenue jumps in second quarter – but warns ‘unstable’ weather will hit June sales
Swedish fashion retailer H&M reported an increase in revenue and profit in the second quarter of this year, but warned that sales for June are likely to be impacted by …
South Africa await England or India in T20 World Cup final
South Africa reached their first ever T20 Cricket world Cup final this morning by thrashing Afghanistan in the Caribbean. They will take on either England or India, who play this …
Major delays at London Paddington as major incident impacts Bristol, Heathrow Airport and Elizabeth Line services
Trains going in and out of London Paddington have been either cancelled or held at red signals after the lines were closed due to a major incident. It is understood …
Adams Plc remains in the red as geopolitical unrest drags on assets
Investor in distressed and dysfunctional assets Adams Plc blamed elevated trade tensions with China and the ongoing Russia-Ukraine war for not returning posting another loss in its full year results. …