Rentguarantor, an Aquis-listed provider of tenancy guarantees, saw its losses widen in 2023 despite a major uptick in revenue, average contract price and tenant contracts in the full year to …
June 2024
FTSE 100 reshuffle: Ocado and St James’s Place out, and one surprising new entrant
Ocado and St James’s Place have been given the boot from the flagship FTSE 100 index in a quarterly reshuffle. The index includes the 100 largest London-listed businesses by market …
‘We wrestle on’: S&U blames regulatory pressure for ‘significant’ profit hit
Specialist auto and property lender S&U has warned that regulatory pressures have had a “significant impact” on its repayments and profitability, as the firm’s earnings dropped sharply in the first …
Mitie: Outsourcing firm based in London’s Shard posts record £4.51bn revenue after M&A spree
Outsourcing company Mitie Group posted record revenue of £4.51bn as new contract wins and a spate of M&A led to growth across the business. The figure marked an 11 per cent …
N Brown Group shores up bottom line amid slump in revenue
The owner of the Jacamo and Simply Be clothing brands has blamed macroeconomic challenges for the slump in revenue it reported in its full-year numbers. N Brown Group, which also …
Fever-Tree: Mojitos and Margaritas boost growth before key summer period
Premium drink mixer brand Fever-Tree has reported growth across its markets in 2024 as it looks to pounce on the key summer selling season. The London-listed firm said in a …
UK investors cash out en masse after FTSE 100’s record rally
Flows into equity funds cratered in May after a bumper ISA season, new data has shown, with investors charging out of UK stocks after a record-setting FTSE 100 rally. Total …
Green hydrogen specialist ITM Power expects to halve losses amid threefold revenue rise
Green hydrogen firm ITM Power has said it expects a threefold increase in revenue and to cut losses by half in its full-year results. Losses, measured using adjusted earnings before …
Bitcoin Spot ETFs record second highest inflow day with $887 million
Each day, Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets. Since the …
Ed Warner: Boxing hits right notes in delicate dance between solo and team sport
Our sport business columnist on boxing’s Queensberry v Matchroom showdown and the difficulty of sewing a team element into intodividual sports. Would you pay good money to see boxing promoters …