Software company Idox said recurring revenue grew by 21 per cent to £43.1m in the six months to April, on the back of a key acquisition in march. The London-listed …
June 2024
London Heathrow Airport breaks annual passenger record before summer rush
London Heathrow Airport carried a record number of passengers in the last year as demand for travel rebounded dramatically from Covid-era lows. Some 81.5m passengers passed through the Hounslow hub …
FTSE 100 pharma giant GSK kicks off Zantac appeal as company seeks to limit damages
GSK announced today that it has taken the first steps to appeal the Delaware Superior Court’s recent so-called Daubert ruling over its allegedly carcinogenic heartburn treatment Zantac. The ruling, handed …
GB Group’s loss shrinks as tech group’s new chief gets stuck in
London-listed tech group GB Group reported a slight dip in revenue during the year ending March but managed to reduce its overall loss and pay down debt. The identity verification, …
Eckoh: Data security firm has ‘record’ year after ‘success’ with North America focus
Data security solutions firm Eckoh closed in on a “record” with “early success” from its North America commercial strategy, despite an overall downward trend in full-year revenue. In an full-year …
Oxford Instruments to revamp ‘overly complex’ business structure
British microscope maker Oxford Instruments said it will change its “overly complex” business structure after its profit fell, despite revenue growth. The London-listed firm reported revenue of £470.4m in the …
Raspberry Pi prices shares at top end of range amid hot demand
Chipmaker Raspberry Pi is set to raise £166m through its initial public offering (IPO) on the London Stock Exchange in a boost for the capital’s struggling bourse. In an announcement …
Crypto culture wars are heating up
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. The crypto …
Wage growth barely moves but unemployment creeps up as Bank of England considers rate cuts
Wage growth remained stubbornly high over the past quarter, but unemployment crept up, giving the Bank of England differing signals on how its interest rate hikes are impacting the economy. …
Labour’s ‘everything bagel’ approach to housing leaves a sour taste
If Labour isn’t offering a serious overhaul of planning regulations to force through new housing it has no business touting images of beautiful townscapes that are illegal to build, says …