The maker of hit TV shows such as Channel 4’s Big Mood and The Responder for the BBC has seen its profit slashed in half amid “budgetary pressures” on UK …
July 2024
Goldman Sachs reaps rewards from dealmaking rebound as profit doubles
Profit more than doubled at Goldman Sachs in the second quarter as the investment banking behemoth capitalised on the long awaited recovery in dealmaking. In three months to June, profit …
Household demand ‘soft enough’ to cut interest rates, Bank of England’s Dhingra says
A member of the Bank of England’s rate-setting panel has said the Bank should ease the strain on households and cut interest rates now. Swati Dhingra, widely seen as the …
Investment platforms urge ‘radical’ ISA reform to unlock £30bn in UK market
The bosses of the largest investment platforms in the UK have called for a “radical” simplification of the ISA regime, arguing that reform could unlock £30bn to boost British equities. …
Carpetright: Retailers urged to make ‘bold decisions early’ to avoid same fate
Businesses have been urged to make “bold decisions early and “avoid kicking problems down the road” in the wake of reports that Carpetright is on the brink of collapse. It …
Hawes & Curtis: Working from home prompts major pivot for brand owned by Dragons’ Den star Touker Suleyman
Hawes & Curtis, the formal menswear brand owned by Dragon’s Den star Touker Suleyman, said it will focus more on casual clothing after seeing its profit dip last year, newly-filed …
Cavendish slides to loss despite consistent growth
One of the City’s newest investment banks has slashed its dividend after sliding into the red despite rapid growth. Born out of the merger of Cenkos Securities and Finncap, which …
Yell eyes ‘ideal customer’ as it sinks further into the red and cuts jobs
Yell, the digital marketing and online directory business, sunk further into the red during its latest financial year as it focused on “attracting and retaining customers who meet our ideal …
Concurrent Technologies reveals ‘record results’ as profit doubles
Computer product manufacturer Concurrent Technologies looks set to report “record results” in the first six months of its financial year following a swathe of new client wins. The AIM-listed firm …
Eco Animal Health beats expectations thanks to Americas growth
Animal vaccine firm Eco Animal Health has beaten earnings expectations for the year to 31 March 2024 due to what it described as “robust” demand for its flagship vaccine. The …