London’ FTSE 100 was relatively flat following a busy series of results from Lloyds, Rolls-Royce, Beazley and Indivior, the latest firm to jump from the capital’s markets. The capital’s blue-chip …
Indivior plans primary US listing in another hit to London’s flagging equity market
Indivior, the opioid dependence treatment maker has today said it will start consultations with shareholders on plans to shift its primary listing to the US in yet another blow to …
Beazley plans additional shareholder returns, pushing up share price 8.8 per cent
Insurer Beazley has said shareholders will reap the rewards of a strong 2023 as it aims to put $300m (£236.7m) into their pockets. The move has pushed the firm’s share …
Safestore Holdings: Revenue slips amid ‘challenging economic environment’
Safestore Holdings, the UK’s largest provider of self storage containers, saw revenue slip in the first quarter citing a “challenging economic environment.” In an update, the FTSE 250 firm which …
Gymshark: Profits continue to fall despite surge in sales
Profits continued to fall at Gymshark during its latest financial year despite its sales surging past £550m, newly-filed documents have revealed. The Solihull-headquartered business posted pre-tax profits of £13m for …
Hikma shares spike after pharma giant’s profit up 30 per cent
Pharmaceuticals giant Hikma’s share price spiked on Thursday after reporting a 30 per cent increase in profit, but it expects them to be slightly lower in 2024 than last year. …
Hydrogen power firm Geopura to create hundreds of jobs after £56m investment
Hydrogen power company Geopura has secured a £56m investment which will help create hundreds of jobs, it has been announced. The Newcastle upon Tyne-headquartered business has received £30m from the …
Nestle: Kit Kat and Nescafe maker’s sales below par as inflation hits demand
Nestle, the Kit Kat and Nescafe coffee maker, reported lower than expected sales for the full year, as high inflation continued to impact customer demand. In an update, the Swiss …
Hargreaves Lansdown reaps cash interest reward as market growth pushes up assets under new CEO
Hargreaves Lansdown reported market growth and interest from cash push its assets under administration for the firm up to £142.2bn. Market growth pushed up assets by £7.2bn for the firm …
Lloyds announces record annual profits but sets aside £450m for FCA motor finance probe
Lloyds Banking Group has reported an uptick in annual profits on the back of higher interest rates while setting aside £450m for an FCA motor finance probe. The group also …