A surge in online gambling helped Betfred’s turnover pass £900m during its latest financial year but was not enough to stop the company entering the red. The Warrington-headquartered business has …
Wood bags six-year contract on Shell’s Prelude facility
Shell has awarded a six-year contract to engineering company Wood to provide management solutions for the world’s largest floating offshore liquified natural gas (LNG) facility. The Prelude facility in Western …
Question Time maker wants to reclaim ‘world-class’ status after falling to a loss
The group which makes Question Time, Amazon’s UK Premier League coverage and Top Chef wants to recover its position as a “world-class television content business” after falling to a loss …
Naked Wines secures £47m boost as finance chief heads for exit
Naked Wines has announced the departure of its chief financial officer as it secured a $60m (£47m) boost. CFO James Crawford will be stepping down from his role at the …
Security firm Synectics’ shareholders get first dividend in five years thanks to profit spike
Security firm Synectics will pay a dividend for the first time since 2019 thanks to revenue and profit rises in line ambitious market expectations for the first half of this …
MHA: UK arm of Baker Tilly International hit with £120,000 fine by regulator
The accountancy regulator FRC has issued financial sanctions against MHA, a former partner and a former employee in relation to the audits of MRG Finance UK. MHA, formally known as …
Melrose founders eye FTSE 100 spot for new listed buyout vehicle
A slew of blue-chip investors have backed a new listed private equity vehicle formed by the founders of Melrose Industries. The new shell company, called Rosebank Industries, outlined plans to …
PageGroup slashes more roles as recruiter feels the pain of slow rebound
Recruiter PageGroup has continued to axe jobs after a difficult first half of the year. Around 250 jobs have been cut since January, leaving total headcount at 5,598 – down …
BP hit by tighter refining margins despite uptick in oil price
BP has maintained much of its guidance for its full-year results despite operating under “significantly” lower refining margins, thanks to better-than-expected oil and upstream production and higher oil prices in …
Fintech Argentex sees ‘encouraging’ trading environment as strategy shift continues
Fintech Argentex saw signs of an improving trading environment as it confirmed that Guy Rudolph would be finance chief on a permanent basis. In a trading update covering the first …