Intel said on Thursday it would cut more than 15% of its workforce, some 17,500 people, and suspend its dividend starting in the fourth quarter as the chipmaker pursues a turnaround …
Estate Planning
IAG: British Airways owner brings back dividend for the first time since Covid-19
IAG, the airline conglomerate which owns British Airways, has unveiled plans to reinstate dividend pay-outs for the first time since Covid-19 decimated the aviation industry. “We see continuing strong demand …
Virgin Money lending dips in run-up to Nationwide takeover
Virgin Money’s lending to customers dropped by one per cent last quarter as the group prepares to be taken over by Nationwide imminently. Britain’s sixth-biggest high street bank reported that …
Capita swings back into the black as it ploughs ahead with £160m of cost cuts
Outsourcing firm Capita has swung back into the black as it ploughs ahead with a cost-cutting programme it hopes will save the company £160m by the end of its financial …
Intertek posts strong revenue as demand for quality assurance services rise
Inspection company Intertek reported a continued boost in revenue today as demand for its quality assurance services continued to rise throughout the first half of the year. Revenue at the …
Royal London profits surge double digits as pensions grow
Royal London’s operating profit before tax increased by 13 per cent for H1 2024, as the insurer credits its focus on a long-term strategy to have increased its profits. Its …
Team GB sprint ace’s coaching switch tipped to help her win Olympic medal
Asha Philip believes her former Team GB colleague Dina Asher Smith’s new approach could be decisive in this weekend’s Olympic 100m final. Asher-Smith begins her campaign at their Stade de …
Skipton mortgages shoot up as society hits million savers mark
Mortgages delivered by Skipton Group rose almost 11 per cent over the last year to a whopping £30bn. The group, which included Skipton Building Society and Connells Group, the UK’s …
Wizz Air passenger numbers nosedive as engine issues constrain capacity
Wizz Air said passenger numbers in July as it was forced to constrain capacity due to long-running issues with some of its engines. It came after the Hungarian budget carrier …
Which were the best and worst performing funds in July?
Smaller company funds were the best performing on the market in July, as the cheapest assets on the market finally started to bounce back. North American Smaller Companies funds returned …