Payments fintech Equals Group has seen its profit weighed down by fees to financial advisers as it looks for a potential buyer, while revenue surged on the back of record …
Estate Planning
Shares in Apple supplier IQE plunge as guidance disappoints and debt pile grows
Shares in semiconductor supplier IQE plummeted 14 per cent in early trading on Tuesday after it disappointed investors with weak guidance and as it racked up debt. The Cardiff-based manufacturer …
Capital & Regional: Praxis out of the running to buy shopping centre giant
Shares in Capital & Regional have fallen by 14 per cent after a prospective bidder for the UK shopping centre owner said it was bowing out of the process. Praxis, …
House of Fraser: Profit doubles at Mike Ashley’s department store chain amid store closures
House of Fraser more than doubled its pre-tax profit despite a fall in revenue after closing stores across the country, it has been revealed. The performance of the department store …
James Fisher and Sons back in the black after selling off businesses
Marine services provider James Fisher and Sons has clawed its way out of the red despite a slump in sales after selling off a number of businesses. The London-listed company, which …
Centamin set for £1.9bn takeover by gold mining giant Anglogold Ashanti
Anglogold Ashanti is to buy FTSE 250-listed Centamin in a deal worth $2.5bn (£1.9bn), it has been announced. The deal represents a premium of 36.7 per cent to Centamin’s closing …
Schroders promotes former PwC executive to top job as Harrison steps down
Schroders has confirmed the promotion of its finance chief to the top job today as long-time boss Peter Harrison prepares to step down in November. In a statement to the …
Mpac Group hails profit surge as expansion strategy pays off
Packaging automation company Mpac Group has reported a jump in revenue as “sound foundations” laid in 2023 begin to pay off. The London-listed company, which is headquartered in Coventry, saw its …
Pizza Hut Europe serves up profit after £106m loss
The European arm of Pizza Hut has surged back into the black after making a loss of almost $140m (£106.4m) , according to newly-filed documents. The London-headquartered division has reported …
Astrazeneca drags down the FTSE 100 following mixed cancer trial results
Shares in FTSE 100 Astrazeneca and Daiichi Sankyo nose dived today after the pair revealed mixed results in their lung cancer drug’s late-stage trial. Shares in Astrazenca tumbled some 5.4 …