Shares in housebuilder Bellway ticked lower in early deals this morning after the company reported a fall in profit for the six months to the end of January. Profit before …
Estate Planning
Brick maker Michelmersh defies construction downturn as investors net bumper payout
Brick maker Michelmersh has announced a bumper payout for investors this year after defying a wider downturn in the UK construction sector. The Sussex-based company hiked its dividend by 5.9 …
The Co-operative Bank to slash 400 jobs in cost-cutting drive
The Co-operative Bank has announced that it plans to cut around 400 jobs as the lender looks to reduce costs. The bank said on Tuesday it was embarking on a …
Historic ceramics maker Portmeirion slips to a loss despite ‘good’ Christmas
Portmeirion Group, the historic maker of ceramic tableware and cookware, slipped to a loss during 2023, it has been confirmed. The company, whose brands include Portmeirion, Spode, Royal Worcester, Pimpernel, …
Goldman Sachs-backed Petershill’s fee earnings hit by dealmaking slump
Petershill Partners has posted a drop in earnings from its partner firms’ fees amid a “challenging external backdrop” as higher interest rates stifled dealmaking last year. The Goldman Sachs-backed firm …
Turnover nears £100m at maker of Taskmaster, Not Going Out and Catastrophe
The maker of TV shows including Taskmaster, Not Going Out and Catastrophe saw its turnover increase to nearly £100m during its latest financial year. The London-headquartered Tiverton 2 group, which …
Baltimore bridge collapses after being hit by cargo ship as vehicles sent into water and countless missing
A bridge in the US city of Baltimore has collapsed after a large cargo ship collided with it, as countless people are missing and cars were sent into the water. …
Softcat set to benefit from increasing demand for AI, data management and cybersecurity
Softcat, a leading UK provider of tech infrastructure products and services, today, reported a slight decline in revenue for 2024 but said it remained optimistic about the outlook for tech …
Pets at Home backs guidance amid vet probe
Pets at Home said it is trading in line with lowered expectations in its first financial update since the competition watchdog said it would launch a probe into the veterinary …
Yougov forecasts higher revenue as chief flags ‘challenging’ economic backdrop
Yougov has hiked its revenue guidance following two January acquisitions, despite its chief executive flagging “challenging” market conditions. The company, which provides polling and market research to some of the …