British food science operation Tate & Lyle blamed a weak customer demand and inflation for a fall in volumes and revenues. In an update this morning, the public company revealed …
Estate Planning
Government banks largest monthly surplus on record ahead of Spring Budget
The government recorded its largest monthly surplus since records began in January, helping borrowing in the year-to-date come in over £9bn below official forecasts. According to figures from the Office …
Heathrow turns first profit since pandemic amid Middle East takeover speculation
Heathrow Airport has turned its first profit in four years amid speculation that a consortium of Middle Eastern, state-backed investment funds could become prominent shareholders in the hub. Europe’s largest …
GSK reports robust results from latest trial with injectable HIV treatment
GSK has today reported favourable findings from the Latitude phase III study of its long-acting injectable antiretroviral treatment (ART) for HIV. The study was conducted by Viiv Healthcare, the global …
Glencore reports steep drop in profit as the good times come to an end for the mining giant
Glencore has reported a drop in profit and reduced shareholder returns following the “normalisation of international energy flows.” The firm’s full-year 2023 figures showed the group reported earnings before interest, …
Market data specialist Arcontech sees profits jump as clients stay loyal
Arcontech, which specialises in financial market data processing, has reported a jump in profits as its blue-chip client base remains loyal despite tough economic conditions. The AIM-listed firm’s pretax profit …
Mauro Colagreco at the Old War Office: Absurd? Brilliant? Both?
Mauro Colagreco at the Old War Office at Raffles London – or just plain old Mauro to its friends – is the kind of place where the bread comes with …
Pawnbroker H&T snaps up Essex firm as recession drives Brits to borrowing
Pawnbroker H&T has snapped up a fellow broker firm in Essex for £11.3m, as the business continues to profit from cash-strapped Brits amid an economic squeeze. This morning, the UK’s …
Inglorious Barca: Identity crisis engulfing Barcelona’s Champions League last chance
It is rarely a quiet week at FC Barcelona, and in the last few days, ahead of a crucial Champions League match, tensions have heightened as their unique identity – …
BAE Systems’ order backlog hits record levels as global defence spending booms
BAE Systems order backlog reached record levels in 2023, as defence spending boomed in the wake of the war in Ukraine and rising geopolitical tensions globally. Britain’s premier defence contractor’s …