The chief executive of Onesavings Bank (OSB) has seen his remuneration for last year slashed by 40 per cent after the lender posted a slump in annual profit. The FTSE …
Investing
Bargain-loving Brits help drive profit at B&M with 45 new stores in the pipeline
Value retailer B&M Bargains is expecting profits to come in at the top range of guidance, as demand for bargain goods continues to surge amid the cost of living crisis. …
Record sales for Beefeater gin and Chivas Regal whisky owner
Profits at the company behind the likes of Beefeater gin and Chivas Regal whisky surged by almost £100m during its latest financial year as its sales passed the £1.3bn mark. …
International Paper wins DS Smith bidding war over Mondi
International Paper Company has reached an agreement with UK rival DS Smith to acquire it for £5.8bn, beating out its competitor Mondi in the bidding war. Under the terms of …
System1 to resume dividends after topping profit forecasts
Digital marketing platform System1, which is partnered with Pinterest, is set to resume paying shareholders a dividend after it beat market expectations for the full year. The London-listed advertising company …
Plus500 expects to outperform market expectations after strong start to 2024
Retail trading platform Plus500 has made a strong start to 2024, telling investors in an update this morning that it will outperform market expectations. In the first quarter of the …
Equals: Payments fintech doubles annual profit and eyes up further growth with deals
Payments fintech group Equals has more than doubled its annual profit on the back of rapid growth and international expansion, eyeing up further M&A opportunities in 2024. The AIM-listed firm, …
Last lap: Lamborghini Huracan bows out with STJ special edition
Production of the Lamborghini Huracan is drawing to a close, but the Italian supercar will sign off with a final special edition. Only 10 examples of the Huracan STJ will …
Red flags: Recruiter Hays the latest to sound alarm on 2024 economy
Hays became the second recruiter in as many days to sound the alarm on the hiring market and the state of the global economy this morning, with fees crashing across …
Superdry to delist from London Stock Exchange in latest effort to stay afloat
Embattled fashion brand Superdry has said it will delist from the London Stock Exchange as part of a restructuring plan to keep the company alive. On Tuesday morning, the board …