Profit fell at Yorkshire Building Society as margins in the mortgage market were compressed by the plateau in interest rates. In the first six months of the year, the building …
Personal Finance
British American Tobacco: Lucky Strike maker holds guidance but vapes and tobacco sales disappoint
British American Tobacco (BAT) has maintained its full year guidance, but revenue and profit both declined. The tobacco and e-cigarette manufacturer reported that revenue fell by 8.2 per cent year …
Veterinary group CVS gears up for Australia expansion
Veterinary group CVS announced 10 per cent revenue growth but weaker sales amid soft demand and the effect of a cyber security attack, while it separately announced a shift in …
‘So much of the world is controllable – sport isn’t like that. That’s the beauty of it’
A triathlon in London “just feels right”, says Alistair Brownlee, and he should know. The sport’s only double Olympic champion won gold on home soil in 2012 and it remains …
GB Energy to work with Crown Estate to develop offshore wind farms, says government
Britain’s newly created state-owned energy company, Great British Energy, is to partner with the monarchy’s property firm to help speed up the building of offshore wind farms. The Crown Estate …
Tate & Lyle: Revenue dips after it passes cost savings on to customers
Speciality ingredient specialist Tate & Lyle has reported a dip in revenue despite high volumes as it has passed cost savings onto customers. In a trading update issued today ahead …
Astrazeneca: FTSE giant lifts forecast as new drugs drive revenue growth
FTSE 100 heavyweight Astrazeneca has upgraded its full-year revenue and earnings per share (EPS) forecasts, fuelled by a surge in revenues from new medicines. Total revenue and core EPS are …
Rentokil: Stock falls as company fails to impress while takeover rumours swirl
Rentokil shares fell over five per cent this morning after the company issued what could be described as a bland set of results. While the company, which has been the …
Hammerson: Shopping centre giant hit with £500m loss after selling stake in Bicester Village
British shopping centre giant Hammerson has taken a £500m loss on the £1.5bn deal to sell its share in the company behind Bicester Village. The London-listed company reported a loss of …
Relx: Data firm reports £1.5bn profit thanks to AI boost
Data and analytics group Relx continued to push up revenue as profit reached over £1.5bn in the first half of the year, with the group crediting demand for analytics underpinned …