The organisation behind the Mercury Prize and that co-owns the Official Charts Company saw its profit cut during 2023 despite the financial success of the BRIT Awards. British Phonographic Industry (BPI), …
Personal Finance
Aston Martin loses over £200m as demand for luxury models reverses
A fall in demand for luxury models led to Aston Martin losing more than £200m during the first half of 2023, it has been revealed. The Warwickshire-headquartered company has reported …
Easyjet ‘on track’ for another record summer as profit rises on strong travel demand
Easyjet is “on track” for a second consecutive record breaking summer, its chief executive has said, as profit and revenue rose on strong travel demand. The low-cost carrier reported £236m …
Durex owner Reckitt to sell off brands in simplification drive
Durex condom maker Reckitt Benckiser has pledged to sell off its home care and nutrition brands as part of a simplification drive, instead focusing on health and hygiene. Focusing on …
Euros and Betches deal drive growth at LAD Bible owner LBG Media
LBG Media, the company behind popular entertainment channel LAD Bible, has posted strong revenue and earnings growth as a result of the UEFA Euros tournament and soaring audience numbers. The …
Informa snaps up listed events rival Ascential in sign of buoyant sector
UK events group Informa has snapped up London-listed rival Ascential in a bid that valued the owner of the Cannes Lions festivals and Money 20/20 at approximately £1.2bn. The deal, …
Harworth: Property developer on track to grow portfolio to nearly £1bn after strong start to 2024
Six months into its financial year property developer Harworth says it’s on track to grow its investment portfolio to almost £1bn in the next five years, having already completed more …
Profit drops at Santander UK but boss Regnier hopes for brighter second half
Santander UK reported a sharp drop in profit in the first half of the year but said there were signs of growing tailwinds for the rest of 2024. The Spanish …
Vimto maker Nichols issues bumper dividend amid profit boom
Vimto maker Nichols has declared a bumper £20m special dividend and hiked its interim dividend by 18 per cent, after the company recorded double digit profit growth in the first …
Heathrow hits record passenger numbers but bemoans ‘tight’ landing fees ruling
Heathrow Airport carried a record number of passengers in the first half of the year but warned a regulatory ruling on the level it can charge airlines in landing fees …