London-listed developer SSE and its joint venture partner APG have confirmed they will move forwards with a project to build what will become the biggest offshore wind farm in the …
Personal Finance
Homebuilder Vistry boosts output target as cost inflation softens
In a welcome boost for the UK housebuilding sector, construction company Vistry has announced a 10 per cent rise in profit for the first half of the year to £227m. …
Betfred enters the red despite online gambling surge
A surge in online gambling helped Betfred’s turnover pass £900m during its latest financial year but was not enough to stop the company entering the red. The Warrington-headquartered business has …
Hunting rides wave of energy firms’ oil and gas demand
Oil well manufacturer Hunting traded ahead of expectations in the first half of 2023, its management has said, thanks to especially strong performance in its oil country tubular goods and …
Wood bags six-year contract on Shell’s Prelude facility
Shell has awarded a six-year contract to engineering company Wood to provide management solutions for the world’s largest floating offshore liquified natural gas (LNG) facility. The Prelude facility in Western …
Question Time maker wants to reclaim ‘world-class’ status after falling to a loss
The group which makes Question Time, Amazon’s UK Premier League coverage and Top Chef wants to recover its position as a “world-class television content business” after falling to a loss …
Naked Wines secures £47m boost as finance chief heads for exit
Naked Wines has announced the departure of its chief financial officer as it secured a $60m (£47m) boost. CFO James Crawford will be stepping down from his role at the …
Security firm Synectics’ shareholders get first dividend in five years thanks to profit spike
Security firm Synectics will pay a dividend for the first time since 2019 thanks to revenue and profit rises in line ambitious market expectations for the first half of this …
MHA: UK arm of Baker Tilly International hit with £120,000 fine by regulator
The accountancy regulator FRC has issued financial sanctions against MHA, a former partner and a former employee in relation to the audits of MRG Finance UK. MHA, formally known as …
Melrose founders eye FTSE 100 spot for new listed buyout vehicle
A slew of blue-chip investors have backed a new listed private equity vehicle formed by the founders of Melrose Industries. The new shell company, called Rosebank Industries, outlined plans to …