Property developer and investor Henry Boot has announced a five per cent rise in its interim dividend on good sales and a better outlook for the property market. Its the …
Personal Finance
Goldman-backed Petershill announces bumper dividend after pick-up in dealmaking
Petershill Partners has announced a special dividend of 9 cents (7p) per share after a flurry of deals and a successful asset raising round helped the private equity firm return …
Accor: Novotel, Pullman Mercure hotels return to the black as profit jumps at Ibis
The company behind Accor’s Novotel, Pullman and Mercure brands in the UK returned to the black in 2023 while profit jumped its Ibis division, it has been revealed. Newly-filed results …
Microsoft: Tech giant announces mammoth buyback and hikes dividend
Tech giant Microsoft has announced a new $60bn share buyback programme and hiked its quarterly dividend by 10 per cent. This new shareholder cash return replaces Microsoft’s previous $60bn programme, …
THG looks at separating THG Ingenuity arm
THG, the global beauty and nutrition group, has announced it’s looking to demerge its THG Ingenuity brand. The company, which also owns City A.M. and is based in Manchester, told …
Playtech sells Italian arm to Flutter for £2bn
London-listed gambling tech provider Playtech has agreed to sell its Italian gaming arm Snaitech to Flutter Entertainment for €2.3bn (£1.9bn). Playtech first confirmed discussions with Flutter, the owner of Paddy Power …
OVO Energy to pay out millions in compensation after Ofgem probe
The UK’s fourth-largest energy supplier, OVO, has agreed to a £2.37m settlement following a regulatory investigation by Ofgem. The energy watchdog uncovered significant delays in addressing customer complaints, with some …
B&Q owner Kingfisher sales dip as customers shun ‘big-ticket’ items
B&Q owner Kingfisher has reported a “resilient” set of results after a series of profit warnings last year, but weaker sales in France continued to weigh on profit. According to …
JTC: Profit soars after spate of acquisitions
Financial services provider JTC has hailed a good start to the year after beating its upgraded guidance after a flurry of acquisitions. The acquisitive fund management firm, which is a …
Headlam hit with £16m loss as Brits cut home improvement spending
British flooring specialist Headlam has endured a tough six months, blaming a drop in home improvement spending as the key factor behind a sharp fall in revenue. The London-listed firm …