Asset finance software company Alfa Financial Software has posted an uptick in annual profit while announcing a special dividend as part of plans to return £9.7m to shareholders. The firm …
Personal Finance
Shell chief nets £8m as firm moves goalposts on net zero strategy
The head of Shell received nearly £8m last year as the petrogiant cut executive pay following a drop in energy prices. The firm handed chief executive Wael Sawan, who took …
High-end estate agent Savills blames interest rates for profit crash
Commercial and residential estate agent Savills made a loss during the full year as rising interest rates hindered activity. This morning, the firm, which is publicly listed, said profit before …
Amati’s AIM-focused venture capital trust could ditch the growth market as performance plummets
The Amati AIM VCT has begun a strategic review to decide whether it should be able to invest outside of London’s smallcap market due to its poor performance. The venture …
IG Group posts rise in revenue despite lowest market volatility in over five years
Online trading platform IG Group has posted an increase in revenue in the third quarter despite seeing the lowest level of market volatility in more than five years. The FTSE …
Astrazeneca: Pharma giant snaps up rare disease biotech firm Amoylt
Astrazeneca has announced the acquisition of rare disease biotech firm Amolyt Pharma as part of its expansion into the development of rare disease treatments. The pharmaceutical giant will purchase Amolyt …
Vistry launches buyback as revenue boosted by affordable housing push
Vistry’s transition to an affordable housing provider has started to yield results for the housebuilder, according to its 2023 results, published this morning. Last October, the London-listed firm stated it …
Trainline shares soar as ticket sales hit £5.3bn on ‘less severe’ rail strike impact
Trainline shares soared over ten per cent this morning as ticket sales boomed due to an ease in the impact of UK rail strikes and strong European demand. Group net …
Record pay day for Timpson family as group ‘far exceeds expectations’
The Timpson family paid themselves the largest dividend in the group’s recent history after its financial performance “far exceeded our expectations”. The family, which founded the group in 1865, received …
Bridgepoint reports ‘robust’ investment returns despite tough market conditions
Private equity firm Bridgepoint has posted an 11.5 per cent rise in underlying pretax profit despite “more challenging, but improving, market conditions.” Bridgepoint’s underlying pretax profit was 11.5 per cent …