Pest control experts Rentokil saw revenue leap by 45 per cent in 2023 as the acquisition of US peer Terminix started to bear fruit. The group today said that revenue …
Personal Finance
Brooks Macdonald: Wealth manager puts ‘behind plan’ international arm under review
Wealth manager Brooks Macdonald has placed its international division under review after telling markets it is “behind plan” following a string of poor results. The publically traded investment firm said …
Funding Circle looks to offload US arm and kicks off share buyback as losses deepen
Fintech firm Funding Circle kicked off a £25m share buyback programme today and said it was looking to offload its loss-making US division in the hope of stemming losses and …
Beazley kicks off buyback after profit hits a record
Insurance firm Beazley has kicked off a $325m (£255m) share buyback today after notching record profits over the past year. In its full-year results this morning, the FTSE 100-listed Lloyd’s …
Brake Bros makes first profit since 2018 after revenue jumps by £1bn
Food and distribution company Brake Bros returned to profit for the first time since 2018 after its revenue increased by £1bn during its latest financial year. Newly-filed accounts for the …
Melrose Industries sets sights on growth as new chief takes aerospace reins
Aerospace group Melrose Industries has raised its guidance for 2024 after reporting better than expected pre-tax losses amidst major board changes. Statutory losses before tax at the FTSE 100-listed firm …
Marks and Spencer confirms first female boss Katie Bickerstaffe is to step down
The first female boss of Marks and Spencer, Katie Bickerstaffe, is to step down from the business, the retail favourite has confirmed. Bickerstaffe joined the high-street darling just over two …
Admiral posts 23 per cent jump in profit on price hikes but lowers dividend
Insurer Admiral has posted a surge in profit as it reaped the benefits of price hikes, offsetting the impact of higher claims inflation. However, investors were rewarded with a lower …
Spring Budget 2024: UK Silicon Valley dreams far off say tech bosses
“We’re on track to become the world’s next Silicon Valley,” declared chancellor Jeremy Hunt in his Spring Budget announcement on Wednesday. Alongside a 2p cut to National Insurance and the …
Bitcoin’s Brief New All-Time High Sparks Bull Market’s First Liquidation Cascade
Each day, Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets Tuesday evening reminded us …