Insurance giant Aviva has posted a rise in annual profits as it rewards shareholders with a £300m buyback and upgraded dividend guidance. Its shares rose 4.1 per cent on Thursday…
Cybersecurity group Darktrace has reported a 27.4 per cent jump in revenue for the first half of its financial year. For the six months to the end of December, the…
Recruiter Robert Walters has joined rival Pagegroup in slashing headcount over the past year, citing the difficult jobs market in the UK, and London in particular. The London-listed company said…
Sky News’ City Editor Mark Kleinman writes a weekly column for City A.M., this week on the budget, the latest on the Woodford fallout, and another bank tie-up For a…
Threads business Coats Group posted a flat set of earnings for 2023 and blamed a “widespread industry destocking” for the tepid performance. Revenue at the British multinational was down nine…
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…
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…
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…
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…
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…