City-based insurer Lancashire has unveiled a special dividend aiming to award around $119m (£93m) to shareholders after swinging to an annual profit. The group’s pretax profit came in at $321.5m…
Matalan lost more than £100m in the year it was taken over by its lenders, newly-filed accounts have revealed. The group agreed a deal to take control of the Liverpool-headquartered…
The expected tax cut to national insurance in today’s budget has set commentators off – wondering if the Chancellor’s sums will add up, and how much it will “cost” the…
Embattled investment trust Digital 9 Infrastructure has overcome a potential hurdle to wind down by gaining regulatory approval to sell the ‘crown jewel’ of its portfolio. The trust is currently…
A teenager has been charged with a firearms offence after three were injured in an alleged shooting incident near Clapham Common in South London.. The Metropolitan Police said it arrested…
Capita has incurred £25.3m in costs tied to a cyber attack last March as the outsourcing giant swung to an annual loss and ramped up its cost-cutting programme. Shares fell…
London Southend Airport (LSA) is to be taken over by US private equity giant Carlyle after a deal was agreed to settle a debt with its current owner. The investor…
Construction group Galliford Try said pre-tax profits increased in the half year due to increased demand for its infrastructure and building experience. This morning the construction firm told investors the…
A storm overflow in Surrey operated by Thames Water has been discharging sewage continuously for 145 hours – more than six days straight. According to the embattled water provider’s own…
Ibstock has seen a 71 profit crash as UK sales sank and inflation whipped up materials prices. The London-listed building solutions provider and products manufacturer today said that profit before…