A major pension scheme adviser has calculated that listed firms with defined benefit pension funds could miss out on £125bn by making increasingly popular buy-out or buy-in deals with insurers. …
Retirement Planning
Ocado cements Coles partnership as Australian fulfilment centres open
Online grocer Ocado has announced that its two fulfilment centres in Australia commenced operations in July after a year of delays. The centres, which will serve communities in Melbourne and …
JD Wetherspoon: Tim Martin’s chain reveals when its new London Waterloo pub will open
Sir Tim Martin’s JD Wetherspoon will open a new pub in Waterloo Station next week, creating 70 jobs and serving Brits waiting for delayed trains. The budget boozer said it …
AS Watson: Pharma partner Icanthera’s cash reserves soar
UK-based pharmaceutical company Icanthera said its cash reserves soared over the last year as it has struck a major deal and is focusing on developing new products. The company that …
Go Ape continues climb down from Covid-19 pandemic high
The financial performance of Go Ape continued its post-pandemic climb down following the “exceptional demand” it experienced as the UK came out of the Covid-19 lockdowns. The employee-owned adventure group, …
St James’s Place: UK’s largest wealth manager kicks off share buyback
St James’s Place has kicked off a fresh share buyback programme as the UK’s largest wealth manager looks to bounce back from a tough year marked by scandal. The FTSE …
Helium One snaps up stake in major US project as global expansion takes off
London-listed helium explorer Helium One has acquired a significant stake in two major US projects as it continues its quest to expand its global footprint. The firm, which is the …
BHP: World’s largest miner reports profit slump due to ‘uneven’ China recovery
BHP has warned that China’s continuing economic travails would impact the global commodities market as it reported a mixed bag of results. In the firm’s annual results, the miner noted …
Bunzl: FTSE 100 giant upgrades profit guidance amid record year for acquisitions
Specialist distribution group Bunzl has upgraded its profit guidance once more and reported a strong first half as its resilient business model continued to hold up. The FTSE 100 company reported …
Cambria Africa eyes AIM delisting as it plots liquidation of assets
Cambria Africa, a holding company with investments in Zimbabwe, has announced plans to delist its shares from London’s AIM market. The company’s shares have been suspended from trading since March …