Money manager Abrdn said its cost-cutting programme was “on track” today as its total funds under management ticked up in the first three months of the year and the flow …
Retirement Planning
Harvey Nichols: Customers returning to luxury department store chain helps sales pass £200m and slash losses
More customers choosing to shop at Harvey Nichols helped sales pass £200m for the first time since the pandemic, according to newly-filed accounts. The luxury department store chain, which was …
Best breakfast in London: From The Ned to The Wolseley
They say it’s the most important meal of the day, so Alex Dalzell got up at the crack of dawn to hunt for the best breakfast in London, specifically the …
Gold haul down but silver up for Fresnillo’s start to 2024
Mexican metal miner Fresnillo has balanced the scales on its first quarter production report with its silver haul coming in higher year-on-year but gold ticking lower. The London-listed entity said …
Cosworth hails record revenue at former Formula One engine suppler
Former F1 engine supplier Cosworth achieved a record revenue of £100m during 2023 “despite challenging market and supply chain conditions”. The manufacturer, which is a supplier to the likes of …
Despite its problems, Thames Water still aims to pay £2bn in dividends over the next decade
It has been reported that, despite the company’s myriad of issues, Thames Water has asked the regulator to let it pay up to £2bn in distributions to its investors over …
Lloyds profit drops against bumper 2023 as margins shrink
Lloyds Banking Group has posted a 28 per cent fall in profit – in line with analysts’ estimates – as price wars and the prospect of interest rate cuts starting …
Reckitt Benckiser: Nutrition arm bruised amid baby formula litigation case
A slump in earnings at its nutrition arm weighed on Reckitt Benckiser’s earnings in the first quarter. The maker of Durex and Nurofen reported like-for-like revenue growth of 1.5 per …
Jet2 gets summer-ready with new planes and profit before tax up a third
Package holiday favourite Jet2 has said its profit before tax will be up by a third on last year, as its summer bookings are ahead – but winter remains uncertain. …
Heathrow Airport hits historic footfall but urges UK to ‘rethink anti-growth policies’ like tourist tax
The busiest start to a year in its history has seen London’s Heathrow Airport turn a £83m profit through the first three months of 2024. According to the company’s first …