The UK’s main banking regulator has given BBVA permission to take indirect control of TSB Bank as the lender’s Spanish owner, Sabadell, fends off its hostile takeover attempt. BBVA said …
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Midwich: Tech distributor posts solid growth despite headwinds
Audio and TV distributor Midwich has defied broader market headwinds to post a double-digit rise in gross profit and improved revenue numbers. The Norfolk-based firm, which has been a constituent …
Michelmersh: Profit sags at brick maker but order book hits multi-year high ahead of building boom
Brick maker Michelmersh reported a decline in operating profit during the first half of 2024 as economic uncertainty and high interest rates hit housebuilding. Michelmersh’s operating profit fell to just …
Watches of Switzerland: The worst is over for the luxury watch market
Watches of Switzerland has said the worst is over for the luxury market in the UK as it reported steadying demand for high-end watches from its stores. In a trading …
Ondo Insurtech partners with NFU Mutual to expand leak claims offering
Ondo Insurtech has struck a deal with member-owned insurer the National Farmers Union Mutual to introduce its Leakbot technology to its customers. The London-listed firm said on Tuesday that the …
Criminal Record producer STV takes control of Glasgow production company
Public broadcaster STV has announced it has upped its stake in Glaswegian production company Hello Halo as it posted strong half year results, saying its order book for new shows …
Ashtead: Profit down at equipment giant as revenue slows
Equipment rental group Ashtead’s revenue grew just two per cent, and profit fell during the three-month period ending 31 July, as a construction slowdown across the US hit the company. …
Hollywood’s slow transition: Transgender representation is slowly, slowly improving
The work of Elliot Page shows that transgender inclusion is about adding more voices rather than anything being taken away, says Victoria Luxford. This week sees the release of Close …
Not everyone is suffering: Insolvency expert Manolete booms as more companies go bust
The poor state of the economy hasn’t been bad for everyone, as insolvency litigation financing firm Manolete Partners has returned to profit thanks to the withdrawal of government support for …
Zilch: London fintech unicorn hits monthly operating profit ahead of planned listing
Zilch has reported its first month of operating profit four years after launching ahead of a much-anticipated stock market listing. The London-based payments firm, launched in 2020, said it achieved an …