A downturn in the house building market led to profits at Travis Perkins being slashed by £175m during its latest financial year. The Northampton-headquartered company has reported pre-tax profits of …
Retirement Planning
Hiscox benefits from marketing blitz as insurer posts record profits and launches buyback
Lloyd’s of London insurer Hiscox is set to reward shareholders with a $150m (£118m) buyback after posting its highest-ever annual profit on the back of higher interest rates and a …
Intertek reports revenue growth as companies put a bigger focus on quality, safety and sustainability
Laboratory testing firm Intertek has seen a revenue boost driven by companies putting greater focus on quality, safety and sustainability in their products. Revenue at the FTSE 100 multinational, which …
Johnson Services thanks ‘significant investment’ and acquisitions for strong results
Cleaning firm Johnson Services Group posted a bumper year after “significant investment” was made, as it expects profits to be in line with forecasts. Cheshire-based firm JSG, which provides textile …
Home REIT: Scandal-hit housing investor threatens to sue those ‘responsible for wrongdoing’
Embattled housing investor Home REIT has threatened to sue those it considers “responsible for wrongdoing” today as it comes under pressure from a Financial Conduct Authority probe launched last month. …
These nine London mega-projects could transform the face of the capital
Nine London mega-projects have been identified in the capital’s first ever ‘investment prospectus’ – with the potential to change the face of the capital. Projects in the West End, Crystal …
Drilling boom helps Keller strike gold in North America while Europe falls behind
The 2023 fossil fuel drilling boom in North America has driven Keller’s profit up nearly 70 per cent, offsetting weak European performance. In its results for the year ended 31 …
Greggs on a roll as night trade helps baker to “impressive” financials
High street bakery Greggs has cheered another strong trading period as late-night sales helped boost earnings. In an update to markets this morning, the no-frills chain said total sales grew …
Spirent: Another listed UK firm to go private after £1bn offer
British telecoms testing services provider Spirent Communications has agreed to be sold to US communications equipment firm Viavi in a deal valuing it at £1bn amid a plunge in profits. …
Hybrid work specialist IWG reports record year but stays ‘cautious’
Hybrid work specialists IWG has reported a record year for revenue, but said it’s “cautious” about the year ahead as it looks to keep costs down. International Workspace Group said …