Technology company Itim Group has said its pre-tax losses are anticipated to be ahead of market expectations when it announces its full results for 2023. The London-based business added that …
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Clipper logistics owner GXO makes £762m offer for Wincanton as bidding war heats up
GXO, the owner of Clipper Logistics, has announced a £764m swoop for Wincanton, one of Britain’s largest logistics companies, as a bidding war for the firm heats up. The offer …
GSK: Cancer claims plague pharma giant as it settles another Zantac case
GSK, formerly known as GlaxoSmithKline, has reached another confidential settlement in a Californian lawsuit that had alleged its heartburn drug, Zantac, caused cancer. The case, which was set to begin …
Ex-Chancellor Philip Hammond appointed as chair of fintech Railsr
Former Chancellor Philip Hammond has been appointed as the chair of Railsr, a year after the embedded banking platform was rescued from collapse. Embedded Finance, Railsr’s parent company, has announced …
Building materials firm CRH hits record high after announcing new £236m buyback
Shares in Irish building material firm CRH have leapt this morning in London on the back of a seven per cent revenue uplift and buyback extension. Product revenue at the …
Meta faces European complaints over ‘gargantuan’ data collection
Meta is set to face several complaints accusing the tech giant of failing to obtain proper consent before collecting “gargantuan” amounts of data from Facebook and Instagram users for targeted …
Spring Budget 2024: Hunt considering scrapping non-dom rules to fund tax cuts
Jeremy Hunt could scrap or scale back ‘non-dom’ tax status in next week’s Spring Budget in an attempt to raise some cash for tax cuts, according to reports. With less …
Coventry Building Society sees profit boost from rate hikes as Co-op Bank merger talks continue
Higher interest rates have boosted Coventry Building Society’s annual profit as the lender continues to negotiate a potential merger with the Co-op Bank. The lender posted a profit before tax …
NHS delays help private healthcare provider Spire Healthcare’s profit jump by a third
Independent healthcare provider Spire Healthcare Group reported an uptick in revenues and operating profits in its annual results, as the UK’s private healthcare sector continues to perform strongly. The FTSE …
Mishcon de Reya kicks off probe for potential group shareholder claim against Drax
City-headquartered law firm Mishcon de Reya has launched an investigation into a potential group legal action against energy company Drax Group over allegations of greenwashing. The law firm is looking …