Commercial and residential estate agent Savills made a loss during the full year as rising interest rates hindered activity. This morning, the firm, which is publicly listed, said profit before …
Retirement Planning
IG Group posts rise in revenue despite lowest market volatility in over five years
Online trading platform IG Group has posted an increase in revenue in the third quarter despite seeing the lowest level of market volatility in more than five years. The FTSE …
Amati’s AIM-focused venture capital trust could ditch the growth market as performance plummets
The Amati AIM VCT has begun a strategic review to decide whether it should be able to invest outside of London’s smallcap market due to its poor performance. The venture …
Astrazeneca: Pharma giant snaps up rare disease biotech firm Amoylt
Astrazeneca has announced the acquisition of rare disease biotech firm Amolyt Pharma as part of its expansion into the development of rare disease treatments. The pharmaceutical giant will purchase Amolyt …
Vistry launches buyback as revenue boosted by affordable housing push
Vistry’s transition to an affordable housing provider has started to yield results for the housebuilder, according to its 2023 results, published this morning. Last October, the London-listed firm stated it …
Trainline shares soar as ticket sales hit £5.3bn on ‘less severe’ rail strike impact
Trainline shares soared over ten per cent this morning as ticket sales boomed due to an ease in the impact of UK rail strikes and strong European demand. Group net …
Record pay day for Timpson family as group ‘far exceeds expectations’
The Timpson family paid themselves the largest dividend in the group’s recent history after its financial performance “far exceeded our expectations”. The family, which founded the group in 1865, received …
Bridgepoint reports ‘robust’ investment returns despite tough market conditions
Private equity firm Bridgepoint has posted an 11.5 per cent rise in underlying pretax profit despite “more challenging, but improving, market conditions.” Bridgepoint’s underlying pretax profit was 11.5 per cent …
EU AI Act: What does it mean for UK business post-Brexit?
Lawmakers in the European Parliament have stamped their approval on the landmark EU Artificial Intelligence (AI) Act today, as the bloc races ahead of the UK in regulating the rapidly …
Sales rise fails to stop Build-a-Bear Workshop entering the red
The UK arm of Build-a-Bear Workshop fell to a loss despite increasing its sales in its stores by 35 per cent, newly-filed accounts have revealed. The company has published its …