Metro Bank has swung to its first annual profit since 2018, following a tough year for the branch-focused lender. The firm posted a statutory profit before tax of £30.5m in …
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Electric Guitar plc delisting from London Stock Exchange ahead of reverse takeover
Digital marketing service company Electric Guitar has said it is de-listing from the London Stock Exchange, following a reverse takeover deal agreed last year. The firm said this morning it …
4imprint reports bumper profit as firm targets market share expansion
Promotional product manufacturer 4imprint has reported a 32 per cent jump in profit for 2023 as the firm looks to continue expanding its market share. In its annual results, the …
Strong outlook for construction gives Balfour Beatty room to return cash to investors
Balfour Beatty’s profit fell in 2023 as the infrastructure giant flagged a “challenging” macroeconomic backdrop. Underlying pre-tax profit dipped year-on-year from £291m to £261m, while operating profit also came in …
Victoria chair puts ‘a lot of noise’ behind him but no ‘immediate’ turnaround
The exec chairman of carpet giant Victoria acknowledged a “lot of noise” around his company in a trading update this morning, as it attempted to put a fraud warning and …
UK economy takes first steps out of recession as growth returns in January
The UK took its first steps out of recession after the economy returned to growth in January, raising hopes that last year’s contraction is already over. The UK economy grew …
Tories should get back to the real world – just not the one Lee Anderson lives in
Far from reflecting ‘the real world’, the Anderson extended universe is as full of artifice as anything else in politics, says Alys Denby Lee Anderson’s show on GB News is …
The Notebook: No crystal ball? How insurers are predicting risk in an increasingly unpredictable world
Where the City’s thinkers get a few things off their chest. Today, Mike Steel, general manager at Moody’s RMS, takes the Notebook pen. Past performance is no guarantee of future …
Will it work? VAT cuts for small businesses
It’s an election year. Politicians are giving us a barrage of policies. But we often forget to ask the most important question: will they actually work? In this column Sam …
Six Nations: England U20 crop must be given chance to shine
While England’s senior men’s team scuppered Ireland’s chance of securing back-to-back Six Nations Grand Slams at the weekend, the Under 20 side have achieved a bigger feat in recent weeks. …