City-based insurer Lancashire has unveiled a special dividend aiming to award around $119m (£93m) to shareholders after swinging to an annual profit. The group’s pretax profit came in at $321.5m…
The expected tax cut to national insurance in today’s budget has set commentators off – wondering if the Chancellor’s sums will add up, and how much it will “cost” the…
Matalan lost more than £100m in the year it was taken over by its lenders, newly-filed accounts have revealed. The group agreed a deal to take control of the Liverpool-headquartered…
Embattled investment trust Digital 9 Infrastructure has overcome a potential hurdle to wind down by gaining regulatory approval to sell the ‘crown jewel’ of its portfolio. The trust is currently…
A teenager has been charged with a firearms offence after three were injured in an alleged shooting incident near Clapham Common in South London.. The Metropolitan Police said it arrested…
London Southend Airport (LSA) is to be taken over by US private equity giant Carlyle after a deal was agreed to settle a debt with its current owner. The investor…
Capita has incurred £25.3m in costs tied to a cyber attack last March as the outsourcing giant swung to an annual loss and ramped up its cost-cutting programme. Shares fell…
Ibstock has seen a 71 profit crash as UK sales sank and inflation whipped up materials prices. The London-listed building solutions provider and products manufacturer today said that profit before…
A storm overflow in Surrey operated by Thames Water has been discharging sewage continuously for 145 hours – more than six days straight. According to the embattled water provider’s own…
Construction group Galliford Try said pre-tax profits increased in the half year due to increased demand for its infrastructure and building experience. This morning the construction firm told investors the…