Rising costs hit the Co-op Bank’s profit in 2023 as the lender confirmed that takeover talks with Coventry Building Society “remain ongoing.” Pretax profit fell from £132.6m to £71.4m in…
Aston Martin’s losses more than halved in its full-year results, despite a hit to wholesale volumes after production issues with the roll-out of its DB12 model in November. Pre-tax losses…
Thames Water has refused to be drawn on a bombshell report that it is lobbying both the government and regulator to avoid a bailout, with customers footing the bill. The…
Halfords has issued another profit warning as the cycling and motoring retailer continued to be impacted by a “weakening” demand for its goods. Shares in the firm fell by over…
Jaguar Land Rover owner Tata has confirmed the site for the UK’s biggest electric vehicle battery factory. The Indian Conglomerate confirmed it would invest £4bn into building the giant gigafactory…
Office giant Derwent London has upgraded its expectations for 2024 as demand for its central London properties remained robust. In the firm’s 2023 results, it revealed it had brought in…
London-listed firm Endeavour Mining has reported a fatality at one of its sites in Burkina Faso. The FTSE 100 firm said a worker was killed on Tuesday at the Mana…
China’s property crisis shows no sign of abating after Country Garden, the country’s largest property developer, was hit by a winding up petition from a creditor. The liquidation petition was…
AB Dynamics, the provider of robots and simulators for Alfa Romeo’s Formula 1 team, maintained its financial outlook for 2024 this morning after reporting a “solid order book.” The firm…
Shares in Durex condom maker Reckitt Benckiser have flopped over nine per cent in early trades this morning after the firm missed analyst expectations for 2023. Operating profit at the…