Losses at embattled oil services provider Petrofac almost doubled to more than $400m (£314m) during 2023 after its delayed accounts were finally published. In what Petrofac has described as a…
Superseed Capital, a venture capital fund investing in early stage companies focusing on AI and software as a service, has invested almost half a million pounds over the last three…
Listed online-only building materials firm CMO’s revenue and profits suffer a significant drop over the last financial year as the group blames a “difficult market backdrop”. CMO Group reported on…
Prime Minister Rishi Sunak has announced Britain took part in a new round of airstrikes against Houthi rebels, insisting it was in “self defence”. In an announcement on Friday morning,…
The Competition and Markets Authority has launched an investigation into the £2.9bn merger of Nationwide with Virgin Money, with the outcome in late July. The watchdog told markets this morning…
Mike Ashley’s Frasers Group has upped its stake in fashion brand Hugo Boss, bringing its total share in the company to £305m. In a stock exchange announcement this morning, the…
Natwest has bought back another chunk of shares from its largest shareholder, HM Treasury. This morning, the company announced that it had purchased 392m shares from the government, representing 4.5…
JD Sports reported a dip in full-year pre-tax profit as it flagged a “challenging and volatile” market, after its results were delayed for two days. Profit before tax and adjusting…
London-listed DP Poland, the operator of pizza stores across Poland and Croatia, has had double-digit growth in revenue after it invested in “swift service”. The group holds the master franchise…
Revolution Bars has taken itself off the market and announced a strategic restructuring plan that it said was “in the best interests of all stakeholders”. The company put itself on…