Ineos Britannia is a boat designed to do something Great Britain has never done before: win the America’s Cup. It is the oldest international sporting trophy in the world and …
Estate Planning
Harbour Energy returns to profit despite falling revenue and cash flow
Harbour Energy has returned to the black on Thursday despite the largest UK-based North Sea oil and gas producer suffering a dip in revenue and cratered free cash flow. The …
Watchdog cracks the whip on crypto firms after compliance failures
The Financial Conduct Authority has complained that crypto companies are failing to comply with new rules regulating their advertising, with many attempting to skirt the rules. “We have seen firms …
Housing operator Mears ups guidance as Ministry of Defence extends contracts
Affordable housing operator Mears has reported an “excellent” set of results driven by government social housing contract wins and high demand from immigration-related services. Mears, which manages 17,000 houses for …
Coke arrest at Paris 2024 Olympic Games forces apology from athlete
Olympic Games hockey player Tom Craig, from Australia, was forced to apologise after being released from custody following an arrest for allegedly buying cocaine in Paris. He was released with …
Hikma given shot in the arm by ‘excellent’ double-digit growth
Pharmaceutical firm Hikma has hiked its dividend and raised its guidance having hailed an “excellent” first half of the year. The Jordanian-founded FTSE 100 pharma firm, which in June bolstered …
Legal group NAHL reduces debt as firm eyes up division sale
NAHL, a London-listed business that focuses on the consumer legal services market, has reported a dip in revenue as the board eyes up a potential division sale. The group reported …
Philips shrugs off ‘challenging year’ with UK profit spike
The UK arm of consumer electronics firm Philips shrugged off a “year of many challenges” to post a surge in profit for 2023. The division, which is headquartered in Farnborough, …
Infrastructure firm Hill and Smith shares fall as UK business weighs on bottom line
Hill and Smith shares tumbled this morning after the infrastructure supplier flagged challenges in its UK business. On an underlying basis, pre-tax profit rose 10 per cent to £63.2m in …
Evans Cycles: Big loss revealed in delayed results for brand owned by Mike Ashley’s Frasers Group
Significantly delayed accounts for Evans Cycles have revealed how far the brand, which is owned by Mike Ashley’s Frasers Group, has slumped further into the red. According to results for …