Losses widened at Pragmatic Semiconductor, the company set to become the UK’s largest chip manufacturer by volume, during 2023 as it ramped up its investment plans. The Cambridge-based manufacturer has posted …
Estate Planning
Admiral Acquisition becomes latest firm to exit London Stock Exchange after £1.48bn deal
Admiral Acquisition has become the latest company to announce it will leave the London Stock Exchange for New York, after buying US engineering business Acuren for $1.85bn (£1.48bn). The special …
Ghost Ship producer Adnams reports bigger loss amid question mark over its future
Strong demand for beer helped Adnams, one of the oldest names in British brewing, report a slight uptick in sales for the 12 months to 31 December, but the company …
Which football academy produces the most Premier League playing minutes?
The Premier League may be done and dusted for the summer but there’s still lots to talk about, including academies. The FA Cup takes place this weekend between Manchester United …
Mining mega-merger in doubt as clock ticks down on BHP’s Anglo American offensive
The clock is counting down on BHP’s takeover swoop for Anglo American today as the Australian miner is left with just hours to table an improved offer or walk away. …
Could the Bank of England still cut rates in June after poor inflation figures?
Today was supposed to be the day that inflation reached the two per cent target, bringing an end to the UK’s struggle with inflation over the past couple of years. …
Severn Trent: revenue and profit up at water firm
Water firm Severn Trent has seen an uptick in turnover, profit before tax and adjusted earnings per share in the year to March. The company also hiked its dividend despite …
Losses slashed at The Very Group after major investment
The Very Group said it has “delivered a resilient performance despite market pressures” as its losses were slashed. New figures show the Liverpool-headquartered company made a pre-tax loss of £2.1m …
Millions or billions? Citi fined £62m after trader gets mixed up
The UK’s banking and financial regulators have slapped Wall Street titan Citigroup with a £61.6m fine for trading systems and controls failures that led to $1.4bn (£1.1bn) worth of European …
British Land: Shift away from shopping centres helps deliver full year growth
British Land said its strategy of shifting its focus away from assets such as shopping centres is “delivering”, as it posted modest growth in its full year results. On Wednesday, …