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…
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…
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…
Investment trust HICL Infrastructure is set to sell its £183m stake in an American toll-road project, using the cash to begin a major share buyback programme. The trust said today…
Housebuilder Taylor Wimpey saw its operating profit fall 49 per cent last year as the number of homes built by the company dropped 24 per cent. This morning, the FTSE…
London’s FTSE indexes opened in the red on Wednesday as St James’s Place shares cratered following a disappointing set of results. The blue-chip index opened 0.29 per cent lower at…
Almost £70m was lost by the group behind kitchen maker Magnet after being hit by “unprecedented” inflation, “elevated” energy prices and “notably subdued markets” due to the cost-of-living crisis. The…
Demand for the most expensive luxury jewellery helped sales pass £100m at Boodles during its latest financial year. The family-run company, which was founded in 1798, has posted a turnover…
A majority of voters want the government to prioritise long-term investment in public services in the Spring Budget rather than tax cuts, according to new polling conducted for the Tony…
Just four per cent of homes on sale in London are exempt from “hefty” stamp duty charges, as fresh pressure is piled on the UK Chancellor to reform the levy…