Two of the UK’s largest water utility companies are expecting to see strong performances in a 2023 that was marred by sewage dumping and inflation-busting price hikes across the industry. …
Financial Planning
Dunelm sees continued sales and profit growth despite ‘difficult’ trading environment
Homewares retailer Dunelm has said total sales rose 4.5 per cent in the first half of 2024 as it increased its market share in the furniture market. Revenue hit £872.5m …
AI platform Cordel begins data contract with Network Rail to improve engineering on HS1
Artificial intelligence platform Cordel Group has commenced its contract with Network Rail to provide cutting-edge data capture services on High Speed One. The AIM-listed company said its equipment, which delivers …
Activist investor Kelso gains board seats at The Works as it tries to enhance shareholder value
Activist investor Kelso has gained two board seats at The Works at it looks to up the value of the discount retailer. Kelso chief John Goold and chief financial officer …
Harry Potter publisher Bloomsbury upgrades expectations once again as readers devour fantasy fiction
Harry Potter publisher Bloomsbury has forecast its full-year pre-tax profits to be “significantly ahead” of market expectations, as demand for its books has surpassed projections. It’s the second time in …
Redx Pharma denies US listing plan following report
Redx Pharma has denied it is currently in the process of listing in the US following a report in The Times. The Chesire-based company, which trades on the London Stock …
Vistry and build-to-rent giant Sigma extend partnership to meet surging tenant demand
Housebuilder Vistry has signed on to build an additional 5,000 new homes as the sector seeks to navigate a housing market in flux. The firm said today it has entered …
FTSE 100 today: London markets likely to open in the red amid global market rout
Moving Markets Today: Asian Stocks Dip After Wall Street Sell-Off, U.S. Dollar Near Three-Month Highs; Oil Prices Decline, Lyft Shares Ease After 60% Surge; Focus on UK CPI and Q4 …
Lyft stock surges over 15 per cent on cost reductions despite forecast error drama
Lyft’s stock surged over 15% in extended trading as the ride-sharing company projected achieving positive free cash flow for the year. However, enthusiasm waned after Lyft disclosed an error in …
There’s a solution to dire public services: make our public sector more productive
If productivity can be raised, more services can be provided to the public for any given level of spending, writes Paul Ormerod Pre-election blows are being traded with increasing ferocity …