One of the Big Four, EY, has been issued a financial sanction by the accountancy regulator for failing to comply with a fee cap for Roman Abramovich-owned Russian mining group …
Financial Planning
Tritax Big Box: Profit up as market reaches ‘inflection point’
Tritax Big Box, a real estate investment trust (REIT), reported strong first-half trading results and expressed optimism about investment opportunities in the strengthening UK real estate market. Tritax Big Box specialises …
Toyota: Interest payment rises help sales accelerate towards £1bn at European arm
Sales at the European arm of Toyota have accelerated by almost 50 per cent to almost £1bn during its latest financial year, it has been revealed. The car making giant, …
TP ICAP: Broker’s shares jump to three-year high after profit beat and fresh buyback
Shares in inter-dealer broker TP ICAP jumped as much as 15 per cent on Wednesday after its half-year profit beat market expectations and it launched a third share buyback programme. …
British Basketball League champions placed in administration after 777 collapse
Administrators have been appointed at dual British Basketball League champions London Lions as former owners 777 Partners’ sporting empire continues to unravel. London Lions, who have been at the forefront …
BMW back in the black after UK sales move up a gear
The UK arm of BMW surged back into the black during 2023 thanks to a jump in sales across all its brands. The Hampshire-headquartered division has reported a pre-tax profit …
Glencore: FTSE 100 mining giant opts against coal spin-off after investor feedback
Glencore no longer plans to demerge its coal business after an “overwhelming majority” of shareholders told the mining giant to retain the division. The FTSE 100 constituent had planned to …
Property Franchise Group heralds ‘transformational’ growth after Belvoir deal
The Property Franchise Group (TPFG), which operates brands including Hunter’s and Ellis & Co, has announced booming revenue following the acquisition of Belvoir and Fine & Country. Aim-listed TPFG, which …
Profit soars in bumper year for Goodwin as investments pay off
Engineering group Goodwin PLC has reported another bumper year as efforts to break into new markets begin to pay off. The London-listed company saw its revenue soar to £191m in …
Late surge calms management’s fears at bathroom brand Samuel Heath
British tap and bathroom accessory maker Samuel Heath said its sales had “turned out considerably better than the board had feared” thanks to a surge in orders in the final …