City of London Investment Group reports drop in profit as investments struggle
The City of London Investment Group (CLIG) announced its 2023 half-year results as for the first time, the group reported in US dollars. For the second half of 2023, its…
The City of London Investment Group (CLIG) announced its 2023 half-year results as for the first time, the group reported in US dollars. For the second half of 2023, its…
The UK’s electricity and gas watchdog has lowered the energy price cap for consumers to the lowest level in two years. Ofgem this morning said the price cap will fall…
The boss of fintech firm CAB Payments has announced he will step down under a year after its disastrous float on the London Stock Exchange. Bhairav Trivedi, who led the…
A private, unmanned spacecraft has landed on the moon for the first time in more than 50 years. Intuitive Machines’s Nova-C Odysseus lander touched down on the Moon at 23.23pm…
Coca-Cola Europacific Partners (CCEP) has acquired its peer in the Philippines in a deal valued at $1.8bn (£1.4bn). The European bottler and manufacturer of sugary fizzy drinks completed the deal…
Leeds Building Society (LBS) reported a record year for net savings inflows of £2.7bn over 2023, which allowed it to self-fund more than half of its own mortgage lending. The…
Aerospace and defence group Chemring has announced “unchanged” full-year expectations ahead of its AGM later today. However, the group also told investors its order backlog now stood at a record…
A UK waste firm has been slapped with a hefty fine after a cyanide leak led to hundreds of fish dying. J & G Environmental Ltd of Fareham, Hampshire, was…
The beauty retailer is far from the only big brand that could be in trouble – and businesses need to be prepared, argues insolvency expert Roger Hutton The Body Shop…
Standard Chartered joined the ranks of lenders that have reported bumper earnings today. The bank reported statutory pre-tax profits for the final three months of 2023 of $1.1bn (£0.9bn) and…