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 …
Investing
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 …
Thames Water handed more special measures from Ofwat after credit rating downgrade
Thames Water will be made to appoint an independent monitor and develop a “suitable” turnaround plan as part of a raft of new measures from the regulator after the its …
Hiscox: Lloyd’s of London insurer reports ‘robust growth’ despite a more ‘active loss environment’
Hiscox, the Lloyd’s of London insurer, has reported another set of strong results as the company has continued to benefit from a hard insurance market. In its interim results for …
Legal & General beats profit estimate and raises dividend amid strategic overhaul
Legal & General (L&G) has raised its dividend as its profit for the first half of 2024 exceeded expectations, after its new chief promised a “simpler” future. The FTSE 100 …
WPP sells majority stake in FGS Global to KKR as group growth flounders
WPP has divested its majority stake in communications firm FGS Global to private equity powerhouse KKR in a deal valued at $1.7bn (£1.3bn). WPP said the sale of its approximately …
‘More work to do’ on airport accessibility, aviation watchdog warns
UK airports need to do “more work” to improve airport accessibility amid rising demand, according to the aviation regulator. The Civil Aviation Authority (CAA)’s annual accessibility report found requests for …
Coca-Cola HBC raises guidance after strong half despite currency headwinds
Coca-Cola HBC AG has raised its guidance after the company reported another strong six months of growth, despite currency headwinds eating into the group’s profits in emerging markets. The bottling …
UK house prices surge to highest point since January to end months of stagnation after rate cut
Renewed momentum in the property market has seen UK house prices rise at the highest rate since January, ending a three-month spell of stagnation. House prices increased by 0.8 per …
UK economy’s recovery from pandemic stronger than first thought
The UK economy recovered from the pandemic faster than had previously been thought, new revisions from the Office for National Statistics (ONS) show. In the latest set of Blue Book …