Rentokil shares fell over five per cent this morning after the company issued what could be described as a bland set of results. While the company, which has been the …
Investing
Hammerson: Shopping centre giant hit with £500m loss after selling stake in Bicester Village
British shopping centre giant Hammerson has taken a £500m loss on the £1.5bn deal to sell its share in the company behind Bicester Village. The London-listed company reported a loss of …
Relx: Data firm reports £1.5bn profit thanks to AI boost
Data and analytics group Relx continued to push up revenue as profit reached over £1.5bn in the first half of the year, with the group crediting demand for analytics underpinned …
Anglo American: Slowdown at Yorkshire site causes hefty write down
Anglo American’s first set of results since shrugging a off a takeover attempt from Australian rival BHP were weighed on by a set back in one of its Yorkshire crop …
Virgin Wines returns to black as subscription sign ups soar
Virgin Wines has returned to profitability despite a “challenging” backdrop. The London-listed company reported a pre-tax profit of £1.95m in the 12 months ending June 30, 2024, up from a …
Lloyds Bank profit slides as interest rate boom slows
Lloyds Banking Group recorded a slide in profit in the first half of the year after a surge in costs and a slowdown in the amount of cash it was …
Revolut’s long wait for a banking licence finally comes to an end
After more than three years, Revolut’s wait for a banking licence is finally over after it received authorisation from the banking watchdog. Revolut said it would now enter the ‘mobilisation‘ …
The Debate: Should B Corps cut ties with fossil fuel companies?
City A.M.’s weekly feature takes the fiercest water-cooler debates and pits two candidates head to head before delivering The Judge’s ultimate verdict. The Debate: Should B Corps cut ties with …
BT revenue dips amid cost-cutting strategy and record fibre expansion
BT has reported total revenue of £5.05bn in its first quarter of trading, a two per cent decline from the same period in 2023. The giant said the drop was …
Mitchells & Butlers: Drink sales help Toby Carvery and All Bar One owner achieve another record period
All Bar One owner Mitchells & Butlers said its continuing to rebuild its margins as it reports yet another period of sales growth. The no frills dining and pub chain, …