GP landlord Primary Health Properties (PHP) saw its portfolio valuation dip 1.4 per cent over the last year, with the company welcoming the new Labour government’s commitment to the NHS. …
Investing
Tortilla takes revenue hit after quitting Deliveroo
Mexican fast food chain Tortilla has taken a hit to its revenue after ending its partnership with Deliveroo in a bid to cut down on delivery commission charges. The London-listed …
Fresnillo: ‘steady’ performance allows miner to maintain guidance
Bumper lead and zinc output and improved access to higher grade areas has helped Mexican miner Fresnillo to maintain its full year guidance despite poor weather being a drag on …
Profit cut at Mercury Prize and Official Charts owner despite BRIT Awards success
The organisation behind the Mercury Prize and that co-owns the Official Charts Company saw its profit cut during 2023 despite the financial success of the BRIT Awards. British Phonographic Industry (BPI), …
Aston Martin loses over £200m as demand for luxury models reverses
A fall in demand for luxury models led to Aston Martin losing more than £200m during the first half of 2023, it has been revealed. The Warwickshire-headquartered company has reported …
Easyjet ‘on track’ for another record summer as profit rises on strong travel demand
Easyjet is “on track” for a second consecutive record breaking summer, its chief executive has said, as profit and revenue rose on strong travel demand. The low-cost carrier reported £236m …
Durex owner Reckitt to sell off brands in simplification drive
Durex condom maker Reckitt Benckiser has pledged to sell off its home care and nutrition brands as part of a simplification drive, instead focusing on health and hygiene. Focusing on …
Euros and Betches deal drive growth at LAD Bible owner LBG Media
LBG Media, the company behind popular entertainment channel LAD Bible, has posted strong revenue and earnings growth as a result of the UEFA Euros tournament and soaring audience numbers. The …
Informa snaps up listed events rival Ascential in sign of buoyant sector
UK events group Informa has snapped up London-listed rival Ascential in a bid that valued the owner of the Cannes Lions festivals and Money 20/20 at approximately £1.2bn. The deal, …
Harworth: Property developer on track to grow portfolio to nearly £1bn after strong start to 2024
Six months into its financial year property developer Harworth says it’s on track to grow its investment portfolio to almost £1bn in the next five years, having already completed more …