Investing

Spirits firm Distil has reported a steep drop in revenue in light of inflation, cost-of-living pressures and a significant hike in alcohol duty. The AIM-listed firm, which owns brands including …

Carpetright owed almost £350m when it collapsed into administration with the loss of more than 1,500 jobs before being rescued, it has been revealed. The Essex-headquartered carpet and tiling retailer …

Swiss banking titan UBS has reported a profit well ahead of analysts’ forecasts for the three months to June as it steps up its integration of fallen rival Credit Suisse. …

Insurance giant Aviva has reported a increase in operating profit and hiked its dividend amid a jump in insurance premiums for the first half of its 2024 financial year. The …

Phoenix Suns NBA player and Team USA gold medallist at Paris 2024 Kevin Durant has invested in Ligue 1 football club Paris Saint-Germain (PSG). The 35-year-old – formerly of Seattle …

Flutter Entertainment, the gaming giant behind Paddy Power and Betfair, has upped its guidance amid booming demand from its US audience. The Dublin-headquartered firm, which is listed in New York …

Balfour Beatty said its “direction of travel” remains positive despite concerns that cutbacks to major infrastructure projects under the new Labour government may impact growth. Shares in the London-listed construction …

Shopping centre giant Hammerson arranged a €350m (£300m) loan for one of Ireland’s leading retail destinations, Dundrum Town Centre. The deal has been agreed with Pimco Real Estate, with its …

Amazon Prime are in pole position to pick up the UK rights for the Liverpool documentary based on Jurgen Klopp’s last six months at Anfield. City A.M. has learned that …

UK inflation jumped above the Bank of England’s two per cent target after two months of being back on track, rising to 2.2 per cent in July. Figures released this …