Payments software firm Eckoh is set to become the latest firm to leave the Aim market, after it announced it had received an offer from an unnamed private equity firm. …
Investing
Federal Reserve: September rate cut ‘confirmed’ after latest releases
A September rate cut looks nailed on after minutes from the US Federal Reserve’s last meeting, released last night, showed many rate-setters had considered a cut in July. Several members …
Fred Perry issues bumper pay day as sales pass milestone
British sporting and fashion brand Fred Perry has paid out a bumper dividend after its sales jumped past the £150m mark during its latest financial year. Founded by Wimbledon champion …
Growth set to continue as confidence in the economy builds
A closely watched survey suggests that the UK will continue growing at a robust pace in the second half of the year as confidence in the economy continues to build. …
Hays: Recuiter’s profit crashes as ‘low confidence levels’ hit hiring
Global recruitment giant Hays has become the latest industry player to report a dismal set of results, citing cost-cutting at previously high-spending firms and cautious hiring. The FTSE-250 company had …
Nexxen pays down debt pile after record revenue
New York-based ad tech firm Nexxen said it had paid down a long-standing $100m (£76.4m) debt pile as it swung to profit and posted record revenue in the most recent …
Jamie Oliver serves up sales success after flagship London restaurant opens
Jamie Oliver’s new flagship London restaurant and the continuing popularity of his recipe books helped boost the turnover of the celebrity chef’s group during its latest financial year. The group …
Ithaca Energy: Profit tumbles at North Sea oil and gas firm as windfall tax bites
North sea oil and gas firm Ithaca Energy saw its revenue and profit tumble after being hit by impairment charges, lower production and a dip in the oil and gas …
Downton Abbey maker Carnival Films scraps dividend as earnings dip ahead of third film
Earnings at the production company behind TV hits such as Downton Abbey dipped in 2023 after the income it generates from its back catalogue fell, it has been revealed. Carnival …
Serco: FTSE 250 firm bags new contract for US Space Force Pituffik base in Greenland
British outsourcing giant Serco has won a $320m (£250m) contract to manage the electrical modernisation of the US Space Force’s Pituffik Space Base in Greenland. The contract, which began this …