Threads business Coats Group posted a flat set of earnings for 2023 and blamed a “widespread industry destocking” for the tepid performance. Revenue at the British multinational was down nine…
Pest control experts Rentokil saw revenue leap by 45 per cent in 2023 as the acquisition of US peer Terminix started to bear fruit. The group today said that revenue…
Wealth manager Brooks Macdonald has placed its international division under review after telling markets it is “behind plan” following a string of poor results. The publically traded investment firm said…
Fintech firm Funding Circle kicked off a £25m share buyback programme today and said it was looking to offload its loss-making US division in the hope of stemming losses and…
Insurance firm Beazley has kicked off a $325m (£255m) share buyback today after notching record profits over the past year. In its full-year results this morning, the FTSE 100-listed Lloyd’s…
Food and distribution company Brake Bros returned to profit for the first time since 2018 after its revenue increased by £1bn during its latest financial year. Newly-filed accounts for the…
Aerospace group Melrose Industries has raised its guidance for 2024 after reporting better than expected pre-tax losses amidst major board changes. Statutory losses before tax at the FTSE 100-listed firm…
The first female boss of Marks and Spencer, Katie Bickerstaffe, is to step down from the business, the retail favourite has confirmed. Bickerstaffe joined the high-street darling just over two…
Insurer Admiral has posted a surge in profit as it reaped the benefits of price hikes, offsetting the impact of higher claims inflation. However, investors were rewarded with a lower…
“We’re on track to become the world’s next Silicon Valley,” declared chancellor Jeremy Hunt in his Spring Budget announcement on Wednesday. Alongside a 2p cut to National Insurance and the…