ESG-focused Impax Asset Management has reported an uptick in assets under management (AUM) as the wider sector grapples with higher outflows from sustainable funds. In a trading update ahead of …
Personal Finance
Hill and Smith shareholders set for bumper payday after profits pass £100m
Shareholders are set for a bumper payday after international construction and infrastructure firm Hill and Smith significantly increased its dividend following its profits passing the £100m mark. The company, which …
Firstgroup hikes full-year profit forecast as open access drives growth
Firstgroup has said profit in 2024 is expected to come in ahead of expectations due to soaring demand for its open-access services run by Lumo and Hull trains. Firstgroup said …
London fintech Tide set to launch in Germany as it looks to grow international footprint
London-based fintech firm Tide is set to launch in Germany this year as it ramps up its international plans and pushes into the European small business market. Tide, which is …
Old Mutual expects up to 45 per cent jump in profit on ‘exceptional growth’ in new business
Pan-African financial services group Old Mutual has said its profits surged as much as 45 per cent last year due to “exceptional growth” in new business. The London-listed group, which …
Persimmon braces for ‘challenging year’ as company reports huge drop in house completions
Housebuilder Persimmon has said it expects 2024 to be another “challenging year,” but the housing market’s robust fundamentals suggest there are green shoots on the horizon. Today’s warning came as …
How do you know the economy’s in trouble? Pawnbrokers are doing well.
Pawnbroker H&T reported bumper profit before tax of almost 40 per cent, as cash-strapped Brits continue to flog their valuables during the cost of living crisis. The listed company said …
Volatile energy markets help TP Icap but fail to stem profit fall
FTSE 250 finance firm TP Icap’s results were ahead of expectations as its energy and commodities arm boomed. The interdealer broker reported today that 2023 profit totalled £74m, compared to £103m in …
If you think crime is bad in London, visit a deprived small town
While focus is rightly on Sadiq Khan’s appalling crime record in the capital, what is too often missed is why the public feel unsafe outside Britain’s big cities, says Adam …
Regional REIT weighs options as £50m bond deadline approaches
Embattled property fund Regional REIT has confirmed today that it’s looking at whether it should launch a fundraising effort to pay off its £50m debt. The real estate investment trust …