Stelrad: Radiator supplier’s revenue dips as demand cools
Stelrad has reported a drop in revenue as it grappled with a “continued reduction” in demand throughout the first half of the year. The London-listed radiator supplier brought in £143.1m…
Stelrad has reported a drop in revenue as it grappled with a “continued reduction” in demand throughout the first half of the year. The London-listed radiator supplier brought in £143.1m…
The UK arm of Peloton lost almost £100m and shed hundreds of jobs, it has been revealed. The London-headquartered division has posted a pre-tax loss of £98.1m for the 12…
Impax Environmental Markets has reported a 0.5 per cent decline in the net asset value (NAV) of the trust over the six months to 30th June. The investment trust reported…
In this new weekly series, investment reporter Elliot Gulliver-Needham sits down with a fund manager for a Q&A. This week, we’re hearing from Geir Lode, lead portfolio manager on the…
FTSE 100 giant BT Group’s largest shareholder has agreed to sell its 24.5 per cent stake in the telecoms company to Indian conglomerate Bharti. French owner Altice, which has struggled…
Heathrow Airport has retained its crown as Europe’s busiest airport over the first half of the year as passenger traffic broke records multiple times in July. Some 8m travellers passed…
Housing industry supplier Marshalls has reported a mixed set of results for the first half of the year due to what management called “weak end markets.” However, despite weakness in…
WH Ireland, the broker for small and medium-sized public companies, has reported a near 20 per cent slump in revenue due to “extremely challenging” market conditions. The group also reported…
Biotech firm Bivictrix Therapeutics is the latest company to exit the London Stock Exchange’s AIM market, citing difficulties in raising funds compared to its privately-owned competitors. The company, which is…
The company that provides catering for Royal Ascot has acquired a major large scale event venue in the City of London. Rhubarb Hospitality Collection (RHC) has snapped up The Brewery,…