The premium grocer Waitrose will expand its store portfolio by around a third over the next three years in one of its “biggest periods of expansion” as it ramps up …
Retirement Planning
Claridge’s Hotel: Major expansion helps sales and profit surge at five-star London icon
Sales at Claridge’s Hotel surged by more than 20 per cent in 2023 thanks to a “strong” recovery from the Covid-19 pandemic and the completion of a major expansion project. …
Riverstone Energy share buyback programme marches on after £158m spending spree
Riverstone Energy’s underlying assets per share ticked up seven per cent over the last six months, as the company continued an aggressive share repurchase programme. Riverstone’s monster share buyback programme …
Government borrowing exceeds estimates as public sector spending jumps
New figures show that the government borrowed more than expected in July as spending on public services increased faster than tax receipts. Government borrowing – the difference between public sector …
Costain launches £10m share buyback as profit and backlog jumps
Engineering firm Costain has kicked off a £10m share buyback after it revealed a set of strong results this morning. In its half-year results, the company revealed that adjusted operating …
Mobico: National Express owner revs up as North American sale gets underway
Mobico Group has reported a near-quarter increase in operating profit as its European coach and bus segment delivered a record half-year. On an adjusted and reported basis, group operating profit …
MTI Wireless Edge reports jump in profit thanks to demand for military tech
Telecommunications firm MTI Wireless Edge has reported a jump in profit as strong demand for military antennas and 5G continued throughout the first half of the year. MTI Wireless Edge, …
Angling Direct: ‘Robust’ performance spurs hope of reeling in £100m revenue target
Angling Direct has reported a “robust” first half of the year and said it was confident of achieving a 25 per cent increase in UK revenue to £100m in the …
Watkin Jones: Property developer lowers profit guidance warning of ‘slow’ outlook
Property developer Watkin Jones has warned investors that a “slower than expected” summer market and “uncertainty” over the pace of interest rate cuts will weigh on its full year results, …
Doric Nimrod: Guernsey-based fund makes £153m plane sale to Emirates
Doric Nimrod Air Two has sold off five more planes to Emirates for £30.7m per plane, after previously selling two to the company last year. The Guernsey-closed-end fund will be …