The chair of specialist auto and property lender S&U has said the group will “wrestle on” as it fights through the challenges of higher interest rates, the cost-of-living crisis and …
Retirement Planning
Aston Martin and Lamborghini brake manufacturer Surface Transforms eyes growth despite headwinds
Surface Transforms is looking at sales of £23m this year despite ongoing challenges relating to “high levels of scrap.” The Knowlsey-based specialist brakes manufacturer, whose products have been used by …
Early Easter boosts retail as Brits splash out on food and homeware before summer
This year’s early Easter holidays gave British retail a welcomed boost, as sales rose at a faster rate than inflation for the first time in two years. Fresh figures from …
Investor demand helps Helium Exploration raise twice as much as expected in float
Helium resources developer Helium Exploration has floated today on the AIM market of the London Stock Exchange. The group’s listing was oversubscribed more than threefold, raising £7.5m compared to the …
Impax reports ‘improved’ sentiment on ESG-focused investment despite heavy outflows
ESG-focused Impax Asset Management has noted “improved” investor sentiment in recent months, despite the sector grappling with heavy outflows from sustainable funds. The company reported in a stock market update on Tuesday that its …
Home Bargains sheds over 2,000 jobs as billionaire owners take home £36m
Home Bargains shed more than 2,000 jobs as the billionaire family behind the budget chain paid themselves £36m in dividends, it has been revealed. The Liverpool-headquartered company reduced its headcount …
HSBC to book $1bn earnings hit from sale of business in Argentina
HSBC has agreed to sell its Argentina business in a move that will see the bank book a $1bn (£800m) pretax loss in its first-quarter earnings. The bank announced on Tuesday …
No liquidity, no chance: Another London-listed firm heads for the exit door
London-listed software firm Gresham Technologies has been bought out for just under £150m by an American private equity firm. Announcing the move to markets this morning, Gresham will be purchased …
BP: British oil and gas giant to start year strong with boosted activity
UK oil and gas supermajor BP has issued a bullish trading update that signals likely higher trading volumes and production volumes across gas and oil than the end of 2023. …
Imperial Brands reaffirms guidance as demand for tobacco and vapes holds despite pressure
Imperial Brands has said it is “on track” to meet its profit and revenue targets this year despite growing regulatory pressure on tobacco and its next-gen vaping products. The tobacco …