Warpaint London expands into Superdrug and Boots as revenue leaps 40 per cent Retail Warpaint cosmetics has reported a 40 per cent rise in revenue for the year ended 31st December, helped by the launch of its products in New Look and Superdrug stores.
Quilter: Wealth manager attracts surge of fresh cash as stock markets rebound wealth management Wealth manager Quilter has pushed up the amount of cash managed in its funds in the first three months of the year after a surge in fresh inflows and a rebound in global equity markets.
Heathrow Airport hits historic footfall but urges UK to ‘rethink anti-growth policies’ like tourist tax Heathrow The group has swung from a £60m loss during the same period last year to £83m profit in 2024.
Jet2 gets summer-ready with new planes and profit before tax up a third April 24, 2024 Profit before tax was 33 per cent up on the previous year and in line with expectations, while Jet2 added that its balance sheet was "very strong" with total cash sitting at £3.2bn.
Reckitt Benckiser: Nutrition arm bruised amid baby formula litigation case April 24, 2024 Like-for-like sales at its nutrition arm fell by 9.9 per cent to £591m, which more than offset growth of 7.1 per cent at its hygiene arm and one per cent at its health arm.
Lloyds profit drops against bumper 2023 as margins shrink April 24, 2024 Lloyds Banking Group has posted a 28 per cent fall in profit in line with analysts' estimates as the prospect of interest rate cuts starting this summer narrows its margins.
Despite its problems, Thames Water still aims to pay £2bn in dividends over the next decade April 24, 2024 Thames Water has said it does not pay dividends to shareholders, but pays internal sums to its parent company Kemble Water Holdings
M&S pension scheme faces hefty losses as FCA probes Home REIT sister fund April 24, 2024 The M&S pension scheme is facing huge potential losses after pumping cash into a Home REIT sister fund that is now under investigation by the Financial Conduct Authority (FCA), City A.M. can reveal.
Revolut to boost staff by 40 per cent this year amid rapid expansion April 24, 2024 Revolut expects to grow its global headcount by around 40 per cent in 2024 as the fintech pushes for rapid expansion and bucks a recent trend of layoffs among major financial and tech firms.
Global share buybacks drop despite dividend spike April 24, 2024 Global share buybacks dipped by 14 per cent last year to $1.1 trillion (£880bn) despite record dividend issuance from global companies.