BrewDog reports a jump in sales for the year so far as global expansion plans get into full swing August 23, 2018 BrewDog has reported a jump in sales so far this year, as it provided a half-year update for more than 85,000 investors. The figures Overall revenue at the Scottish craft beer maker reached £78m in the first half, up by 55 per cent on the previous period. Some £10m was generated through BrewDog's bar division, marking an [...]
Crossrail marks the spot: Office rents near upcoming Elizabeth Line surge in City fringes August 23, 2018 Rents for City fringe office space situated near Crossrail sites have soared as property hawks prepare to cash in on the new railway line coming to London. Grade A office rental values in Crossrail hotspots around the Square Mile have shot up far higher than neighbouring areas since 2010, according to new Savills research carried [...]
Crossrail marks the spot: Office rents near upcoming Elizabeth Line surge in City fringes August 23, 2018 Rents for City fringe office space situated near Crossrail sites have soared as property hawks prepare to cash in on the new railway line coming to London. Grade A office rental values in Crossrail hotspots around the Square Mile have shot up far higher than neighbouring areas since 2010, according to new Savills research carried [...]
Dominic Raab says good deal ‘within our sights’ as no-deal Brexit documents released August 23, 2018 Brexit secretary Dominc Raab will today insist that "a good deal is within our sights" as he releases the first tranche of the government's no-deal planning documents. The publication of these technical notes comes as a new survey by City heavyweights KPMG suggests that no-deal Brexit would cause a dramatic contraction in consumer spending, with [...]
Tips for travellers when shopping for a currency card August 23, 2018 Travellers cheques. Remember them? Cue confused expressions from anyone under 25. You may be surprised to hear that some banks still offer these cheques, which can be exchanged when you go abroad for hard currency (though you’re limited to just six of the major currencies). Fortunately, this outdated mode of currency exchange has now been [...]
Ryanair shares take flight after airline reaches agreement with Forsa trade union to end Irish pilots strike action August 23, 2018 Ryanair confirmed this morning that it has reached an agreement in its dispute with its Irish pilots. Shares in the airline rose 5.5 per cent at morning trading to 14p in response to the news, with the announcement a potential turning point in ongoing industrial action that has grounded flights across the summer period. Irish [...]
Corbyn plots to establish publicly owned rival to Facebook August 23, 2018 Labour leader Jeremy Corbyn has outlined plans to build a publicly owned social media platform to rival the likes of Facebook. In a speech at the Edinburgh TV Festival, Corbyn set out his idea to create the British Digital Corporation (BDC), a publicly owned entity that would also create entertainment content to rival streaming giants Netflix [...]
CRH earnings grow despite bad weather as constructions markets bounce back August 23, 2018 Building materials company CRH has seen earnings rise despite severe weather conditions as the construction market bounces back. The world's second largest construction supplier reported sales of €11.9bn in the first half of 2018 – one per cent up on the same period last year- its underlying earnings were also one per cent up at [...]
Premier Oil doubles profits as it eyes new North Sea project August 23, 2018 Premier Oil struck it rich with its half-yearly results today, posting a doubling of profits to almost $100m (£78m). Higher oil prices pushed the British energy firm’s profits after tax up from $40.7m in the first half of 2017 to $98.4m for the six months to the end of June this year. The company saw [...]
Sharp rise in profits and asset values as John Laing Group’s share price jumps August 23, 2018 Infrastructure investor John Laing Group’s share price climbed more than eight per cent in early morning trading, as the firm posted a rise in both net asset value (NAV) and profits for the first half of 2018. The FTSE 250 company’s NAV hit £1.51bn by the end of June, compared with £1.12bn in December last [...]