Octopus Group founder: Financial services is still the least trusted industry in the world August 29, 2024 Every week, Charlie Conchie sits down with the biggest movers and shakers in financial services, tech and fintech. This week, it's Octopus Group co-founder and CEO Simon Rogerson
HSBC reveals senior management shake-up under new boss August 29, 2024 HSBC has announced the departure of three top executives as part of sweeping changes to the bank's management ahead of its new chief executive taking over next week.
Frenkel Topping warns of lower earnings in second half August 29, 2024 Frenkel Topping, the specialist professional services firm, has reported a rise in revenue in the first half of the year but warned that earnings are trading behind management’s expectations. In the six months ended 30 June 2024, Frenkel Topping posted £17.9m in revenue, a 12 per cent increase on the previous year’s £16m. Its gross profit also jumped five [...]
Bupa launches ‘Netflix style’ private GP subscription service August 29, 2024 British health insurance provider Bupa has launched a new subscription-based GP service as the healthcare industry increasingly shifts towards on-demand services. For under £20 a month, subscribers gain access to same-day GP appointments, prescription deliveries and round-the-clock support through a dedicated ‘healthline’. The launch comes on the back of a Bupa survey highlighting the growing [...]
Puregym: UK surge helps half-year sales reach milestone August 29, 2024 A surge in its UK performance helped Puregym post sales of £300m for the first half of its financial year. The Leeds-headquartered company achieved a 10 per cent increase in its total revenue for the six months to 30 June, 2024, according to newly-released figures. Puregym’s UK revenue rose by 15 per cent to £205m [...]
Close Brothers shares jump as RBC sees ‘a number of potential catalysts’ August 29, 2024 Shares in Close Brothers jumped on Thursday after RBC upgraded its recommendation on the lender's stock, which has been dragged down by its exposure to a City watchdog review into unfair car loans.
Vision Express makes first profit since 2016 as sales near £400m August 29, 2024 Vision Express returned to the black for the first time since 2016 as its sales jumped towards the £400m during its latest financial year, it has been revealed. The Nottinghamshire-headquartered company has reported a pre-tax profit of £7.9m for 2023, having posted a pre-tax loss of £173,000 in 2022, according to newly-filed accounts with Companies [...]
Essensys shares shoot up as flexible workspace software provider beats estimates August 29, 2024 Shares in software platform essensys climbed as much as 20 per cent on Thursday morning after it said it expected to report revenue, earnings and cash flow ahead of market expectations in its full year results. Essensys, which provides software and technology to the flexible workspace industry, has projected revenue of £24m and an adjusted [...]
Nvidia shares slump despite company’s record-breaking revenue August 29, 2024 Nvidia shares are down over eight per cent in after hours trading even after it smashed its forecasts and posted record revenue. Revenue for the second quarter hit a new record of $30bn (£22.7bn), up 15 per cent from the first quarter and up 122 per cent from the previous year ago. Nvidia also posted [...]
Hunting: Oil and gas services firm’s profit more than doubles August 29, 2024 Oil and gas equipment provider Hunting has reported a more than doubling in profit for the first half of 2024 as its order book hit a record level.