JLL cans dividend as profit slumps but predicts turnover boost October 7, 2024 Profit has been slashed at the UK arm of global real estate services giant JLL as “increased market uncertainty” hit its earnings. The London-headquartered division has reported a pre-tax profit of £21.9m for 2023, down from the £60.9m it achieved in 2022. Newly-filed accounts with Companies House also show that its turnover reduced from £460m [...]
Macquarie owned Southern Water looks to borrow billions October 7, 2024 The move to borrow more cash comes following months of crisis at Thames Water, the fall-out of which is spilling out across the sector.
Pennyhill Park owner’s profit slashed after major renovation October 7, 2024 Profit has been slashed at the owner of Pennyhill Park, the five-star hotel where the England men’s rugby team are based, after it underwent a huge renovation project. The group saw a complete renovation of its newest addition, the Ansty Hall hotel near Coventry, while it also “invested heavily” in its South Lodge location. As [...]
Mars bar maker pays huge £600m dividend after UK success October 7, 2024 The UK arm of Mars Wrigley, which makes the likes of Mars bars and Skittles, has paid out a huge dividend of £600m after a bumper financial year. The business, which has UK manufacturing sites in Slough and Plymouth, has significantly upped its dividend for 2023, after also paying out £115m in 2022. The dividend [...]
Renew buys Full Circle in entry into onshore wind market October 7, 2024 Amersfoort-based Full Circle repairs, maintains and monitors assets in the European renewable energy market.
Teaching unions urge government to delay private school VAT roll out October 7, 2024 Teaching unions have urged the government to delay the roll out of private schools having to pay 20 per cent VAT on fees, amid fears of job losses and a “significant burden” on HMRC. Reports emerged on Sunday that ministers were reevaluating the policy – after the Treasury initially declined to confirm it would take [...]
London City Airport back in the black after losing almost £100m October 7, 2024 London City Airport returned to the black for the first time since the Covid-19 pandemic as passenger numbers continued to recover. The hub has reported a pre-tax profit of £6.6m for 2023, according to newly-filed accounts with Companies House, having made a loss of £1.1m in the prior 12 months. London City Airport had last [...]
Assura boss: UK at ‘turning point’ in healthcare as more Brits snub NHS and go private October 7, 2024 Healthcare property giant Assura has called for investment in the sector and said that the UK is a turning point in its delivery of healthcare alongside its half-year results. Chief executive Jonathan Murphy said that the need for investment in healthcare was “starkly outlined” by the recent Lord Darzi report, which found the current primary [...]
Beeks: Financial cloud firm swings to profit amid ‘stronger than ever’ demand October 7, 2024 Scottish financial cloud computing firm Beeks has swung to an annual profit as it reported "stronger than ever" demand for its products.
Hollyoaks maker comes down from US high October 7, 2024 Turnover at the maker of Hollyoaks, The Only Way is Essex and Geordie Shore fell back to expected levels in 2023 after experiencing a spike in the prior year. Liverpool-headquartered Lime Pictures has reported a turnover of £65.2m for 2023 after its sales surged to £100.9m in 2022. The rise in 2022 came after the [...]