Admiral posts 23 per cent jump in profit on price hikes but lowers dividend March 7, 2024 Insurer Admiral has posted a surge in profits as it reaped the benefits of price hikes, offsetting the impact of higher claims inflation.
Melrose Industries sets sights on growth as new chief takes aerospace reins March 7, 2024 Melrose Industries has pivoted to a "pure aerospace" play which will be led by their former COO
Marks and Spencer confirms first female boss Katie Bickerstaffe is to step down March 7, 2024 The first female boss of Marks and Spencer is to step down. Katie Bickerstaffe joined the high street darling just over two years ago, and has helped lead a massive turn around of the business.
Beazley kicks off buyback after profit hits a record March 7, 2024 Insurance firm Beazley has kicked off a $325m share buyback today after notching record profits over the past year.
Brake Bros makes first profit since 2018 after revenue jumps by £1bn March 7, 2024 Food and distribution company Brake Bros returned to profit for the first time since 2018 after its revenue increased by £1bn during its latest financial year.
Brooks Macdonald: Wealth manager puts ‘behind plan’ international arm under review March 7, 2024 Wealth manager Brooks Macdonald said the decision was being made "in the interests of achieving the best return for shareholders".
Funding Circle looks to offload US arm and kicks off share buyback as losses deepen March 7, 2024 Fintech firm Funding Circle kicked off a £25m share buyback programme today and said it was looking to offload its loss-making US division in the hope of stemming losses and boosting its flagging share, the firm has announced.
Rentokil sees revenue leap as North American market swells March 7, 2024 The company's Terminix acquisition is proving fruitful across the pond
Coats Group blames ‘widespread destocking’ for flat earnings but benefits from pension scheme changes March 7, 2024 Threads business Coats Group posted a flat set of earnings for the full year, against a backdrop of a “widespread industry destocking”.
Hunt’s budget was more a salad buffet than a proper City lunch March 7, 2024 Sky News’ City Editor Mark Kleinman on the budget, the latest on the Woodford fallout, and another bank tie-up