CAB Payments attempts to move on from challenging year despite lack of ‘tailwinds’ from Nigerian Naira July 25, 2024 CAB Payments reported a “resilient” performance in the first half of the financial year as it attempts to move on from a difficult year. In a trading update covering the six months to June, the payments firm reported that gross income was down 22 per cent on last year, falling to £56m from £72m previously. [...]
Mitie Group: Acquisition spree helps company to bumper growth July 23, 2024 The revenue haul, which totalled £1.16bn, represented a 10.5 per cent year-on-year increase and came alongside a number of major contract wins.
Mitie: Shard-based outsourcing giant swoops for electrical engineering firm ESM Power July 17, 2024 Outsourcing giant Mitie has landed a high-voltage deal as it acquired leading electrical engineering firm ESM Power.
Reckitt Benckiser: ‘Significant damage’ from tornado will hit baby formula sales July 17, 2024 Baby formula sales at Reckitt Benckiser are set to be hit by “significant damage” to a warehouse which was struck by a tornado, the consumer hygiene company has said.
Recruiter Norman Broadbent on the lookout for acquisitions despite ‘extremely challenging’ conditions July 11, 2024 Net fee income in the first half is expected to be £4.5m, down 14 per cent on last year but up 36 per cent on the year before.
Thames Water books £200m dividend bill as cash reserves dwindle July 9, 2024 In its annual results, the embattled water company confirmed that its liquidity at the end of June was £1.8bn, "sufficient to found our operations for the next 11 months".
Chancellor Rachel Reeves unveils planning reforms to ‘get Britain building again’ July 8, 2024 Chancellor Rachel Reeves has unveiled a raft of planning reforms in a bid to “get Britain building again” in her first major speech at the Treasury.
UK should ‘explore’ closer trade relations with EU, Jonathan Reynolds says July 7, 2024 The UK should “explore opportunities” for closer trade relations with the European Union (EU), Jonathan Reynolds has said.
Election 2024: Our plan for business will ‘turbocharge growth’, Tories claim June 27, 2024 The Conservatives have claimed their plan for the UK’s businesses will “turbocharge growth and productivity” ahead of the July 4 general election.
Profit drops at Marks Electrical amid ‘fiercely competitive’ backdrop but signs things are picking up June 26, 2024 The online electrical retailer reported that it was struggling with "downward margin pressure" as a result of consumers trading-down.