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Business

  • Evri to create 9,000 jobs in hiring spree following Apollo takeover

    July 29, 2024

    The UK's largest parcel delivery company unveiled the plans just a week after it was taken over by Apollo Global Management in a £2.7bn deal.

  • C-suite executives list tax certainty as a priority from Reeves, survey finds

    July 29, 2024

    Clarity on tax is the number most important thing bosses want from the new government, a survey of C suite execs has found.

  • 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.

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