Mitie Group warns of £50m NIC knock as it unveils share buyback Business The scale of the knock British businesses are set to take from the government’s tax raid was laid bare today after facilities management firm Mitie Group warned of an eye-watering £50m hit from hikes to National Insurance Contributions (NICs). The London-listed group’s latest estimate for the cost of rising NICs was slightly less than a [...]
Mitie: Shard-based outsourcing giant toasts to double-digit growth Business Outsourcing giant Mitie has reported double-digit growth after a record number of contract deals and extensions in the first half of the year. The FTSE-250 firm said that revenue increased by 13 per cent, to £2.4bn, in the half-year ended 30 September, up from £2.1bn last year. This was driven by a 45 per cent [...]
Shard developer to build new skyscraper next to Walkie Talkie property Sellar, which previously developed The Shard, plans to build a £500m, thirty-story tower at 60 Gracechurch street.