Sabre: Leading motor insurance underwriters expect to exceed forecasts ‘across almost all key measures’ February 15, 2024 One of the UK’s leading motor insurance underwriters, Sabre Insurance, has boasted that it expects to outperform expectations in its upcoming results. In a trading update today, the group said it expected its 2023 results to “meet or exceed current market expectations across almost all key measures”. This included the group’s gross written premium, estimated [...]
Surging profits at British Gas help owner Centrica report bumper profits February 15, 2024 Centrica, the owner of British Gas, issued a "strong 2023 financial result" today, as the company's retail division saw a sharp jump in profits for the year.
Low power, please charge: Battery storage troubles leave investors on the hook February 15, 2024 A number of battery storage investment trusts are struggling. Is this just a bump in the road or the beginning of the end?
Scared of investing when the market is at an all-time high? Don’t be. February 15, 2024 While it might seem counter-intuitive, it is actually better to invest when the market has hit an all-time high, rather than sitting on the sidelines with cash. Just because the US stock market has recently hit an all-time high, doesn’t mean you should be worrying about getting into investing. New research from Schroders shows that [...]
What is going on at Abrdn? A rundown of the company’s troubles February 14, 2024 Investment firm Abrdn has been the victim of multiple bad headlines over the last few months. When will it stop for CEO Stephen Bird?
Dispensa to delist from London Stock Exchange after market cap collapse February 14, 2024 Dispensa, the holding company that focuses on luxury food brands, is set to delist from the London Stock Exchange, as the firm has fallen to just £2.3m in market cap. The delisting was approved by the firm’s board of directors “following extensive deliberation” over how to best maximise shareholder value for the company. The board [...]
Agronomics posts loss, sees improving outlook for cell-cultured low-carbon food products February 14, 2024 The Isle of Man-based venture capital firm saw its net asset value fall 0.2 per cent throughout the year
Activist investor Kelso gains board seats at The Works as it tries to enhance shareholder value February 14, 2024 Kelso chief John Goold and chief financial officer Mark Kirkland have gained non-executive director positions, and will focus on "all matters relating to shareholder value."
Coca-Cola HBC shares up 7.7 per cent as consumers guzzle energy drinks and coffee February 14, 2024 In its results for the period, which were published this morning, the firm said strong performance in energy drinks and coffee volumes were major growth drivers.
Home REIT: FCA launches investigation into troubled housing investor February 13, 2024 The Financial Conduct Authority has opened an investigation into the beleaguered housing investor Home REIT. In a stock exchange notice today, Home REIT said it had been notified of an investigation into it from the FCA, covering the period between 22 September 2020 to 3 January 2023. “Naturally, the company will cooperate fully with the [...]
