Devro sizzles on rising demand in Far East and North America August 6, 2015 SAUSAGE casings maker Devro yesterday posted pre-tax profits of £9.6m for the six months to the end of June, up from £1.6m in the same period last year. Revenues rose to £112.7m from £109.7m and basic earnings per share increased to 4.4p from 1.4p. The interim dividend is maintained at 2.70p per share. Operating profits, [...]
Ryanair and Wizz Air’s July passenger numbers take off to record altitudes August 6, 2015 BUDGET airlines Ryanair and Wizz Air yesterday revealed soaring passenger numbers in July. The 30-year-old Irish no-frills carrier announced that it flew 10.1m customers in July, an increase of 11 per cent from a year earlier. Its load factor – a measurement of how full its flights are – was 95 per cent full last [...]
Barratt’s plans for 135 homes in Battersea given the green light August 6, 2015 BARRATT London has been granted planning permission to build 135 homes in Battersea, becoming the latest in a raft of schemes set to change the skyline on the south bank of the Thames. The London arm of the UK’s biggest housebuilder Barratt Developments plans to build a 28-storey tower at 12-14 Lombard Road on the [...]
Chefs look to have good grouse August 6, 2015 COUNTRY commuters will know that grouse shooting season starts next week. The team at the City and Canary Wharf’s Boisdale Restaurants, not content with leaving it in the home counties, kicked the season off in style. Yesterday saw UK restaurant world’s greats take part in an afternoon of clay pigeon shooting at the Balvenie Great [...]
Stop ruining Bake Off August 6, 2015 GREAT British Bake Off is the TV event of the year, but London’s media teams may be sick of the show after just one episode. Hundreds of businesses had the same clever idea of sending out press releases and tweets tenuously linked to the series. Estate agents eMoov revealed the most expensive British baked goods [...]
Investors back Winters despite dividend cut August 6, 2015 SHARES in Standard Chartered soared by more than six per cent before closing mostly flat yesterday, demonstrating investor confidence in the bank’s new chief executive Bill Winters despite reporting disappointing results. The company said that adjusted pre-tax profit had slumped 44 per cent to $1.82bn (£1.17bn) in the six months to the end of June. [...]
Tesla puts the brakes on sales outlook as its losses accelerate August 6, 2015 ELECTRIC car maker Tesla yesterday put the brakes on its outlook for the year, saying it was unlikely to meet its sales target of 55,000 vehicles and possibly undershooting by up to 5,000. The US company, headed by chief executive Elon Musk, posted a second-quarter net loss of $184m (£118m), up from $61.9m in the [...]
BMG Walking On Sunshine for a cool £10m August 6, 2015 WALKING On Sunshine is a classic earworm – catchy and irritating – and now Katrina & The Waves’ 30-year-old song is going to make money for BMG. The Bertelsmann-owned music company has shelled out £10m for the rights to every song written by Katrina & The Waves. Walking On Sunshine was first released in 1985, becoming [...]
Reunion wreckage confirmed from MH370 August 6, 2015 A piece of a wing that washed up on a beach on the Indian Ocean island of Reunion last week has been confirmed as part of the wreckage of Malaysian Airlines flight MH370. The flight disappeared from radar screens on 8 March while en route from Kuala Lumpur to Beijing. The Boeing 777 was carrying [...]
Hauliers facing huge fines over Calais migrants August 6, 2015 FINES issued to hauliers carrying illegal immigrants into the UK more than tripled over the past three years, it was revealed yesterday, sparking more criticism of the government’s handling of the Calais migrant crisis. The number of fines jumped from 998 in 2012/13 to 3,319 in 2014/15, according to official figures released to the Press [...]
