IP Group aims to build on UK’s ‘science superpower’ ambition despite difficult funding environment March 13, 2024 "The market environment for early-stage investing remained challenging in 2023," CEO Greg Smith noted.
Musicmagpie sees earnings boost from Black Friday and its ‘smart for the planet’ solution March 13, 2024 Musicmagpie has reported a boost to annual earnings after the second-hand smartphone seller experienced a "record" Black Friday last November.
Strong outlook for construction gives Balfour Beatty room to return cash to investors March 13, 2024 Balfour Beatty's profit fell in 2023 as the infrastructure giant grappled with difficult macroeconomic conditions in major markets.
Victoria chair puts ‘a lot of noise’ behind him but no ‘immediate’ turnaround March 13, 2024 The exec chairman of carpet giant Victoria acknowledged a "lot of noise" around his company in a trading update this morning, as it attempted to put a fraud warning and cratering revenues behind it.
4imprint reports bumper profit as firm targets market share expansion March 13, 2024 Promotional product manufacturer 4imprint has reported a 32 per cent jump in profit for 2023, as the firm continues to expand market share.
Electric Guitar plc delisting from London Stock Exchange ahead of reverse takeover March 13, 2024 It said it was "progressing the proposed transaction" and will provide more details in the coming weeks.
Metro Bank swings to first annual profit since 2018 while slashing 1,000 jobs March 13, 2024 Metro Bank has swung to its first annual profit since 2018 after the branch-focused lender was rescued from potential collapse by a major refinancing package and embarked on a restructuring set to involve 1,000 job cuts.
Orsted sells stake in four US wind farms as group continues to navigate market uncertainty March 13, 2024 Going forward, Orsted said it would continue to operate the wind farms, but Stonepeak will receive 80 per cent of the cash distributed by the assets.
UK economy takes first steps out of recession as growth returns in January March 13, 2024 The figures will raise hopes that the UK is already moving out of the shallow recession it fell into in the second half of last year.
‘Texas Hold ‘Em’: Badenoch to ink trade MOU with 9th largest economy in the world March 13, 2024 Kemi Badenoch will sign a trade pact with Texas as the UK continues to chase state-level deals in the absence of a national US agreement.