Kier Group: Order book hits £10.7bn as chief heralds ‘disciplined growth’ January 18, 2024 Kier Group's half-year order book has risen 6 per cent to £10.7bn, after the construction firm secured a number of major deals.
High-scoring Cowboys-Seahawks game costs Flutter $80m but bookie extends revenue and market share January 18, 2024 Flutter has said punters beat expectations in its fourth quarter but this was cushioned by stronger than expected margin growth.
Royal Mail chief warns network ‘not sustainable’ and ‘urgent action’ needed to save it January 18, 2024 The chief of embattled Royal Mail has called for "urgent action" as the postal service braces against inflation and dwindling letter volumes.
Young’s reports bumper Christmas sales as shareholders wave through City Pub Group deal January 18, 2024 Young and Co.'s pub chain said raked in bumper sales during the Christmas period as it sealed the acquisition of the The City Pub Group this morning.
Worst corporate jargon of the week: Thought leader January 18, 2024 Every one of us has been an email chain which is borderline unintelligible for the amount of corporate lingo thrown in there. This week: thought leaders.
Watches of Switzerland: Shares crater 30 per cent as demand for luxury flattens January 18, 2024 Shares in Watches of Switzerland have fallen by over 30 per cent after the luxury watch maker warned on its earnings for the year. . In an update, the Rolex seller said that it was bruised by “challenging macroeconomic conditions” over Christmas which impacted consumer spending in luxury retail. It now expects revenue for the [...]
JD Sports Fashion continues European expansion with completed acquisition of Poland’s MIG January 18, 2024 JD Sports Fashion has completed the acquisition of a 40 per cent stake in a Polish investment group as it pushes into European markets.
Currys confident profits will beat forecasts despite slipping sales over Christmas January 18, 2024 Electrical retailer Curry’s said group profit before tax is expected to be ahead of expectations, despite sales falling over the Christmas period.
Sainsbury’s to shutter banking division in ‘food first’ strategy push January 18, 2024 Sainsbury's will undertake a "phased withdrawal" from its banking efforts, the supermarket giant confirmed this morning.
Mark Kleinman: Diamond merger shows mid-cap brokers need polish January 18, 2024 Mark Kleinman is Sky News’ City Editor and is the man that gets the City talking in his weekly City A.M. column.