Playtech reports promising quarter but remains ‘cautious’ of uncertain macro backdrop May 5, 2022 Gaming software Playtech posted a promising start to the year this morning, with with Adjusted EBITDA for the first three months of more than €100m.
Co-operative Bank posts profitability for fifth quarter in a row May 5, 2022 The Co-operative Bank has achieved profitability for its fifth quarter in a row, after posting pre-tax profits of £30.5m. The Manchester headquartered bank said its profits had increased for the fourth consecutive quarter, as its earnings were bolstered by its mortgage business. The bank said its net income had increased 36 per cent year-on-year [...]
Print revenue plunges for Daily Mirror owner Reach as inflation and global uncertainty scares off advertisers May 5, 2022 Print revenue was down 4.2 per cent for the owner of the Daily Mirror and OK! magazine Reach, as the group grapples with reduced advertiser demand and crippling inflation.
Offshore wind primed to benefit from investment boom and energy transition May 5, 2022 Offshore wind is set to benefit from the most from upcoming UK investments to ramp up domestic energy production.
The A-Z of wine: F is for… Furmint, the wine variety of tomorrow May 5, 2022 What’s this then? Furmit is an Eastern European grape variety, most commonly associated with Hungary but also grown widely in neighbouring Slovenia (where Napoleon’s army gave it the ‘c’est bon’ seal of approval that evolved into the grape’s alternate name, Sipon). If you’ve ever drunk the iconic sweet wines from the Tokaj region of Hungary [...]
Sales boost for Next as shoppers take back to the high street May 5, 2022 High street giant Next saw a boost in sales in the first quarter of the year it continues to feel the lift of stores reopening after covid lockdowns.
Shell’s profits surge amid soaring oil and gas prices May 5, 2022 Shell has continued its rebound from the pandemic, posting profits of $9.13bn in the first three months of the year.
Slice of VAT: Domino’s Pizza’s UK sales drop as budgets tighten May 5, 2022 Domino's reported VAT hikes taking a slice of the pizza this morning, with UK & Ireland system sales down 1.5 per cent in the first quarter to £365.9m.
BAE braced for demand boost in wake of war in Ukraine May 5, 2022 Defence giant BAE Systems said today it is expecting a surge in demand for its defence systems as Western nations ramp up spending in the wake of Russia’s invasion of Ukraine.
Virgin Money UK reports profit boost thanks to rising interest rates and unsecured lending May 5, 2022 Virgin Money UK posted a boom compared to 2021 figures, with underlying profit increasing 58 per cent to £388m, reflecting stronger income.
