Foxtons reports ‘much improved performance’ as profits hit top of expectations January 27, 2022 Foxtons announced it had a much improved performance in 2021 with profit at top end of expectations.
Trading platform IG hits ‘record’ highs thanks to global expansion January 27, 2022 IG Group reported a record quarter, with net trading revenue up by 16 per cent to £471.9m. The online trading platform reported that profit before tax increased eight per cent to £245.2m, while adjusted profit before tax increased 13% to £258m. Active clients increased 42 per cent to 320,400, reflecting the acquisition of tastytrade. The [...]
Mike Cherry interview: Now is not the time to saddle small businesses with higher taxes January 27, 2022 The pandemic has been a bumpy ride for Britain’s entrepreneurs and small businesses. Trying to navigate the choppy waters of the government swinging between tougher and looser restrictions to tame Covid-19 has been fraught with risk and uncertainty. But, one thing seems for sure: the looming heavier tax burden will weigh heavily on small firms, [...]
M&G gobbles up responsAbility in ethical investment push January 27, 2022 British investment giant M&G has taken a majority stake in sustainable investor responsAbility amid a string of recent takeovers.
Fuller’s hopeful the return of City workers will help pub sales hit pre-Covid levels January 27, 2022 Pub operator Fuller’s said it hopes its City pubs will see a boost to trade thanks to workers’ “strong desire” to get back to the office. In a trading update for the 43 weeks to 22 January 2022, the pub operator said it had been impacted by Omicron measures last month. As corporate Christmas parties [...]
Euromoney revenue up 19 per cent as events make comeback and subscriptions rise January 27, 2022 Euromoney Institutional Investor reported a “strong start to the year” as it shifted towards a subscription model and took a blended approach to its events schedule. The B2B information group reported revenue of £93.3m up 19 per cent, buffered by underlying revenue growth in both subscriptions, up eight per cent, making up 67 per cent of [...]
INEOS unveils plans to build low-carbon hydrogen manufacturing plant January 27, 2022 INEOS has announced plans to build a low-carbon hydrogen manufacturing plant, and has invited contractors to submit designs for the project.
Soft drink maker Britvic posts boosted revenue amid warnings of inflation ‘across business’ January 27, 2022 Soft drink maker Britvic has reported soaring quarterly revenue even as hospitality venues were impacted by a return of Covid measures last month. The FTSE-250 firm posted total revenue hit £373.9m on a constant currency basis, up 16.5 per cent compared to the October to December period in the previous financial year. Total revenue rose [...]
Appetite for convenience food boosts Greencore revenue by a quarter January 27, 2022 Convenience food maker Greencore saw robust revenue growth in the latest quarter driven by a strong appetite for food to go.
A Smart Portfolio for DeFi January 27, 2022 As of July 2021, DeFi has helped pull $50 billion into smart contracts on the Ethereum blockchain, and it shows no signs of slowing down. In fact, the dizzying pace of DeFi innovation makes it tough for even the most informed investors to keep up. That’s why eToro created the DeFi Smart Portfolio. This offers [...]
