Miner Petropavlovsk strikes gold despite challenges at the top May 17, 2021 Petropavlovsk produced 548.1koz of gold last year, a six per cent increase on the previous year, despite a difficult period that saw a bloody boardroom battle and new CEO. The miner saw an 18 per cent decline to 385.6koz of own gold produced, but a 256 per cent increase to 162.5koz of gold produced from [...]
Standard Life Aberdeen appoints Caroline Connellan as new CEO of personal wealth May 17, 2021 Standard Life Aberdeen has appointed Brooks Macdonald CEO Caroline Connellan as its new chief executive of personal wealth. The firm, which will retain its vowels until its summer rebrand as Abrdn, will welcome Connellan to its London offices. She will report directly to CEO Stephen Bird as a member of the executive leadership team. Connellan [...]
Industrial parts supplier Diploma eyes more deals following growth May 17, 2021 Diploma saw hefty revenue and profit growth in the six months to 31 March, and as a result expects its full year results to be “significantly ahead of our previous expectations”. The industrial firm, which provides specialist products to the life sciences sector, saw revenue of £365.2m in the first half of its financial year, [...]
Hollywood Bowl swings to loss as lockdowns keep bowling alleys shut May 17, 2021 Hollywood Bowl today reported a pre-tax loss of £14.5m for the six months ended 31 March as lockdowns kept UK bowling alleys shut. The leisure firm, which was forced to keep its alleys closed for three quarters of the period, also saw revenue plummet 82 per cent year-on-year to £12m. Delivering its interim results, Hollywood [...]
Software firm Cerillion posts record six months following contract wins May 17, 2021 London-based software firm Cerillion today posted record six-month results, having implemented major contracts during the time that helped to drive sales. Revenue performance for new orders at the business in the six months to 31 March was up 148 per cent on 2020’s H1 figure to £23.6m. Total new customer sales amounted to £18.1m, including [...]
Estonian fuel cell developer gears up for £200m AIM listing May 17, 2021 Estonian fuel cell developer Elcogen is preparing to list on London’s AIM market, in a move that could see it valued at as much as £200m. The Tallinn-based business wants to raise funds to increase its manufacturing capacity with a new factory in Estonia, in order to take advantage of the boom in interest in [...]
Caution urged as rules around hugging, socialising and travel are eased May 17, 2021 The Prime Minister has called for a “heavy dose of caution” as lockdown rules are eased today in England, Wales and most of Scotland. People can now socialise indoors and hug loved ones for the first time in months, and the ban on foreign travel has been lifted and instead replaced with a traffic light [...]
Bupa Global CEO: We need a serious rethink on how to conduct business travel May 17, 2021 As the long-awaited green list holiday destinations have been unveiled, the airline and associated travel industries must be breathing a sigh of relief. However, whilst the future looks clearer for holidaymakers, the return of business travel has been put on ice over the course of the pandemic. The business travel industry has dealt with many [...]
On the Brightside May 17, 2021 As COO at Brightside, Rachel Pigott CA helps young people access education and career mentoring. She tells Ryan Herman why the pandemic has made the charity’s work more important than ever. This article first appeared in ICAS’ CA magazine. Pre-pandemic, if you came from a professional family, you were more than twice as likely to [...]
The City is opening up even more, let’s all enjoy it May 17, 2021 Like the rest of the country, the City of London is feeling a sense of anticipation as England enters the third step of the Government’s roadmap to ease lockdown restrictions. The return of indoor hospitality and reopening of cultural institutions is a welcome return to normality that will help the Square Mile regain the exciting [...]
