Meta: Instagram owner to expand UK bank data scheme in anti-fraud push October 2, 2024 Meta is to partner with more UK banks for a data-sharing programme aimed at tackling fraud, as tech giants come under pressure to address a surge in scams on social media.
SIG: Revenue drops as housing supplier warns of continued weak demand October 2, 2024 Housing supplier SIG has reported another drop in revenue after soft demand for interiors continued to bite. Group like-for-like revenue saw a sequential improvement but still dropped by four per cent in the three months to 20 September, after a seven per cent decline in the first half of the year. SIG said that weak [...]
Pinewood Technologies sees double-digit growth amid push for expansion October 2, 2024 Pinewood Technologies has reported a double-digit jump in profit as the group continues global expansion.
Smiths News: Distributor’s revenue ticks up after Euros boost October 2, 2024 Leading UK newspaper distributor Smiths News has reported a “resilient” trading performance despite the long-term decline of demand for newspapers. Revenue at the company grew by 1.1 per cent in the 53 weeks to 31 August. The full-year result was despite a revenue drop of two per cent in the first half of the year. Its [...]
FTSE 100: London gains as Iran’s attack on Israel sends oil prices higher October 2, 2024 London markets made gains on Wednesday after an unprecedented missile attack on Israel by Iran that sent oil prices higher and shook global stocks.
Topps Tiles sales drop again as ‘weaker’ market reflects reluctance for DIY October 2, 2024 Group sales for London-listed Topps Tiles dropped for the year as the consumer retail brand battled through a "weaker" market.
Shepherd Neame: Britain’s oldest brewer ups dividend on ‘positive and encouraging’ results October 2, 2024 Britain’s oldest brewer Shepherd Neame have reported record revenue for the full financial year despite ongoing cost headwinds. The Faversham-based brand, which owns and operates 291 pubs across the southeast, told markets this morning that revenue for the 53 weeks to 29 June grew by 3.6 per cent to a record £172.3m, from £166.3m in [...]
Electrical supplier AO World snaps up Musicmagpie in near-£10m deal October 2, 2024 London-listed online retailer Musicmagpie will be snapped up by AO World as the electrical supplier looks to enhance its presence in consumer tech.
Saga in talks with Belgium’s Ageas over insurance deal October 2, 2024 Saga, the British financial services and travel provider for over-50s, has said that it is in talks with Ageas for a deal involving its insurance arm as it looks to reduce debt.
JD Sports: Revenue hits record as US expansion pays off October 2, 2024 JD Sports has reported record revenue in the first half of the year after a pick-up in sales and the acquisition of American retailer Hibbett. Revenue at the retailer reached just over £5bn in the 26 weeks to 3 August 2024, up by 5.2 per cent year on year. Profit before tax rose by two [...]
