Principality Building Society’s profit nearly halves as lower rates offset mortgage boost August 6, 2024 Principality Building Society, the largest mutual lender in Wales, has seen its profit nearly cut in half as mortgage price wars and looming interest rate cuts dragged on its lending margins.
Hargreaves Services’ profit slumps due to issues at company’s German joint venture August 6, 2024 Industrial services group Hargreaves has seen its profit for the year slashed almost in half despite delivering revenue in line with the previous 12 months.
Renewi: Waste disposal firm gets green light to sell garbage UK arm to Biffa August 6, 2024 Waste management firm Renewi said it had been given the green light by regulators to sell its UK Municipal business to Biffa. In a statement to markets, Renewi said it had obtained approval from the Competition and Markets Authority (CMA) for the £125m deal, which was announced in May and is expected to increase the [...]
Ramsdens: Pawnbroker ups guidance on high gold price August 6, 2024 Pawnbroker Ramsdens reported good trading momentum in its third quarter, with profit before tax expected to come in ahead of expectations, mainly thanks to higher gold prices. The company said it expected profit to rise eight per cent this year, from £10.1m in 2023 to £11m. Revenue was helped by the high gold price, which [...]
YouGov shares soar as market researcher snaps up Yabble in £4.5m deal and raises guidance August 6, 2024 Polling and market research company YouGov has acquired New Zealand-based generative AI company Yabble in a £4.5m cash deal as it slightly notches up its full-year guidance.
IWG reports record revenue as workers return to the office August 6, 2024 IWG chief executive, Mark Dixon, has publicly considered switching the Swiss firm's listing to the US this year.
Abrdn records net inflows as fund manager prepares to appoint new chief August 6, 2024 Abrdn has reported improved flows and progress on its cost-saving efforts as the fund manager gears up to appoint a new chief executive.
‘A turbocharged turnaround’: Asian stocks rebound after Monday’s global market rout August 6, 2024 "it's a turbocharged turnaround Tuesday in Asia," Deutsche Bank's Jim Reid said.
Thames Water fined £104m over wastewater failures in landmark Ofwat investigation August 6, 2024 Three water companies are facing fines totaling £168m for failing to properly manage their wastewater treatment works and networks, Ofwat has announced today.
Labour should increase pension contributions to get the UK economy going again August 6, 2024 In the first few weeks in office Labour has announced a number of different policies that Rachel Reeves hopes will get the British economy firing on all cylinders again. One policy that has received less attention – a review into pension adequacy – suggests that important changes might be on the way, changes which would [...]
