Who is Cindy Ngamba, the Cameroon-born British-based gay boxer? August 8, 2024 It is fair to say that Team GB’s boxing record at the Paris 2024 Olympic Games has not been up to scratch. But one athlete who has trained with the Brits, Cindy Ngamba, has guaranteed herself at least a bronze medal. But Ngamba is not fighting for Great Britain. Instead she’ll box for the Refugee [...]
The Capitalist: Abercrombie & Fitch fall silent; Paris shouts ‘Merde!’ at Olympic muffin man August 8, 2024 Rumours, whispers and City gossip… Abercrombie & Fitch silent on diversity pledge The noughties are back, baby: and that means Von Dutch caps and Abercrombie & Fitch. All of a sudden ‘Brat Summer’ sounds appealing. The return is quite the coup for the company once voted “America’s most hated retailer”. The firm has been heavily [...]
Harbour Energy returns to profit despite falling revenue and cash flow August 8, 2024 Harbour Energy has returned to the black on Thursday despite the largest UK-based North Sea oil and gas firm suffering a dip in revenue and cratered free cash flow. The producer had been a victim of the energy profit levy imposed off the back of energy price spikes in 2022, with the 75 per cent [...]
Natwest to ‘suffer significant shortfall’ with a 90 per cent loss after Island Poke collapse August 8, 2024 Natwest is on course to “suffer a significant shortfall” following the collapse of London-based Hawaiian food chain Island Poke, it has been revealed. The bank is one of the major creditors to the business which was sold in a pre-pack administration to a subsidiary of hospitality incubator White Rabbit Fund in July. The food business [...]
CRH: Irish building supplies giant upgrades guidance as profit ticks up August 8, 2024 Irish building materials giant CRH has upgraded its guidance for 2024 after its profit ticked up in its second quarter as a string of acquisitions helped to offset the impact of wet weather. The firm, which is headquartered in Dublin and switched it’s primary listing from London to New York last year, said it now expects to [...]
Hostelworld: Travel agency starts to pay off pandemic debt after record bookings in Asia August 8, 2024 Backpacking Brits looking for cheap stays in Asia and Central America helped online travel agency Hostelworld achieve a record performance in the first half of its financial year. The Irish company, which is listed in London, reported record bookings in Asia and Central America in the six months to June 30. Net booking rose by [...]
Evans Cycles: Big loss revealed in delayed results for brand owned by Mike Ashley’s Frasers Group August 8, 2024 Significantly delayed accounts for Evans Cycles have revealed how far the brand, which is owned by Mike Ashley’s Frasers Group, has slumped further into the red. According to results for the year to April 30, 2023, which have only just been filed with Companies House, Evans Cycles slipped to a pre-tax loss of £23.2m. The [...]
Infrastructure firm Hill and Smith shares fall as UK business weighs on bottom line August 8, 2024 In a statement, the firm flagged challenges in its UK business, which has grappled with reduced demand from public sector customers.
Legal group NAHL reduces debt as firm eyes up division sale August 8, 2024 NAHL, London listed business that focuses on the consumer legal services market has reported a dip in H1 revenue but decreased its net debts as the board eyes up potential division sale
Hikma given shot in the arm by ‘excellent’ double-digit growth August 8, 2024 Pharmaceutical firm Hikma has hiked its dividend and raised its guidance having hailed an “excellent” first half of the year. The Jordanian-founded FTSE 100 pharma firm, which in June bolstered its injectables offering with the purchase of Danish rival Xellia, posted a double-digit revenue rise of 10 per cent, raking in $1.6bn (£1.3bn) in the [...]