‘We haven’t sold the business’: London Lions administrators deny Lithuanian claims August 7, 2024 London Lions have won the BBL and Women’s BBL titles for the last two years.
EY UK sanctioned for breaching fee cap with Abramovich-owned Russian miner Evraz August 7, 2024 EY has been issued a financial sanction by the accountancy regulator for failing to comply with fee cap with Russian mining group Evraz.
Late surge calms management’s fears at bathroom brand Samuel Heath August 7, 2024 British tap and bathroom accessory maker Samuel Heath said its sales had “turned out considerably better than the board had feared” thanks to a surge in orders in the final few months of its financial year. The London-listed company saw its sales for the year ending March 30, 2024, reach £15.24m, a 3.5 per cent [...]
Profit soars in bumper year for Goodwin as investments pay off August 7, 2024 Engineering group Goodwin PLC has reported another bumper year as efforts to break into new markets begin to pay off. The London-listed company saw its revenue soar to £191m in the 12 months ending April 30, 2024, up from £186m in the year before. As a result, Goodwin saw its pre-tax profit increase by 27 [...]
Ibstock profit slashed as ‘exceptionally wet weather’ hits construction industry August 7, 2024 Sales and profit at building supplies company Ibstock has continued to fall as “exceptionally wet weather” badly affected the construction industry. The London-listed firm, which is headquartered in Leicestershire, saw its revenue drop 20 per cent to £178m in the first six months of 2024, down from £223m last year. Ibstock said this decrease was [...]
Wealth manager Quilter posts record adjusted profit as investors’ nerves ease August 7, 2024 FTSE 250 wealth manager Quilter has reported a record adjusted profit amid a recovery in net inflows and improvements in global equity markets.
UK house prices surge to highest point since January to end months of stagnation after rate cut August 7, 2024 Renewed momentum in the property market has seen UK house prices rise at the highest rate since January, ending a three-month spell of stagnation. House prices increased by 0.8 per cent in July, with the average property now costing £291,268, up from £289,042 in June, according to the Halifax house price index. This surge sets [...]
‘More work to do’ on airport accessibility, aviation watchdog warns August 7, 2024 Britain's aviation regulator has said "more work" needs to be done to improve airport accessibility, despite significant improvement over the last year.
Hiscox: Lloyd’s of London insurer reports ‘robust growth’ despite a more ‘active loss environment’ August 7, 2024 Hiscox, the Lloyd’s of London insurer, has reported another set of strong results as the company has continued to benefit from a hard insurance market. In its interim results for the six months to 30th June, the company recorded 3.3 per cent growth in insurance contract written premium (ICWP). The figure rose $89.6m (£70.5m) to [...]
Why Virgin Atlantic’s cooking oil flight ad was banned for being ‘misleading’ on green claims August 7, 2024 A ruling by the UK ad watchdog has raised questions over Virgin Atlantic's "groundbreaking" biofuel-powered flight across the Atlantic last November.