Majestic Wine and Poundstretcher owner Fortress cuts costs July 10, 2024 The UK arm of Fortress Investment Group, whose portfolio includes the likes of Majestic Wine, Punch Pubs and Poundstretcher, saw its revenue and profit dip during 2023 as its US owner cut costs.
SSP Group: Upper Crust owner’s shares soar on back of impressive sales July 10, 2024 Travel food specialist SSP Group has continued its momentum from of May's half-year results, thanks to continuous increases in demand for leisure travel.
Barratt becomes one of the most hated shares in the UK despite Labour bounce July 9, 2024 Barratt is due to make a trading announcement tomorrow. Analysts expect operating profit to more than halve from £863m to £357m for the year, thanks to higher interest rates and inflationary pressures.
Lloyd’s of London insurers Beazley, Hiscox and Lancashire are takeover targets, analysts say July 9, 2024 Lloyd's of London insurers are expected to be the subject of takeover interest, analysts have said, following news that foreign rivals are circling London-listed Hiscox.
Savers sees profit jump after cutting hundreds of jobs July 8, 2024 Budget health and beauty retailer Savers has seen its profit jump after shedding almost 300 jobs amid "another tough year for retail", according to newly-filed documents.
Mike Ashley’s Frasers Group lowers stake in AO World July 8, 2024 Mike Ashley's retail empire Frasers Group has lowered its stake in white goods giant AO World.
Hiscox shares soar as Lloyd’s of London insurer attracts foreign takeover interest July 8, 2024 Shares in Hiscox surged as much as 14 per cent on Monday following news that two foreign rivals are considering takeover bids for the Lloyd’s of London insurer.
British Land inks deal with King’s College London for new tech centre in Canada Water July 8, 2024 AustralianSuper, which manages over £170bn in assets, has invested some £8bn into the UK since 2016, with holdings of around £2.5bn in UK listed equities, according to the Treasury.
Superdrug: Sales and profit pass key milestones as Boots rival creates 400 jobs July 8, 2024 Superdrug's profit surged past £100m in 2023 as its sales broke the £1.5m barrier and it created more than 400 jobs, it has been revealed.
Plus500 on track despite distracted Euro 2024 traders slowing activity July 8, 2024 Retail trading platform Plus500 has weathered the Euros storm and expects to deliver results in line with markets expectations.