United Utilities hikes dividends despite lower profit and rise in debt November 16, 2023 United Utilities released its half year report today, highlighting an ambitious five year plan and hiking its dividend despite a fall in profit and rise in debt. Revenue rose 6.8 per cent, but operating profit fell 6.9 per cent due after a 16.6 per cent jump in operating costs. Debt rose from £7.8bn in 2022 [...]
Investec’s UK business sees 41 per cent surge in profit, announces record dividend November 16, 2023 Investec announced in April that its wealth and management division would combine with Rathbones in a £839m tie-up.
Mr Kipling owner Premier Foods boosted by falling inflation as sales and revenue jump November 16, 2023 Premier Foods' boss: "We know how challenging the past year has been for many consumers and so it's good to see the rate of input cost inflation falling."
Young’s adds City Pub Group to growing empire in £162m deal November 16, 2023 Young's will add 50 pubs and more than 200 hotel rooms, with the group also reporting demand in London now higher than pre-pandemic
Future of Britain’s high streets depends on business rates support, industries warn November 16, 2023 Britain's high streets could be set for further decline if the government doesn't continue business rates support in the upcoming autumn statement, a group of retail, hospitality and leisure organisations has warned.
Why long-term sickness will be on Hunt’s agenda in the Autumn statement November 16, 2023 Chancellor Jeremy Hunt is expected to announce new measures to boost participation in the workforce in next week's Autumn statement in a bid to address the rise of long-term sickness .
Let’s be honest, inflation is down and the Bank of England could create a recession November 16, 2023 The Bank of England is now at risk of overcorrecting after ignoring monetary policy for far too long, writes Matthew Lesh
From Rwanda to inflation, Sunak has tied himself to pledges he can’t control November 16, 2023 Cutting both immigration and inflation are two of Sunak’s cornerstone pledges, but the PM is struggling to wrest the former under control even as he amps up the rhetoric, writes Simon Neville
It would be senseless to delay a tax supported by greenies and the steel industry November 16, 2023 Implausible though it sounds, businesses in Britain are clamouring for a new tax this Autumn Statement. Even more unlikely, both heavy industry and environmentalists are aligned in wanting it. That’s right, the unsexily-titled carbon border adjustment mechanism (which parades around the punchy acronym CBAM) has managed a feat few thought possible: the union of greenies [...]
Will Celsius rise again with the lifting of its Chapter 11 protection? November 15, 2023 Celsius Network has received court approval for a restructure that will return cryptocurrency to customers and establish a new company.