Latest News
Next Fifteen H1 profits and revenues rise, dividend lifted
Next Fifteen reported a jump in interim profit and revenue on Tuesday as it hiked its dividend.
Core growth and acquisition drive Learning Technologies in first half
Integrated learning and talent software and services provider Learning Technologies Group announced its half-year results for the six months ended 30 June on Tuesday, reporting a 60% improvement in revenues to £33. 8m.
Keystone Law sees solid first half growth
Challenger law firm Keystone Law announced its interim results for the six months ended 31 July on Tuesday, reporting “strong” revenue growth of 29. 9% to £19. 9m.
Pittards warns on tariffs after fall in UK hide orders
Pittards warned new global tariffs could affect its business as the leather producer reported falling UK hide manufacturing orders.
SSE to buy other half of Seagreen Wind Energy
SSE announced on Tuesday that it was exercising its pre-emption right in the sale of Fluor's 50% share in Seagreen Wind Energy, established to develop offshore wind projects in the Firth of Forth Zone.
Card Factory LFL revenues drop as footfall declines
Card Factory posted a drop in underlying pre-tax profit and like-for-like sales on Tuesday as it took a hit from extreme weather and consumer caution, but overall revenue rose and the retailer announced a special dividend.
Low & Bonar warns on profits as polymer prices mount
Low & Bonar warned that profits for the full year would be "significantly lower" than previously predicted as the performance materials group found it hard to pass on increased raw materials prices to customers.
Speedy Hire sees H1 revenues up 6.5%
Tools and equipment hire company Speedy Hire said on Tuesday that revenues for the first half are expected to have risen, while full-year adjusted pre-tax profit will be ahead of the previous year.
Comcast's Sky bid goes mandatory after it buys 30% stake
Comcast said it had bought more than 30% of Sky’s shares to make its £30. 6bn cash bid for the UK broadcaster mandatory.
Hotel Chocolat's profits sweeten as worldwide expansion targeted
Chocolatier and cocoa grower Hotel Chocolat on Tuesday reported a jump in first-half profits and set its sights on expansion into Scandinavia, Japan and the US.
Peel Hunt downgrades JD Wetherspoon after recent strength
Peel Hunt downgraded JD Wetherspoon to ‘hold’ from ‘add’ on Tuesday following recent share price strength.
London open: Next boosts retailers but trade worries remain
London stocks nudged a touch higher in early trade on Tuesday as the retail sector was boosted by a guidance upgrade from Next, but gains were limited amid ongoing concerns about the US-China trade conflict.
British American Tobacco appoints Jack Bowles as CEO
British American Tobacco has promoted Jack Bowles, currently chief operating officer of its international business, to the role of chief executive, succeeding Nicandro Durante.
Irn-Bru maker AG Barr profit rises in choppy first half
AG Barr’s first half profit rose as the maker of Irn-Bru and other soft drinks steered a course through a soft drinks market made unpredictable by extreme weather and the introduction of the sugar tax.
Next upgrades profit guidance and calls for Brexit clarity
Next raised its guidance for annual profit after the fashion retailer’s trading in August and early September was better than expected.
Glencore adds another $1bn to share buyback programme
Glencore will buy back another $1bn of shares, it said on Tuesday as the commodities colossus approached the end of its previous $1bn share buyback.
Polymetal's cost of borrowing to reduce as firm improves sustainability score
Polymetal has been classified as “a leader” in the diversified metals sector by independent environmental, social and governance (ESG) research and ratings firm Sustainalytics, the company announced on Tuesday.
Close Brothers sees good growth in preliminary results
Close Brothers reported a “good performance” for the year ended 31 July in its preliminary results on Tuesday, with a 4% increase in adjusted operating profit to £278. 6m.
Imperial Brands enjoys 'much stronger' tobacco pricing mix
Imperial Brands said its tobacco business was enjoying "much stronger" sales in the second half of the year and said it plans to launch its heat-not-burn tobacco product early in 2019.
London pre-open: Stocks to edge lower amid trade worries; Next raises guidance
London stocks were set to edge lower at the open on Tuesday amid ongoing worries about the trade conflict between the US and China.