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South East
10:51, 25 APR 2025
Owner of Beryl electric bike scheme sees losses widen to more than £7m
Transport
The firm runs the rentable bike scheme in places including in Cornwall, London, Manchester, Leeds and the West Midlands
Bookmark
Urine collected at London Marathon 2025 to be turned into fertiliser
Business of Sport
Bristol inventors are behind the plans at the annual sporting event
Bookmark
St James's Place loses £3.3bn as investors continue to pile in
By City AM
The º£½ÇÊÓÆµ's largest wealth manager saw its assets under management fall during the quarter for the first time in years, as turmoil in the stock market impacted investments
Bookmark
Asos shares drop despite online giant narrowing losses in turnaround plan
By City AM
Asos' share price has fallen by more than 94 per cent since its pandemic high in April 2021, and despite narrowing its losses, it still has a long way to go in its turnaround plan
Bookmark
Balfour Beatty lands £670m contract to reconstruct part of major US highway
By City AM
The construction group's latest award follows on from a £575m contract with the Texas government in November to rebuild part of the Interstate 35 through Austin
Bookmark
Richard Branson's children's bike sharing firm Beryl sees losses more than double
By City AM
Beryl, which is backed by Richard Branson's children, has posted a pre-tax loss of £7.5m for the 12 months to 31 March, 2024, compared to a pre-tax loss of £3.8m it reported for its prior financial year
Bookmark
Domino's reports order growth and expects 'minimal impact' from Trump tariffs
By City AM
Domino's said that total sales rose 2.1 per cent to £393.3m in the first quarter of 2025, from £385.2m in 2024, while total orders rose 0.5 per cent to 17.8m, from 17.7m in 2024
Bookmark
Unilever reports sales slump despite turnaround plan
By City AM
The consumer goods giant, which makes big-name brands such as Persil and Marmite, saw overall sales fall in the first quarter
Bookmark
Astrazeneca CEO blasts Europe for 'putting health of its people at risk'
By City AM
CEO Pascal Soriot said Europe was "falling behind" in attracting investment and needed to "invest more in what really matters to it"
Bookmark
Foxtons enjoys 'strong start to the year' as stamp duty completion rush drives up revenue
By City AM
The estate agent said that overall revenue rose by 24 per cent in the three months ended March 31, with a 73 per cent rise in sales revenue
Bookmark
Enterprise Rent-A-Car º£½ÇÊÓÆµ boosts workforce by 700 as sales hit £2bn milestone
By City AM
Enterprise Rent-A-Car said its profit fell as a result of an increase in vehicle expense driven by an increase in average cost per unit and average monthly depreciation expense per unit
Bookmark
Dettol and Durex maker Reckitt Benckiser profit rises despite North America slowdown
By City AM
Reckitt Benckiser has reported a rise in profit despite a slowdown in the North American market
Bookmark
Hobbycraft to shut nine stores and axe up to 126 jobs
Retail
The restructure will also result in redundancies at its Bournemouth head office and distribution centre in Burton-on-Trent
Bookmark
Wilkinson Sword turns a profit after pandemic losses
By City AM
The High Wycombe-headquartered business reported a pre-tax profit of £7.2m for the 12 months to September
Bookmark
Hargreaves Lansdown co-founder to rejoin board after £5.4bn takeover
By City AM
Peter Hargreaves, who helped set up the investment site in 1981 and stepped down as a director a decade ago, is set to rejoin the board in a non-executive role
Bookmark
DHL halts large shipments to US after customs changes cause delays
By City AM
The parcel delivery firm said all shipments to the US worth more than $800 will be temporarily halted from April 21 in response to new regulations for trade
Bookmark
How Rising Ballers turned Instagram page into business with Phil Foden and Nike
By City AM
Rising Ballers has become a major player in the social media and content world by showcasing the football stars of the future - and it all started with an Instagram page
Bookmark
Gatwick, Stansted and Manchester worst for delays among º£½ÇÊÓÆµ airports
Transport
The average delay for flights last year was 18 minutes and 24 seconds
Bookmark
Man Group sees $5.6bn withdrawn in just two weeks as hedge fund suffers 'brutal losses'
By City AM
Hedge fund Man Group saw its assets under management drop by $5.6bn (£4.2bn) in just two weeks during April as the firm saw "brutal losses" impact its financials
Bookmark
º£½ÇÊÓÆµ fintech Wise could lose out if US-China trade war escalates, analysts warn
By City AM
The º£½ÇÊÓÆµ fintech pocketed £350m in underlying income for the fourth quarter – a 13 per cent jump year-on-year
Bookmark
AA reports profits boost as it marks 'breakout year' since private equity takeover
By City AM
The breakdown giant said it has helped with 3.5m breakdowns in 2025
Bookmark
Bunzl shares plunge after FTSE 100 giant slashes 2025 forecast
By City AM
The distribution titan said revenue grew just 2.6% at constant currency, but adjusted operating profit dropped significantly year on year – driven by a squeeze on margins in both North America and Continental Europe
Bookmark
Allica Bank profits soar as fintech chief eyes unicorn status for 'super clear' SME focus
By City AM
The fintech has grown at an unprecedented rate since its launch in 2020 and has amassed a host of accolades for its rapid expansion - but the CEO says the 'products are not more than half done'
Bookmark
Mitie Group warns of £50m NIC hit as it unveils share buyback
By City AM
The outsourcing group, which provides a range of services from cleaning to security, said the NICs increase will lead to a one-off hit to its retained earnings of around £50m in 2024
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