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Hikma Pharmaceuticals' revenue grows nine per cent to £2.47bn as profit booms
By City AM
The pharmaceutical company said the bulk of its growth came from its North American arm as well as recent product launches
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London Heathrow announces first dividend since pandemic following ownership change
By City AM
The London airport has agreed to pay its new owners a £250m dividend in the coming weeks, the first since before the pandemic
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Fintech unicorn Zopa to double office space as it launches in Canary Wharf
By City AM
The British digital bank, which was founded in 2020, said the move comes as it prepares to publicly launch its flagship current account and a GenAI proposition that aims to "bring humanity and warmth into banking"
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Gatwick expansion 'rationale not impacted by Heathrow third runway' aviation regulator says
By City AM
The Civil Aviation Authority (CAA) has put its weight behind Gatwick Airport's proposals for a second runway
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Boss of South West Water owner has 'regret' for pollution incidents
South West
Susan Davy, chief executive of Pennon Group, made the comments to a group of MPs
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Standard Chartered shares jump as bank unveils profit, dividend hike and overhaul
By City AM
Standard Chartered shares jumped over four per cent Friday morning after the lender posted its full-year results.
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St Pancras owner eyes new services to Italy and Germany as it lures in Eurostar rivals
By City AM
London St Pancras High Speed and Eurotunnel are set to almost triple passenger capacity and launch new routes
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Octopus Energy's new green investment platform sells out in a week amid high demand
By City AM
The Collective lets investors directly buy shares of listed green projects like wind and solar farms, investing anywhere between £25 to £20,000.
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Burberry set to re-enter FTSE 100 in major milestone after share price doubles
By City AM
The luxury brand fell out of the FTSE 100 in its September quarterly reshuffle last year after its share price dropped nearly 75 per cent in 16 months
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Wetherspoons boss warns prices 'certain to rise' following national insurance hike
Food and Drink
Sir Tim Martin has criticised "modern politicians" as businesses prepare for tax increases
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Vitality reports £168k loss despite revenue boost to nearly £1bn in 2024
By City AM
The health and life insurer has posted a loss before income tax of £168,000 for the 12 months to 30 June, 2024, after having achieved a profit of £37.9m in the prior year.
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BAE Systems forecasts more than £30bn in sales in 2025
By City AM
The defence giant said it expects sales to increase by seven to nine per cent on an annual total of £28.3bn in 2024
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Thames Water's rescue plan approved by High Court - saving it from temporary nationalisation
By City AM
The º£½ÇÊÓƵ's biggest water supplier had been set to run out of money by 24 March without a £3bn loan from its creditors, amid debts of more than £19bn
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Ann Summers reports £13.1m loss amid inflation and Google search challenges
By City AM
The lingerie and sex toy retailer's turnover has also taken a hit, newly-filed accounts show
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Anglo American presses ahead with demerger of platinum business
By City AM
The mining giant said it would seek shareholder approval at its 30 April annual general meeting for the split
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London small businesses hit record low confidence, FSB report reveals
By City AM
According to a new report by the Federation of Small Businesses (FSB), London small firms' confidence levels fell to 62.6 in the fourth quarter of 2024
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Airbus to build º£½ÇÊÓƵ satellites for Armed Forces in bid to boost space surveillance
Armed Forces
The system is being designed and built in Britain and could support some 200 jobs
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Gender pay gap means women have 'worked for free' in 2025
Employment
Pay disparity between men and women remains "stubbornly high", the report TUC said
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Nikon's profit falls by half as it admits demand is waning
By City AM
The division of the Japanese giant has reported a pre-tax profit of €13.5m (£11.2m) for the 12 months to 31 March, 2024, according to newly-filed accounts with Companies House.
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Data centre demand fuels growth at warehouse giant Segro
By City AM
Warehouse giant Segro has seen pre-tax profits surge with its portfolio value increasing to £17.7 billion
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Heathrow unveils multibillion-pound investment and confirms third runway plan
Federation of Small Businesses
The airport's investment will see upgrades to capacity at Terminals 2 and 5 alongside the third runway investment, as well as new local transport connections and infrastructure built to support the airport's sustainable energy targets
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Timber and fencing firm rebrands as owner marks 80 years in business
South West
The company says it is 'business as normal' and that 'nothing has changed' apart from its name
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Virgin Atlantic and IAG lead call for urgent reform at Heathrow amid escalating passenger fees
By City AM
Heathrow has become the world's most expensive airport over the last 15 years and airlines are calling for change - but the airport says it makes 'little sense'
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BT announces recruitment of over 600 apprentices and graduates across the º£½ÇÊÓƵ
BT
Roles will be available in areas including cyber security, software engineering and customer service
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