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South East
15:07, 25 OCT 2024
º£½ÇÊÓÆµ's CMA takes legal steps against Emma Group for deceptive online selling practices
By City AM
The Competition and Market Authority (CMA) opened an investigation into Emma Group back in 2022 over the use of online urgency claims, such as countdown clocks
Bookmark
Greencoat º£½ÇÊÓÆµ Wind's asset value dips amid low power generation, continues share buybacks
By City AM
The wind farm-focused investment trust said the value of its underlying assets dipped by 0.4 per cent over the quarter
Bookmark
United Parcel Service rebounds with profit and revenue growth ahead of festive season
By City AM
The global delivery service has reported positive financial results for the first time in 18 months, as it prepares for the Christmas rush
Bookmark
Thames Water seeks £3bn in funding to address debt and enhance infrastructure
By City AM
The water company has just £500m in cash, and hopes the new money will extend its ability to function for at least another year
Bookmark
NatWest shares surge as Q3 profits climb 26%, driven by robust lending growth
By City AM
The Big Four bank reported solid growth driven by its lending
Bookmark
John Lewis launches major store makeovers as part of £800m beauty hall investment
John Lewis
The company has committed to inject more than £250 million into its stores over the next two years as part of the plan, which will pump a total of £800 million into the John Lewis brand over the next four years.
Bookmark
Dunelm thrives with vibrant sofa sales, plans expansion into Westfield London
By City AM
The homeware retailer said its sofa range had performed especially well, with customers 'enjoying our curated and colourful ranges'
Bookmark
Harry Potter magic still works for Bloomsbury as publisher forecasts exceed expectations
By City AM
In its results for the six months to 31 August, the publishing house told markets consumer revenue was up 47 per cent to £131.3m for the half year, up from £89.4m, while profit before taxation was up 91 per cent to £21.4m, from £11.2m in the previous year
Bookmark
Advertising giant WPP sees revenue boost from key contracts with Amazon and Unilever
By City AM
The advertising giant reported like-for-like revenue growth of 4.1 per cent in the quarter to September 30, with a strong performance from its GroupM division
Bookmark
Heathrow smashes passenger record after summer travel boom as airport hails 'excellent service'
By City AM
The figures brought the total number of passengers over the first nine months of the year to 63.1m, compared to 59.4m in 2023 a record.
Bookmark
Franchise Brands mulls move from AIM to main market after new CEO appointed
By City AM
The £300m firm has been listed on AIM since 2016 but said today that given the "scale and growth ambitions" of the company, it was taking the first step in its journey to move to a main LSE listing, though stressed the plan was at an "early stage"
Bookmark
Holiday Inn owner IHG's room revenue grows despite concerns over performance
By City AM
The owner of the Holiday Inn chain has reported a 1.5 per cent growth in revenue per available room (RevPAR) over the third quarter, although the metric was negative in China.
Bookmark
Sabre Insurance braces for moderated growth due to high claims inflation
By City AM
The London-listed firm reported gross written premiums of £186.5m for the third quarter, up 15 per cent from £162.2m a year earlier.
Bookmark
Alpine Fire Engineers secures £70m funding package
North West
Support from Shawbrook Bank and HSBC already used to fund DAS Fire acquisition
Bookmark
Empresaria forecasts tough quarter ahead as shares tumble nearly 20%
By City AM
The firm said that its full year adjusted pre-tax profit is now expected to be no less than £2m
Bookmark
Wickes reports growth but anticipates decline as DIY demand slows
By City AM
The home improvement retailer said it had returned to growth over the summer, with revenue up 2.1% and retail sales rising 4.7% in the third quarter of the year
Bookmark
Skinny Tan's owner Brand Architekts sees sales slump as it pivots to "fewer, bigger brands"
By City AM
The beauty company, which also owns Super Facialist, has reported a 15 per cent fall in sales for the year ended 30 June as it pivots to fewer, bigger brands
Bookmark
Vinyl to return to WH Smith stores for first time in more than 30 years
Retail & High Street
Sales of vinyl in the º£½ÇÊÓÆµ jumped 11.7% to nearly six million last year
Bookmark
Around 140 jobs saved as Linbrooke Services is sold in pre-pack deal
Deals
The Sheffield firm's railway construction business has been sold to new owners Keltbray
Bookmark
º£½ÇÊÓÆµ Government explores PFI-style funding for HS2 Euston station redevelopment
By City AM
The Conservative government abolished PFIs for new infrastructure projects in 2018 following criticism that they failed to give the taxpayer value for money
Bookmark
Tristel's profits soar as disinfectant supplier appoints new chief exec
By City AM
The company, which primarily sells disinfectant chemicals for medical devices to hospitals, reported record revenue and "strong cash generation", in its audited preliminary results today
Bookmark
Ocean Wilsons sells Brazilian arm to Mediterranean Shipping Company for £590m
By City AM
The transaction will see Ocean Wilsons bring in more than its entire market cap in cash, as it is currently valued at £528m by the London Stock Exchange. It is expected to complete during the second half of next year.
Bookmark
Robinhood º£½ÇÊÓÆµ launches margin investing with competitive rates after regulatory delay
By City AM
The margin investing feature will allow Robinhood customers to borrow money from the company
Bookmark
William Hill owner says turnaround is working as revenue edges up
By City AM
The gambling firm has been struggling over the past year and posted revenue of £417m during the quarter despite a 13 per cent slide in its gambling unit
Bookmark
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