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Outsourcing leader Mitie Group hits £1.16bn revenue following major contract wins and acquisitions
By City AM
The London-listed outsourcing group has been on a buying spree in recent months and has also secured a number of high-profile contract wins
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Arbuthnot profits dip as historic bank catches up with rate hikes
By City AM
The merchant bank, which opened its doors in 1833, said existing fixed-rate deposits continued to reprice onto higher terms as they were renewed
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Sthree bucks wider sector trend as it hikes dividend
By City AM
The company saw its like-for-like revenue fall by five per cent in the six months to May 31, down from £825.2m last year to £763.4m.
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IBM º£½ÇÊÓƵ's profits soar by over £100m in 2023, driven by AI and hybrid cloud services
By City AM
Tech giant's Portsmouth-headquartered division has reported a pre-tax profit of £172.9m for its latest 12 months
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Science Group's profit soars despite dip in revenue
By City AM
The consultancy and systems specialist said the first half performance will "provide a good platform for the remainder of the year"
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Rolls-Royce Motor Cars reports record-breaking £984.2m revenue as global luxury car demand surges
By City AM
The Hampshire-based business said that, globally, the highest demand is for its Cullinan model, followed by Ghost
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Eagle Eye soars with revenue rise as Tesco, Morrisons and Waterstones deals pay off
By City AM
The loyalty scheme specialist, which was founded in 2003, operates in the º£½ÇÊÓƵ, North America and Oceania and has been listed on the Aim market since 2014
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Alarm sounded over health of London's AIM market as listings hit 20-year low
By City AM
New analysis has revealed the number of companies quoted on London's junior market to be at a 20-year low.
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Bristol sandwich shop expands into London, creating 55 jobs
Retail & High Street
Sandwich Sandwich already has four sites but it's the first branch to open outside of Bristol
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BusinessLive publisher Reach launches business content partnership with City AM
By City AM
'Working together will give us the opportunity to strengthen our quality business journalism offering across our portfolio'
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MoD says £6.5bn deal with weapons maker MBDA secures thousands of jobs
Armed Forces
The 10-year agreement was announced by newly appointment defence secretary John Healey at Farnborough Air Show
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Explained: Why did skincare company Sk:n collapse?
Insolvency and Administration
The cosmetics firm ceased trading this week reportedly leaving customers and staff 'in shock'
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Leadership shake-up at Burberry CEO replaced amidst sales decline
South East
The group said Jonathan Akeroyd is leaving with immediate effect "by mutual agreement with the board" and will be replaced as chief executive by former Michael Kors boss Joshua Schulman
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º£½ÇÊÓƵ Government reduces NatWest stake to under 20% after latest share sale
NatWest
Bank was nationalised in the 2008 financial crisis
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More than third of major airports raise drop-off fees
Transport
The RAC has said it is "bordering on the ridiculous"
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Unilever to cut up to 3,200 jobs in Europe by end of 2025
Employment
The consumer goods giant announced its plans earlier in the year and now details of the cuts have emerged
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Investors withdraw £1.6 billion from Ashmore funds as risk appetite wanes
South East
The emerging markets specialist blamed the higher outflows from its funds on "subdued" risk appetite from institutional investors
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London Stock Exchange gets major overhaul after firms shun London listings
South East
The º£½ÇÊÓƵ's financial watchdog has announced a major overhaul of the country's stock market rules following a series of companies choosing to list in the US
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Property professionals' sales optimism at best level since 2022, survey shows
Housing
A net balance of 20% of professionals expect to see a recovery in home sales over the next three months, marking the highest level of sales expectations since January 2022
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Citizens Advice criticises potential Royal Mail rule changes, citing risks of rewarding poor service
Royal Mail
Following concerns about postal voting for the election, the charity said letter delays hit almost one in six people this spring
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Record-breaking day at Heathrow as airport handles over a quarter of a million passengers
South East
The airport said 268,000 passengers travelled through its terminals on June 30, the day after the Brexit deadline was extended from October
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Hays takes a hit as jobs market remains under pressure
Employment
Recruitment firm Hays has warned it expects earnings to be at the lower end of forecasts after election uncertainty kept job markets under pressure
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May Sees º£½ÇÊÓƵ economic growth exceed expectations, boosted by retail and construction sectors
Economy
The economy grew by 0.4% in May, according to official data, with the high street and construction sector showing signs of recovery following a tough few months
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Thames Water put in 'turnaround regime' as Ofwat rejects 44% bills hike
South East
The water regulator said it will impose a "turnaround oversight regime" on Thames Water and opposed the utility firm's planned 44% rise in consumer bills over the next five years
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