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South East
10:51, 17 JUN 2025
Smarter Web Company skyrockets into FTSE 250 with £720m cap after embracing Bitcoin
By City AM
The Aquis-listed firm now has a market cap of £720m, after having more than tripled in the past week
Bookmark
Neal's Yard Dairy's profits fell in year before £300,000 cheese heist
By City AM
Neal's Yard Dairy, based in Southwark, south London, saw its profits fall in the year before it was the victim of a £300,000 cheese heist
Bookmark
Costain shares jump as analysts raise target price for construction company
By City AM
Shares in the construction firm have now risen by nearly a third since the start of the year, to give the firm a market cap of £380m
Bookmark
Vegan and vegetarian Indian restaurant opens in former Bath church
Restaurants
A London-based hospitality company has acquired the leasehold of the building
Bookmark
º£½ÇÊÓÆµ office provider introduces bedrooms for workers
By City AM
The company says increasing numbers of commuters are wanting to "play late in the city and skip the morning rush hour"
Bookmark
Crest Nicholson sees profit triple as housing market recovers
Housing
The London-listed firm said adjusted pre-tax profit more than tripled to £7.9m in the six months ended April 30
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Tesco ramps up market share and maintains profit guidance amidst fierce º£½ÇÊÓÆµ supermarket wars
London
The º£½ÇÊÓÆµ's biggest supermarket chain has reported a strong first quarter
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Ryanair to fine disruptive passengers £500 'minimum'
Transport
The budget carrier is hoping the new policy will act as a deterrent to 'unacceptable behaviour'
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Canadian giant WSP to acquire engineering giant Ricardo for £281m
By City AM
Consultancy giant's deal is the latest foreign takeover o the London Stock Exchange.
Bookmark
M&S shares set to rocket to highest in 10 years after full-year results
By City AM
M&S shares have been tipped to rise to more than 420p each in the wake of the FTSE 100 giant's full-year results and a major cyber attack
Bookmark
Pret A Manger owners eye huge changes including sale or stock market listing
By City AM
JAB Holding, which bought Pret for £1.5bn in 2018, said it was "not currently" looking to sell the sandwich chain but added: "As we move closer to a potential IPO, we may evaluate bringing on a pre-IPO investor"
Bookmark
Wise's US listing could signal the death knell for London's fintech IPO revival
By City AM
The London Stock Exchange has been dealt a fresh blow after Wise said it would ditch its primary listing in the º£½ÇÊÓÆµ in favour of a dual listing across the pond
Bookmark
Thames Water and 5 other firms banned from paying bonuses to bosses
By City AM
The new measure prohibits utility firms that oversee "poor environmental and customer outcomes" from offering bonuses to senior bosses.
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Fintech giant Wise follows on from Invidior and ditches London Stock Exchange
By City AM
Payments giant Wise has dealt a fresh blow to London's under-fire capital markets after confirming plans to switch its primary listing to the US
Bookmark
Wickes to be promoted to FTSE 250 as National Express owner axed
By City AM
Wickes has entered the index after its stock price has soared 35 per cent in the last three months, launching a £20m share buyback programme and seeing a recovery in big ticket sales
Bookmark
Wizz Air shares crash as budget airline's profits nosedive amid ongoing problems
By City AM
The Hungarian budget airline said its results for the year to March 31 had been impacted by the "continued grounding of a substantial portion of the group's aircraft fleet"
Bookmark
Mitie in £366m offer for Lord Ashcroft-founded firm as revenue soars
By City AM
The FTSE 250 firm said the takeover of the AIM-listed testing and inspection group would deliver £30m of cost synergies as part of its full-year results today
Bookmark
'At most one new operator' can move in to East London Eurostar depot
By City AM
The Office of Rail and Road (ORR) has been assessing capacity at Temple Mills International depot after Eurostar claimed it was "basically full"
Bookmark
Babcock shares soar to highest price in more than a decade after doubling in 2025
By City AM
The FTSE 100 engineering services giant has seen its share price rise by more than 100% this year alone
Bookmark
Costco boss says lower petrol prices have actually benefited it as profits soar
By City AM
Costco º£½ÇÊÓÆµ has reported a pre-tax profit of £188.9m for the year to 1 September, 2024, up from the £139.2m it achieved in the prior 12 months
Bookmark
Accountancy group Dains pushes into London and the South East with Barnes Roffe acquisition
Finance
'Together, we see significant opportunities to grow our presence in the London area'
Bookmark
Mastercard AI boss warns of surge in fraud attempts as retailers feel cyber attack sting
By City AM
Greg Ulrich, chief data and AI officer at Mastercard, said the payments network is "attacked perpetually" by fraudsters
Bookmark
Biscuit giant that makes Jammie Dodgers and Party Rings cuts losses and creates jobs
By City AM
Burton's Biscuit Company and Fox's Biscuits combined in 2022 to form a new company
Bookmark
British American Tobacco says US business has returned to growth
By City AM
In a trading update, the company said its combustible products - cigarettes and cigars - are expected to return to growth in the first half of the year
Bookmark
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