FTSE 100 engineer Spirax misses expectations amid ‘weak’ macroeconomic backdrop
Spirax Group has missed expectations as the FTSE 100 engineering firm highlighted challenging trading conditions in its key markets.
Savills hails ‘signs of market recovery’ as half-year sales and profit rise
Sales and profit increased at estate agent Savills in the first half of 2024 as both commercial and residential markets begin to show signs of recovery. The FTSE 250-listed firm has reported a five pe
Entain: FTSE 100 giant’s strategy ‘bearing fruit’ as Ladbrokes owner’s loss narrows
It comes ahead of the arrival of new chief Gavin Isaacs, who is set to join Entain in early September, while David will succeed as chair at the end of that month.
Hermes Pacific exits London Stock Exchange’s AIM market citing ‘undervalued’ shares
Investment firm Hermes Pacific has become the latest company to exit the London Stock Exchange with bosses saying they believe its shares are undervalued. The firm, which listed on London’s junior A
Shawbrook: Underlying profit dips as challenger bank’s margins narrow
Challenger bank Shawbrook has reported a dip in underlying profit for the first half of 2024 as looming interest rate cuts from the Bank of England narrowed its lending margins.
Deliveroo: Delivery group posts profit, launches buyback amid ‘encouraging’ signs in consumer behaviour
Deliveroo posted a profit of £1m in the first half of 2024, rebounding from a loss of £83m in the same period last year. Shares rose over six per cent on Friday morning as gross transaction value (G