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News

  • June 27, 2024

Adams Plc remains in the red as geopolitical unrest drags on assets

Investor in distressed and dysfunctional assets Adams Plc blamed elevated trade tensions with China and the ongoing Russia-Ukraine war for posting another loss in its full year results.

  • June 27, 2024

Major delays at London Paddington as major incident impacts Bristol, Heathrow Airport and Elizabeth Line services

Trains going in and out of London Paddington have been either cancelled or held at red signals after the lines were closed due to a major incident.

  • June 27, 2024

H&M shares dive after warning ‘unstable’ weather will hit sales

Swedish fashion retailer H&M reported an increase in revenue in the second quarter of this year, but warned that sales for June are likely to be impacted by poor weather.

  • June 27, 2024

STM Group suffers fall of profits and earnings on eve of acquisition by pensions rival

Retirement and estate planning firm that owns Options Pensions' suffered a fall in profits, reported earnings per share and reported operating margins in 2023, on the eve of its acquisition from a riv

  • June 27, 2024

Bunzl upgrades guidance following string of successful acquisitions

Specialist distribution group Bunzl has upgraded its operating profit guidance following a string of successful acquisitions.

  • June 27, 2024

Regional REIT launches £110.5m capital raising to stave off bankruptcy

Regional REIT has laid out plans to raise around £110.5m from a new share offer.

  • June 27, 2024

Microsoft to build ‘hyperscale’ datacentre near Leeds after £106m deal

Tech giant Microsoft is one step closer to building a 'hyperscale' datacentre near Leeds after it purchased a 48-acre site from British property developer Harworth Group.

  • June 27, 2024

Moonpig new subscription model helps it achieve solid earnings

Moonpig has credited its "extraordinary" customer loyalty and expectation beating subscription product for the growth.

  • June 27, 2024

Halfords: Profit slides as cycling and motoring retailer warns of ‘soft’ trading

Halfords has reported a slide in profit as the cycling and motoring retailer cut its dividend and warned of "soft" trading for the current financial year.

  • June 27, 2024

Currys back in the black thanks to ‘encouraging’ momentum in key markets

Tech retailer Currys has seen its profit rise as bosses say the company is "getting back on track" after a tumultuous couple of years.

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