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News

  • June 26, 2024

Motorpoint to limit staff salary rises as bonuses for top bosses slashed

Motorpoint has slashed the bonuses of its top executives after suffering “the most difficult year” in its history.

  • June 26, 2024

Procook serves up return to profitability promising sustained growth

Kitchenware maker Procook has said it "plans to accelerate profitable growth over the medium term" thanks to the strategic inroads and trading "momentum" borne out in its full year results in which th

  • June 26, 2024

FTSE 100 giant Natwest and Close Brothers set to benefit from Labour government, analysts say

UK banking stocks are poised to enjoy a "good backdrop" if Labour wins the general election on 4 July, according to a leading broker, highlighting benefits for Natwest and Close Brothers.

  • June 26, 2024

London Underground: Sadiq Khan’s Friday travel discount fails to reverse work from home trend

The trial was posited as a possible solution to the huge decline in commuting numbers seen across the underground due to home working.

  • June 26, 2024

Convicted Dominic Chappell ordered to repay at least £50m over BHS collapse

The man who bought BHS from Sir Phillip Green for £1 (one pound) has been ordered by a court to repay the administrators at least £50m over its collapse.

  • June 26, 2024

PZ Cussons: Carex maker backs outlook despite surge in Nigerian currency

British health and beauty manufacturer PZ Cussons said its on track to deliver a revenue of more than £520m despite the decline in the value of the Nigerian Naira, which it said has had a “signific

  • June 26, 2024

Deliveroo approach from Doordash failed but analysts say it ‘may only be the start’

Deliveroo, which has long been seen as a target for a merger or acquisition, may not have agreed to a deal this occasion, but analysts at Jefferies said the approach "may only be the start".

  • June 26, 2024

HSS Hire sees sales jump as tool rental service weathers tough winter

Tool rental firm HSS Hire increased its sales in the first five months of its financial year despite the impact of the mild winter on its seasonal product line.

  • June 26, 2024

Electrical supplier AO World sees profit skyrocket

Shares in AO World have jumped after the white goods electrical supplier revealed its profit had surged during its latest financial year.

  • June 26, 2024

MS International hikes dividend after ‘record’ year

MS International hailed an an outstanding year of trading performance and growth after it saw revenue rise and record profits thanks to particular success in its defence and corporate branding divisio

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