Dr Martens: Top bosses miss out on bonuses after ‘disappointing year’
The top bosses at iconic British shoe maker Dr Martens will not be paid their bonuses after the brand suffered a "disappointing year" as its pre-tax profit was slashed.
Wayve: Loss widens at British AI darling backed by Nvidia, Microsoft and Softbank
Wayve, the British artificial intelligence (AI) start-up that secured an investment of more than £800m recently, saw its losses pass £40m during its latest financial year.
Starling Bank posts third annual profit ahead of expected London listing
Starling Bank has posted its third full year of profitability as the digital-only lender grew its customer base and reaped the benefits of higher interest rates ahead of a planned IPO.
Spirits trade has tough year in 2023 according to AIM-listed Distil
Despite the difficult environment, turnover at the firm increased 15 per cent year-on-year to £1.5m with Goulding pointing to a "continued expansion" of its brands in the UK on-trade.
Ørsted: Wind energy giant invests in Tesla battery to help lower electric bills
Wind-power giant Ørsted has invested in a Tesla battery storage system for what is set to be the world's single largest offshore wind farm.
Legal & General reveals sweeping overhaul and kicks off first share buyback in a decade
Legal & General has revealed plans for a sweeping overhaul today including the merger of its two asset management arms and a first share buy back in over a decade, as new chief Antonio Simoes looks to
Frontier Developments: Rollercoaster Tycoon maker returns to profit ahead of new F1 and Jurassic World games
Frontier Developments, the developer behind games including Rollercoaster Tycoon and Elite Dangerous, is finally back in the green after cost saving measures triggered by a rough 2023.
Profit rises at Castings as firm benefits from lagged Covid impacts
Current levels of demand at Castings are expected to continue in the short-term, with the potential for a slight increase in the autumn.
GPE’s rights issue brings in the money for property group
Demand for the Great Portland Estates (GPE) rights issue was strong according to the company.
Lack of train station catering options costing passengers, warns watchdog
Railways station operators are being urged to create more competition between resident food outlets, as a study by a regulator concluded passengers are being let down by a lack of catering options.