Wealth manager Quilter has pushed up the amount of cash managed in its funds in the first three months of the year after a surge in fresh inflows and a rebound in global equity markets.
The group has swung from a £60m loss during the same period last year to £83m profit in 2024.
Profit before tax was 33 per cent up on the previous year and in line with expectations, while Jet2 added that its balance sheet was "very strong" with total cash sitting at £3.2bn.
Like-for-like sales at its nutrition arm fell by 9.9 per cent to £591m, which more than offset growth of 7.1 per cent at its hygiene arm and one per cent at its health arm.
Lloyds Banking Group has posted a 28 per cent fall in profit - in line with analysts' estimates - as price wars and the prospect of interest rate cuts forced it to offer better rates to customers.
Thames Water has said it does not pay dividends to shareholders, but pays internal sums to its parent company Kemble Water Holdings
The SEC's failed case against Digital Licensing Inc., a crypto platform known as DEBT Box, is continuing to make waves. Michael Welsh and Joseph Watkins, the SEC’s lead trial attorney and the agency
Digitising the UK’s government services could save Brits a collective 75,000 years of lost time annually and represents a “massive opportunity” for firms, new data has revealed.
Revolut expects to grow its global headcount by around 40 per cent in 2024 as the fintech pushes for rapid expansion and bucks a recent trend of layoffs among major financial and tech firms.
The battle over paypackets for London’s top bosses failed to materialise in the opening months of the year as investors snubbed proxy firms and waved through bigger salaries for executives, new data