Babcock hails ‘encouraging’ trading fuelled by nuclear boost
"Our expectations for the full year are unchanged and we continue to progress toward our medium-term guidance," Babcock said.
Lego keeps building success in the UK despite ‘declining toy market’
Lego has continued to build on its recent success as its UK sales and profit rose for the sixth year in a row in 2023. The Berkshire-headquartered division of the Danish giant has reported a turnover
Sosandar pushes ahead with brick-and-mortar expansion as new flagship store revealed
UK fashion brand Sosandar has announced its expansion into in-store retail with historic Irish department store Arnotts, in a bid the company hopes will allow it to connect better with its customers.
S4 Capital: Revenue down and debt up at Sir Martin Sorrell’s ad giant
Sir Martin Sorrell’s S4 Capital’s post-pandemic struggles have carried through into its latest results, which revealed a sharp decline in revenue and ballooning debt. The London-listed media holdi
Ocado shares jump after firm hikes sales outlook on M&S joint venture
Ocado shares jumped more than 10 per cent in early deals this morning after the company hiked its sales guidance. The retail arm of the London-listed group, Ocado Retail, a 50:50 joint venture between
Next upgrades guidance again as the company welcomes ‘new phase’
Retail industry bellweather Next has upgraded its guidance by £15m after sales and growth “exceed expectations”, while it vies for £1bn in profit. The retailer upgraded the profit guidance it is
Close Brothers to sell asset management arm as motor finance bill looms
Close Brothers' shares are down by around a third since the Financial Conduct Authority announced in January that it would review whether customers were overcharged via now-banned discretionary commis
Why launch an AIM VCT now? First in 17 years debuts
The first venture capital trust focused on the AIM market in 17 years has been launched by Puma, despite fears over the strength of London’s junior market. AIM stocks have not performed well in rece
How the UK justice system determines prison sentences
Recent attention on the criminal justice system, prompted by a high-profile sentencing, has exposed a significant disconnect between public understanding and the realities of sentencing
What’s causing the decline in UK investment fund launches?
The number of actively managed funds launched in the UK is dropping, fast. While the number of passive funds, which track indexes, has been fairly consistent recently, the number of active ones has al