Mitie Group: Acquisition spree helps company to bumper growth
The revenue haul, which totalled £1.16bn, represented a 10.5 per cent year-on-year increase and came alongside a number of major contract wins.
IQE: ‘Growth ahead’ says boss of Cardiff semiconductor firm as sales expected to jump
The Cardiff-headquartered company said it expects revenue to be at least £65m in the first six months of the year.
Compass: Return to office and university helps catering giant to double-digit growth
Catering company Compass has reported double digit growth in the third quarter of 2024 as it looks to expand past North America and the UK. Revenue in Europe led with 12 per cent growth, while in Nort
Headlam: Flooring sales slump as Brits spend less on home improvements
British flooring specialist Headlam has had a challenging six months as it says people are spending less on home improvement projects, driving a slump in its revenue.
Warehouse REIT reports double-digit rental growth as race for space heats up
Warehouse REIT was able to push through average rent hikes of more than 15 per cent over the last quarter, but the trust’s stock price has failed to keep up. In a quarterly trading update, the trust
Merge council pension schemes to unlock £40bn investment bonanza, Reeves told
Forcing the UK’s sprawling local government pension schemes (LGPS) to merge into a single “sovereign wealth fund” could unlock £40bn worth of investment for British infrastructure projects, a t
Grocers vs bargain chains: Discount competition is heating up
The discount sector is crowded and competitive: Aldi, Lidl, Poundland and B&M are only a few of the retailers vying for space. The market for discount goods has been growing over the last few years,
Luxury faces a reckoning: What do Gucci, Burberry and LVMH need to do to survive?
The post-pandemic luxury market was unstoppable. Record profits driven by China’s reopening and the revenge-on-lockdown ‘urge to splurge’ sent profits at all the major luxury brands to unbelieva
‘Ugly duckling’ Ruffer sticks by market crash predictions
The £1bn 'ugly duckling' Ruffer Investment Company has reported a tough year after making wrong calls about the path of the economy, but analysts hope that the long-term bets made by the trust will p
Home REIT sister fund calls in investment manager to lead rescue effort
A Home REIT sister fund under investigation by the City regulator has called in a new investment manager to try and save it from collapse and salvage tens of millions of pounds of pension cash, City A