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LIVE By Live Commentary Updated: 08:26 GMT, 23 November 2023 The FTSE 100 is up 0.2 per cent in early trading. Among the companies with reports and trading updates today are Virgin Money, Jet2, Motorpoint, Weir Group, FirstGroup, Mitie Group and Hornby. Read the Thursday 23 November Business Live blog below. > If you are … Read more
Cranswick’s sales increased to £1.25bn in the six months ending 23 September Turnover was boosted by price and volume growth across its core categories The firm supplies major British supermarkets, such as Tesco and Sainsbury’s By Harry Wise Updated: 18:16 GMT, 21 November 2023 Meat producer Cranswick has raised its annual guidance following a bumper … Read more
The telecoms giant reported first-half operating profits fell by 44.2% to €1.7bn Its organic service revenue rose thanks to solid results across the UK and Africa Vodafone sold its Vantage Towers, Hungarian and Ghanaian divisions last year By Harry Wise Updated: 16:11 GMT, 14 November 2023 Vodafone Group’s first-half profits plummeted as the telecoms group … Read more
Wheel Topco blamed ‘market conditions’ for not making a bid for the group By Jane Denton Updated: 16:51 GMT, 7 November 2023 Wheel Topco, the owner of Pizza Express, has confirmed it will not be making an offer for The Restaurant Group ‘due to market conditions’. TRG said last month it had received a request … Read more
The Bradford-based company revealed that liquidation is ‘likely to be required’ Earlier this week, it revealed approximately 680 employees had lost their jobs By Daniel Fessahaye Updated: 16:11 GMT, 3 November 2023 Safestyle UK directors will ‘likely’ place the firm into liquidation after the retailer collapsed into administration earlier this week. The Bradford-based company told … Read more
Barclays revealed pre-tax profits of £1.9bn for the quarter ending September Its total income fell to £6.3bn due partly to the impact of merging two divisions The firm’s earnings were further dragged down by rising operating expenses By Harry Wise Updated: 16:34 BST, 24 October 2023 Barclays’ third-quarter profits fell narrowly following a slowdown in … Read more
Rightmove shares fell over 12% following the update by OnTheMarket OnTheMarket shares rose over 50% following its deal announcement By Jane Denton Updated: 15:56 BST, 19 October 2023 OnTheMarket shares surged by more than half on Thursday after the group revealed it had agreed to be taken over by US commercial real estate information group … Read more
Pendragon shares slumped 8.7% following the announcement by AutoNation Hedin Mobility Group and Penske also recently dropped out of the bidding race Now, AutoNation’s withdrawal leaves Lithia’s offer the only one still on the table By Harry Wise Updated: 15:19 BST, 18 October 2023 Motor retailer AutoNation has pulled out of the race to acquire … Read more
Bellway set to build a third fewer homes this year Bellway is aiming to complete c.7,500 homes for the year ending July 2024 The Newcastle-based company finished building 10,956 in the previous year UK housing demand has been negatively impacted by higher mortgage rates By Harry Wise Updated: 16:27 BST, 17 October 2023 Bellway has warned … Read more
SJP scraps exit fees in charging shake-up St James’s Place has long faced accusations of charging high amounts to clients The new charging arrangement is set to take effect in the second half of 2025 By Harry Wise Updated: 16:26 BST, 17 October 2023 St James’s Place has scrapped exit fees for new bond and … Read more