Why Easyjet is outperforming rival Ryanair July 26, 2024 Ryanair's poor Monday update pushed airline investors into panic mode. So why has Easyjet bucked the trend?
Computacenter: Profit down by a third on ‘weak demand’ for UK tech July 26, 2024 London-based tech company Computacenter announced a drop in profit before tax by a third for the first half of the year on weaker than expected demand in the UK industry. The £2.97bn firm, which helps businesses set up and manage their computer systems and software efficiently, expected its profit before tax for the half year ended 30 June [...]
Motorists still ‘paying too much’ for fuel, says competition watchdog July 26, 2024 Drivers are still paying too much for their fuel, with retail margins “significantly” above historic levels, according to the UK competition watchdog.
Segro: Warehousing giant’s profit hits £200m as UK property values increase July 26, 2024 Warehousing giant Segro has seen its profit soar to more than £200m after the value of its UK properties increased for the first time in two years.
Drax shares soar as firm announces buyback and expects profit at ‘top end’ of estimates July 26, 2024 Power generation group Drax reported an increase in profit in the first half and forecast that its earnings for the full year would come at the "top end" of expectations.
Babcock profit soars amid surge in global defence spending July 26, 2024 Babcock International has reported a jump in annual profit as the British defence giant once again benefits from a "sustained uplift" in global defence spending.
Rightmove urges Reeves to keep stamp duty threshold for first-time buyers as it posts ‘solid but uninspiring’ results July 26, 2024 Property giant Rightmove has called on the Government to retain the stamp duty threshold for first-time buyers, as it announced a solid but “uninspiring” set of results. Revenue at Rightmove rose by seven per cent to reach £192.1m, “as both agents and new homes developers renewed contracts, upgraded their packages and invested in additional products”, [...]
Man Group: Hedge fund sees over £8bn gains as it starts off 2024 ‘strongly’ July 26, 2024 Hedge fund Man Group revealed that it generated investment performance of $11.1bn (£8.6bn) over the first six months of 2024, as it started the year off "strongly".
Natwest shares rise after strong results and deal for part of Metro Bank’s mortgage book July 26, 2024 Natwest became the latest bank to report a fading boost from higher interest rates as it announced the acquisition of part of Metro Bank's mortgage book.
Jupiter investors accelerate exodus over departure of star stock-picker July 26, 2024 London funds house Jupiter saw outflows accelerate in the first six months of the year as investors grew nervous over the departure of star stock picker Ben Whitmore. In its half year report today, the FTSE 250 investment group said it had notched total net outflows of £3.4bn in the six months to the end [...]