Investment platforms urge ‘radical’ ISA reform to unlock £30bn in UK market July 15, 2024 The bosses of the largest investment platforms in the UK have called for a "radical" simplification of the ISA regime, arguing that reform could unlock £30bn to boost British equities.
Hawes & Curtis: Working from home prompts major pivot for brand owned by Dragons’ Den star Touker Suleyman July 15, 2024 Hawes & Curtis, the formal menswear brand owned by Dragon's Den star Touker Suleyman, said it will focus more on casual clothing after seeing its profit dip last year, newly-filed documents have revealed.
Yell eyes ‘ideal customer’ as it sinks further into the red and cuts jobs July 15, 2024 Yell, the digital marketing and online directory business, sunk further into the red during its latest financial year as it focused on "attracting and retaining customers who meet our ideal customer profile exclusively".
Cavendish slides to loss despite consistent growth July 15, 2024 One of the City's newest investment banks has slashed its dividend after sliding into the red despite rapid growth. Cavendish raked in £48m in revenue in the year ended March 31, up nearly fifty per cent on the previous year.
Village Hotels’ profit halved as 450 jobs created ahead of takeover July 15, 2024 Village Hotels added more than 450 jobs but saw its pre-tax profit slashed in half in 2023 ahead of it being acquired by Blackstone, it has been revealed.
Gore Street: Energy storage firm reassures investors amid ‘extremely turbulent’ period July 15, 2024 Chair Pat Cox said the company had achieved "significant growth" despite challenging market conditions, as NAV per share plunged to 64.5p.
Advanced Medical Solutions: Strong US sales boosts revenue for wound-closure tech firm July 15, 2024 Advanced Medical Solutions (AMS) has announced a 10 per cent revenue hike for the first half of 2024 after sales for wound-closure tech in the United States took off. The company, which develops and manufactures tissue-healing technology, announced first-half revenue of £68m. Based on these numbers, the firm said it expected to report adjusted profit [...]
Eco Animal Health beats expectations thanks to Americas growth July 15, 2024 Animal vaccine firm Eco Animal Health beat earnings expectations despite continuing volatility in currency, thanks largely to its "robust" demand for its flagship vaccine and consistent market leading position.
Concurrent Technologies reveals ‘record results’ as profit doubles July 15, 2024 Computer product manufacturer Concurrent Technologies looks set to report "record results" in the first six months of its financial year following a swathe of new client wins.
Slowing jobs market hits profit at Robert Walters July 15, 2024 The firm said June was the worst year of the month so far for fee income. Fees for the month dropped 18 per cent. Robert Walters said new job flow in the month was "weaker than expected."