Ryman: Losses widen at retailer owned by former Dragons’ Den star Theo Paphitis April 10, 2024 Losses widened at Ryman, the stationery retailer owned by former Dragons' Den star Theo Paphitis, despite an increase in sales.
Proxy advisors take note: If you want the best, you have to pay up April 10, 2024 Proxy advisors play a valid, and important, role. But their words shouldn’t be treated as gospel, tablets of stone passed down from the self-appointed prophets of corporate governance. The grumbling over a pay increase for Pascal Soriot – or more specifically, the possibility of a pay bump should he meet a series of long-term performance [...]
MJ Gleeson: Planning setbacks hit profit September 18, 2024 Housebuilder MJ Gleeson has blamed planning setbacks in the UK for a decline in operating profit. Overall revenue at Gleeson rose by 5.2 per cent from £328.3m to £345.3m, although profit before tax fell by 21.3 per cent to £24.9m. The company – split into a land division and homebuilding division – said that Gleeson [...]
London Bankside awaits approval for £14m injection into local business development September 17, 2024 London's Bankside neighbourhood could see a substantial investment into local business growth and expansion over the next five years if a new development manifesto is approved this autumn.
Square Mile and Me – Labour City candidate Rachel Blake: Only Labour can remove the chaotic Tories June 27, 2024 We’re asking the candidates for the Cities of London and Westminster to introduce themselves. Today, Labour's Rachel Blake gives her pitch.
Gallagher re-sign as Premiership Rugby sponsor in uplifted deal September 12, 2024 Insurance giant Gallagher this morning reaffirmed their commitment to English top flight sport, signing an increased value sponsorship deal with Premiership Rugby. The move will take Gallagher’s title sponsorship span with the Premiership to beyond a decade upon conclusion of the three-year extension, which begins at the start of the 2025/26 season. Gallagher – whose [...]
Keystone Law Group set to outperform market expectations after profit increase September 12, 2024 The AIM-listed law firm, which operates a self-employed model, reported that pretax profit rose to £5.5m in the six months to July, up from £5.3m in the same period last year.
Government faces ‘grim reality’ on national debt, peers warn September 10, 2024 "If we wish to improve the level of and quality of services, and continue the current provision of benefits, taxes will need to rise. The alternative is that the state does less," the report said.
Direct Line shares crash as winter cold snap and inflation leave its results ‘as ugly as they can be’ March 13, 2023 Direct Line today posted a £45m loss for the year 2022 as the insurer suffered a hit from soaring inflation, extreme weather, and market volatility, in what analysts described as one of the “worst years” in the Bromley firm’s history. Shares in Direct Line fell by 5.79 per cent on the news, as the insurer [...]
Bank of England should take ‘measured approach’ to interest rate cuts after balanced survey September 5, 2024 The Bank of England’s survey covers prices charged across the whole economy, not just in consumer-facing firms.