Disney: Bob Iger’s Fortnite pivot pays off as attention turns to its streaming arm February 8, 2024 Disney beat expectations in its most recent quarter as it forays into the lucrative gaming market with a $1.5bn investment in Epic Games.
Mission Group criticises raised takeover bid from owner of Steven Bartlett-founded Social Chain June 4, 2024 Mission Group is evaluating a raised takeover proposal by rival digital marketing agency Brave Bison after rejecting its initial proposal last month, with a preliminary view that the new bid is also inadequate.
R&Q Insurance expects large ‘adverse development’ on loss reserves April 12, 2024 It announced in October that it had entered into a conditional agreement to sell Accredited, its programme management business, to private equity investment manager Onex Corporation.
Brits put recession fears aside to bowl strikes at ten-pin operator May 30, 2023 Hollywood Bowl reported record revenues of £110.2m in its half year results this morning, up 20.7 per cent on 2022 amid strong sales, and said it would continue to eye expanding its UK estate and leisure centres. However, the bowling operator reported a drop in its pre-tax profits to £26.7m for the six months to [...]
Barratt: FTSE 100 developer will bank on mortgage cuts for sales lift February 3, 2024 Barratt Developments will update investors on its half year trading performance this Wednesday, with hopes that cooling mortgage rates will boost its balance sheet.
Moving markets: What’s shaping the FTSE 100 today January 12, 2024 Asian shares exhibit mixed performance, with oil surging due to US-UK Yemen strikes, gold shining amidst growing safe-haven appeal, and attention shifting towards upcoming UK factory and GDP data.
5 sunny things to do in London this weekend September 8, 2023 Not that we’ve had many, but it could be the last sunny weekend of the year… Temperatures are set to hit 32 Celsius tomorrow, and they’re staying high for Sunday and into Monday, so you’ve got multiple changes to get out in this delightful Indian Summer. Here are five things to do in London this [...]
Video games maker Frontier Developments upgrades guidance after cost-cutting drive May 7, 2024 The AIM-listed firm said in a trading update on Tuesday that its portfolio had "performed well" over the last month "with pleasing contributions from all games".
SMMT: Getting automotive back on track priority for 2023 November 25, 2022 Getting the automotive sector back on track is the top priority for 2023, according to the Society of Motor Manufacturers and Traders (SMMT). Chief executive Mike Hawes warned that a return to pre-Covid production levels was fundamental, “given the jobs, exports and economic contribution the automotive industry sustains.” “UK car makers are doing all they [...]
UK ‘found its feet’ in November as economy returned to expansion but recession fears remain November 23, 2023 “The UK economy found its feet again in November as the service sector arrested a three-month sequence of decline," Tim Moore, Economics Director at S&P Global Market Intelligence said.